Dow-0.16% S&P-0.10% Nasdaq-0.13% Russell+0.17% VIX 14.24
US Market closed slightly lower. Not much action in the US. Greece continue to be in play, a short squeeze in the euro sent the single currency higher by 2.0% against the dollar to 1.1145. Contributing to the euro strength was some chatter that the European Central Bank could stop its quantitative easing program early due to inflationary pressures. the S&P 500 found early support in the neighborhood of its 50-day moving average (2,100) and returned to its flat line shortly after noon ET. In all likelihood, some of the money leaving Treasuries found its way into stocks, but the benchmark index could not stay above its unchanged level into the close. large cap tech names were mixed with Apple (AAPL 129.96, -0.58) and Microsoft (MSFT 46.92, -0.31) losing close to 0.5% apiece while Google (GOOGL 553.95, +4.74) and Facebook (FB 80.44, +0.15) advanced. energy sector was supported by a rally in crude oil, which climbed 1.7% to $61.28/bbl. Volume were in line with 712 mil shares...US After Hours GIII +6.5%, AMBA +1.0%, VMEM -12.0%, NCS -3.9%, GWRE -2.9%, MIND -1.2%, GES -0.5% following earnings/guidance...Asia indices initially tracked mixed sentiment in the US markets but have rolled over in the afternoon session. China is finally being pressured by high IPO activity on the mainland this week, Nikkei225 is on the defensive amid a bounce in Japanese Yen from multi-year lows, while S&P/ASX is down after stronger than expected Australia GDP justified a more neutral than anticipated RBA statement overnight. China Services PMI from HSBC recovered from last month, offsetting deteriorating conditions in manufacturing, HSBC called for further stimulus just to achieve the target GDP of about 7%. In Japan, BOJ's Shirai was somewhat cautious in terms of inflation outlook, forecasting 2% objective to be achieved only at the end of 2016
Nikkei -0.41% Hang Seng +0.70% Shanghai -1.05%
Eur$ 1.1174 JPY 123.86 GBP 1.5370 EURCHF 1.0419 RUB $52.6675 WTI $60.85 (-0.67%)
S&P +0.07% EuroStoxx +0.03% Dax +0.15% SMI +0.10%
Macro :
- HSBC China May Services PMI 53.5 vs 52.9 in April
- Markit/JMMA Japan May Composite PMI 51.6 vs 50.7 in April
- Qatar Stock ETF Falls 1.8% in NY as Blatter Resigns From FIFA
- ECB Said to Raise Greek ELA Ceiling to EU80.7b From EU80.2b
- HSBC India May Composite PMI 51.2 vs 52.5 in April
- OPEC Won’t Cut Production at Vienna Meeting, Al-Hayat Reports
Keep an eye on :
- AC FP : Accor Changes Name to AccorHotels, Will Raise Digital Investment
- ACS SM : SNC-Lavalin Said to Have Been Approached By Possible Buyers: (ACS Mentionned)
- ALCLS FP : Weill Cornell, Cellectis Report 3-Year Pact for UCART123
- AREVA FP : EDF’s Areva Nuclear Bid Is Favored by French Govt., Figaro Says
- AH NA : Ahold, Delhaize Talks Said to Advance With Deal Sought for June
- AZN LN : AstraZeneca May Consider Buying Immune-Therapy Company
- BMW GY : BMW’s Record May Trims Gap With Mercedes for U.S. Luxury Crown
- CPINV BB : Care Property Invest to Raise up to EU40.3m in Rights Offering
- DTE GY : German Mobile Spectrum Auction Reaches EU2.3b After 58th Round
- DGE LN : Ex-Diageo CEO Walsh Has Not Taken F-1 Board Seat: Sky News
- DUFN SW : Dufry to Raise at Least CHF2.2b in Rights Offering for WDF Buy
- ERICB SS : Ericsson is unlikely to buy Juniper Network due to price - Arvopaperi
- GFC FP : Gecina in Prelim. Pact to Pay EUR1.24b for 2 Office Assets
- HSBA LN : HSBC Investor Day May Disappoint With Focus on Costs: Barclays
- HUSQB SS : Husqvarna CEO Reiterates 10% Op. Margin Target: Dagens Industri
- NOK1V FH : Nokia unlikely to sell Here for less than USD 4bn - Kauppalehti Online
- RMG LN : Royal Mail to Name TUI Boss Peter Long Chairman Tomorrow: Sky
- SHP LN : Shire could finance another multi-billion dollar acquisition - CFO
- SGO FP : BPIFrance May Buy 10-30% Stake in St-Gobain’s Verallia: Monde
- SSH1V FH : SSH, the Finnish security software company, could be a takeover target - Talouselama
- SYNN VX : Monsanto, Syngenta Said to Discuss Regulatory Hurdles to Deal
- TEF SM : German Mobile Spectrum Auction Reaches EU2.3b After 58th Round
- VOD LN : German Mobile Spectrum Auction Reaches EU2.3b After 58th Round
- VOE AV : Voestalpine FY Beats Earnings, Sales Estimates on U.S. Growth
- VOLVB SS : Volvo Cars Reports Decline of 1.3% in Global Retail Sales in May
- VOLVB SS : May Prelim. Class 8 Truck Orders Slightly Weaker Than Est: JPM