Dow+1,14% S&P+1,30% Nasdaq+0,89% Russell+1,55% VIX @ 19,43 (-7,34%)
US Market Closed higher, above its 200d MA, All ten sectors finished in the green with energy (+3.0%) spending the entire session in the lead. The sector benefitted from a 2.8% advance in crude oil ($49.59/bbl) while also drawing strength fromExxonMobil (XOM 89.58, +2.16). Shares of XOM jumped 2.5% in reaction to better than expected earnings thanks to a $1 billion non-cash windfall resulting from deferred tax items and a favorable ruling for expropriated Venezuela assets, financials (+1.6%) and industrials (+1.5%) displayed relative strength throughout the day after posting respective losses of 7.0% and 3.7% in January...Tech stay behind the broader market...US After Hours CLF +10.5%, IDTI +6.9%, RTEC +6.8%, SSYS -27.4%, RCII -13.5%, LMNX -2.6% following earnings/guidance...In China, the PBoC continued to inject cash into the system via open market operations going into the Lunar New Year holiday spending period with another ¥90B move in 7- and 28-day repos - its 4th consecutive and also biggest injection since late January of 2014. Among notable Chinese press reports, China insurers were speculated to start adding stock investments to their portfolios in 2015. Hong Kong-traded Lenovo was sharply higher after a strong Q3 report - sales rose 40%, gross margins expanded over 700bps, while PC market share reached a new record high of 20%. PC shipments growth rose by 12% and smartphone shipments surged nearly 80%...Negotiations of Trans-Pacific Partnership terms are reportedly progressing well, and Japan's Econ Min Amari said he would welcome a 12-nation meeting as soon as early spring. Recall overnight Japanese press reported US could drop tariffs on Japanese cars in over 10 years as part of the unfolding agreement. Separately, Nikkei report citing Japan Center for Economic Research (JCER) estimated December economic growth recovered to +0.3%, led by the weak-yen supported exports rising over 3%.
Nikkei -1.27% Hang Seng +0.10% Shanghai +1.89%
RUB $68.04 WTI $49.95 (+0.77%) EurCHF 1.0513
Eur$ 1.1338 S&P -0.26% EuroStoxx +0.57% DAX +0.49% SMI +0.73%
Macro :
- ECB’s Noyer Says France Shouldn’t Cancel Greek Debt
Keep an eye on :
- AF FP : Air France-KLM CEO: Industry Faces Unprecedented Challenges
- ALU FP : CEO pushing to diversify customer base by selling Internet equipment to large technology companies and multinational corporation
- AMS SW : AMS 4Q Ebit EU31.4m vs EU24.2m
- AREVA FP : Areva 4Q Revenue up 7.8% to EU2.78b, Led by Mining, Back End,Areva Wants to Save EU1B by 2017, Les Echos Says
- BCP PL : Banco Comercial Full-Year Loss EU217.9m vs Est Loss EU192.6m
- BILL SS : BillerudKorsnas 4Q Op. Profit Misses Est.
- SAN SM : Banco Santander 4Q Net Income EU1.46B in Line With Estimates
- BUCN SW : Bucher 2014 Net Sales Meet Estimate, Orders Rise
- EDP PL : Portuguese Electricity Demand Rose 3% in January, REN Says
- FCA IM : Fiat Chrysler Car Sales in Italy Rose 11.4% in January
- IPN FP : Ipsen 2014 Sales in Line; Dysport Meets Phase-Three Endpoints
- BAER VX : Julius Baer Isn’t for Sale, CEO Collardi Says (Earlier)
- SHBA SS : Handelsbanken to Announce New CEO Feb. 4, Dagens Industri Says
- GBLB BB : Belgian Billionaire Frere to Step Down as GBL Managing Director
- NHH SM : NH Hotel Group Says Conditions Met for Hoteles Royal Purchase
- NOVN VX : Novartis Japan Unit Faces Business Suspension Order: Kyodo
- RCO FP : Dubreuil Family to Sell Bonds Exchangeable for Remy Shares
- SDRL NO : SDRL US Close +10,7% in NYC, 4,13% higher than in Oslo...22mil shares traded in NYC 3 times aveage daily vol.
- SWEDA SS : Swedbank 4Q Net Misses Est.; Dividend Raised
- TEF SM : Telefonica Weighs Using O2 Sale Proceeds to Help Pay for GVT
- TIT IM : Telecom Italia CEO dampens speculation on Oi bid
- TTI GY : Tom Tailor FY Sales In Line, Posts Positive Net Income
- FP FP : TotalDelayed by several months plans to drill Denmark's first test wells for shale gas
- UBSN VX : German Tax Evaders May Prompt Swiss Bank Probes: Handelsblatt
- YPSN SW : Ypsomed CEO Says Strong Franc Will Weigh on Domestic Growth: BZ