Dow-1.80% S&P-1.87% Nasdaq-2.18% Russell-2.28%
US Market closed lower. WTI crude closed its pits session lower by 5.3% at $29.95/bbl. energy sector (-3.3%) rounded out the leaderboard while financials (-2.6%) and industrials (-2.0%) followed. On the flipside, utilities (+0.4%) and materials (-0.7%) outperformed. IBB-2.8%. Kansas City Fed President and FOMC voting member Esther George stated that "economic growth, steady job gains and modestly higher core rates of inflation will warrant further increases. volume were above average with more than 1bil shares traded. US After Hours CENT +15.6%, BOOT +13.6%, WNC +9.7%, MYGN +7.9%, OCLR +5.9%, ULTI +5.6%, CMG -8.2%, YHOO -2.0%. following earnings/guidance. Asian Markets are tracking US Sell Off, WTI continue to trade lower in electronic trading. China services PMI hit a 6-month high as economists noted that fast development of the services sector has to a large extent offset the impact of weakening manufacturing, indicating a better economic structure. PBoC loosened mortgage downpayment requirements on certain property purchases in smaller cities, and a local press report speculated about further govt policies to sell stockpiled homes. BOJ Gov Kuroda spoke extensively about last week's decision, stating that just because negative rates were adopted it does not mean the BOJ is out of ammunition to expand asset buying.
Nikkei -3.15% Hang Seng -2.57% Shanghai-0.47%
Eur$1.0921 CNH 6.6473 CNY 6.5799 JPY 119.66 GBP 1.4421 CHF 1.0179 RUB$79.285 WTI $29.82 (-0.20%)
S&P-0.21% EuroStoxx -0.75% Dax-0.66% SMI -0.06%
Macro :
- S&P Takes Rating Actions On 20 US Investment-Grade E&P Issuers ( Chevron, Apache, Devon Energy, Hess, Marathon Oil, Murphy Oil, Continental Resources, Hunt Oil, Southwestern Energy )
- Portugal Says 2016 Budget Proposal Complies with EU Rules
- China 2015 Vehicle Sales Rise 4.7% to 24.6m Units
Keep an eye on :
- ABBN VX : ABB 4Q Orders Fall on Currencies, Lower China, U.S. Demand
- CS FP : Axa to Take Exceptional EU80m Loss on Hungary Bank Unit Sale
- BNP FP : BNP Paribas Withdraws From Securities Clearing in U.S.: HFMWeek
- FER SM : British Airways says London City Airport’s GBP 2bn asking price is ‘foolish,’ threatens to cut flights if landing charges increased
- GBB FP : Bourbon 2015 Sales EU1.33b; Estimate EU1.38b (Correct)
- DELB BB : Delhaize CFO Bouchut Nets EU2.3 Mln With Stock Options
- HOME LN : J Sainsbury bid for Home Retail Group to be financed by Sainsbury's Bank using Argos’ GBP 600m loan book
- KPN NA : KPN 4Q Rev., Adj. Ebitda Below Ests.; Raises Savings Target
- LUPE SS : Lundin Petroleum 4Q Ebitda Beats Estimates; Net Misses, CEO Says May See Impact of Oil Underinvestment in 2H
- MC FP : LVMH 4Q Organic Fashion & Leather Goods Sales Beat Ests.
- NOVOB DC : Novo 4Q Net Misses Estimates; Specifies 2016 Outlook, 4Q Victoza Sales Miss Est, Gives L/T Targets
- OSR GY : Osram Posts 1Q Profit vs Year-Earlier Loss; Revenue Rises 6%
- PHIA NA : Philips Said to Face Headwinds on Sale of Lighting Business
- REP SM : Repsol Strategic Plan Sees Oil at $40 a Barrel: Confidencial
- RNO FP : Renault India Says Increasing Capacity to Make Kwid Hatchback
- ROG VX : Roche Said to Approach PACB, Talks Haven’t Advanced: Rtrs
- SYNN VX : Syngenta 2015 Ebitda, Sales In Line W/ Est.; Dividend Below BDVD
- SYNN VX : ChemChina Offer Equals CHF480 per Syngenta Share
- UL FP : Unibail-Rodamco Sees 2016 Recurring EPS EU11.00-EU11.20
- UL FP : Unibail-Rodamco’s NNNAV Rose 12.4% to EU169.90 a Share
- VK FP : Tianda Oil Pipe Says Vallourec to Buy Control for HK$846.6m
- VK FP : Vallourec Reacted Late to Its Problems, Macron Tells Figaro
- VOW3 GY : Volkswagen Submits 3.0L Recall Plan, California ARB Says
- DG FP : Vinci Signs Strasbourg Bypass Concession Contract
- UHR VX : Swatch 2015 Oper. Profit Misses Ests., Plans Share Buyback