Dow+1.82% S&P+1.63% Nasdaq+2.46% Russell+1.48% VIX 26.09 (-16.91%)
US MArket closed higher, after testing the 1,900 suoport yest., market didn't managed to break the 1.50 resistance ahead of tomorrow emplyment report. Chinese market is closed for 2 days for victyory day, this can also helped US to perform. Technology continiue to lead the move with all big gap up between 2.3% and 4.3%...financials continue to trade below market. Crude continue to be very volatile, ending the pit session higher by 1.9% at $46.25/bbl after testing the $43.22/bbl area. WTI crude slumped to lows after the latest inventory report showed a larger than expected build while news that Senate has enough votes to back the Iran nuclear deal also contributed to the brief weakness in oil. Volume were below average. US After Hours SEAC +4.5%, OOMA +2.2%, FIVE -9.5%, VRNT -6.4% following earnings/guidance...GERN+20% on +ve article on drug, LCI +18% to acquire Kremers Urban Pharmaceuticals for $1.23 bln; expects the deal to be accretive to adjusted EPS in FY16 in the mid-high single digits and 20-25% in FY17...Asian Market less voaltile on Chinese holidays for commemoration of WWII...Markets are waiting for ECB update & NFP...US financial press report citing sources close to the IMF suggested the FX reform by the PBoC could make the IMF more inclined to include it in the SDR basket. Recall on Aug 19th, IMF board announced it would extend SDR rights basket through Sept of 2016, deferring on the decision for including Yuan until the end of this year. Also of note on the IMF, its report to G20 warned that China slowdown could be larger than expected and is among primary risks to global growth outlook. IMF also called for a "mutual" (coordinated) policy action to raise growth and mitigate risks, specifically asking for assistance from surplus economies such as Germany.
Nikkei +0.69% Hang Seng & Shanghai Closed today & Tomorrow for WW2 comm.
Eur$ 1.1227 CNY 6.3559 JPY 120.45 EURCHF 1.0882 GBP 1.5294 RUB$ 66.7998 WTI $46.12 (-0.28%)
S&P +0.13% (Testing Support levels watch the 1950/1955 levels on the Cash) EuroStoxx +0.53% Dax +0.63% SMI +0.39%
Macro :
- Investors Withdraw Most From U.S. Mutual Funds Since June 2013
- Nikkei Japan Aug. Composite PMI 52.9 vs 51.5 in July
- Draghi Seen Sharpening Language as ECB Fights Fading Inflation
- Pimco Total Return Falls Below $100 Billion, a Third of Peak
- India Rate Cut Now a Question of When, Not If, For Rajan
Keep an eye on :
- ACS SM : ACS Could Claim EU300M From Spain Govt for TP Ferro: Economista
- AGL IM : Unipol Enters FTSE MIB Index, Replacing Autogrill
- AF FP : Air France Considers Entering Low-Cost Long-Haul, Les Echos Says
- ALV GY : Allianz Sees Industrial Insurances Rising, Boersen-Zeitung Says
- ALT FP : Altran 1H Net Income Rises 34%; Sees Profitable Growth for 2015
- BAS GY : For BASF, Huge Potential Liability Emerges Years After Takeover
- BKT SM : Bankinter to Buy Barclays Portugal Retail Unit for About EU100M
- CBK GY : Commerzbank Still Plans to Pay Dividend in 2016: Handelsblatt
- AM FP : France Could Sell Rafale to India, Malaysia Soon: L’Opinion
- EDF FP : Start-Up of Flamanville EPR Reactor Delayed: Le Figaro
- EVE SW : Evolva Planned Rights Offering for 62.4m New Registered Shares
- EVK GY : Institutional Investor Selling 6.99m Evonik Shares, Terms Show
- HEI GY : HeidelbergCement syndicates bridge financing for Italcementi acquisition, completes disposal of lime business in Germany
- III LN : 3I Said in Talks About Strategic Review of Mayborn Group: Sky
- ISS LN : Ontario Teachers Selling 11m ISS Shares in Bookbuild: Terms
- LHN VX : LafargeHolcim to Pay Scrip Dividend of 1 Share for 20 Held
- MGN GY : U.S.-Patent Office Grants Patent for Mologen MGN1703 Therapy
- PGIL LN : Wandle Considering Buying Rest of Polyus Gold for $2.97/Shr
- RIO LN : KKR Interested in Rio Tinto’s Hunter Valley Coal: Australian
- SYNN VX : Syngenta Plans Buyback ($2bil) , Aims to Divest Global Vegetables Seeds
- TRE SM : Two Groups Emerge as Frontrunners for Saudi Aramco Project: DJ
- TIT IM : Vivendi Has Begun Informal Talks With Telecom Italia, CEO Says
- UNI IM : Unipol Enters FTSE MIB Index, Replacing Autogrill
- VIV FP : Vivendi 2Q Sales Beat, Adj. Net Income Misses Ests.
- VIV FP : Bollore to Take Over as Head of Canal+, Les Echos Says
- VIV FP : Apple Music Is ‘Model of the Future’, Universal Music Owner Says
- VIV FP : Vivendi in exclusive talks to become minority partner in Banijay/Zodiak merged entity ( new group will be the world's third largest producer of entertainment programming)
- YOOX IM : Net-a-Porter’s Founder Massenet Said to Quit Online Retailer