US Market closed slightly lower after a record high on S&P (2024.54), Oil 7 GOP elections were a catalyst, Tech (AAPL +1.3%) & Financials gave relative support to the all mkt Outperforming other sectors, Energy was the weakest sector with Oil trading below the $80/bbl, down to $78...Volume were below average @ 630mil shares...VIX @ 14.73 +4.99%...US After Hours : ELNK +12.3%, ININ +9%, NLS +7.8%, BRDR -22.5%, SALE -20.9%, HLF -12.7% following earnings/guid...BABA is reporting numbers before the open today...Japan Final manufacturing PMI was revised slightly lower, PM Abe's economic advisor Hamada urged for the consumption tax increase to be delayed by 18 months. In China, PBoC once again maintained the offering yield on its 14-day repo operations. Hong Kong's CY Leung said he would for the central govt support for Shanghai-Hong Kong stock connect trading....Nikkei +2.73%...Hang Seng-0.07%...Shanghai +0.02%
Eur$ 1.2517 S&P -0.15% EuroStoxx -0.13% FTSE -0.04% DAX -0.07% SMI+0.07%
Macro
- Saudis Cut Crude Prices to U.S. in December Amid Shale Boom--> Oil extends Slides down to $78
- China Said to Plan $16.3b Fund for Foreign Infrastructure Links
- EU Says U.K. Faces Rising Penalties Over Surcharge Non-Payment
- Draghi Says Scope for ECB Purchases of ABS Is 'Rather Large'
Keep an eye on :
- AIR FP : French Government Report Recommends Air France Tax Cut: Echos
- AMAG AV : AMAG Raises FY Ebitda Forecast, Says Market Conditions Improved
- ARCAD NA : Arcadis to Sell Up to 7.55m New Shares in Bookbuild
- BMW GY : BMW 3Q Profit Beats Est.; Reiterates 2014 Outlook
- BOSS GY : Hugo Boss Adjusts 2014 Outlook, Says Eco. Conditions Challenging
- BPOST BB : Bpost 3Q Ebitda Beats Some Ests. as Mail Volume Trend Improves
- CARLB DC : Russia ‘Deeply Frustrating’ to Carlsberg, CEO Tells Berlingske
- CON GY : Continental 3Q Ebit Falls Y/y; 2014 Targets Confirmed
- DSM NA : DSM 3Q Ebitda Cont. Operations Ex-Items In Line With Estimates
- FER SM : Macquarie, Ferrovial Won’t Bid for Toulouse Airport: Figaro
- FME GY : Fresenius SE 3Q Sales, Net Beat Ests.; Keeps 2014 OutlookFresenius Medical Care Says On Track to Achieve Full-Yr GuidanceFresenius SE Now Sees Flat Organic Vamed Sales for 2014
- JNPR US : Elliott Mgmt Says Juniper Undervalued, Hess Priced at Discount
- NHH SM : Nh Hotel Group 9m Loss EU31.2m
- ONTEX BB : Ontex 3Q Adj. Ebitda EU49.0 Mln vs EU45.1 Mln
- OR FP : L’Oreal 3Q Rev. Misses Ests., Sees 4Q LFL Sales Improving, CEO Sees 2014 as Weakest Yr for Market Since 2008-2009, Comapny has ressources for more acquisitions.
- ORI SS : Oriflame 3Q Op. Profit, Sales Beat Ests.
- PFV GY : Pfeiffer Vacuum 3Q Net Falls 26%; CFO to Leave
- REC NO : Rec Silicon 3Q Revs $126.5m vs $118.6m y/y; Expands Moses Lake
- SAN FP : NEJM publishes Phase III study of dengue vaccine has met its primary objective; aims to file registration in several endemic countries in 2015
- SHP LN : Elliott Management May Assert Claims Against AbbVie: 3Q Letter
- SDA1V FH : Sponda 3Q Rev. Beats, Income Falls; Narrows 2014 Guidance Range
- ZO1 GY : Zooplus Raises 2014 Total Sales, Pretax Outlook