>>> What to look at today :

US Market closed on lows as still no clear solution announced, Fitch put US AAA Rating on Watch negative...on Earnings INTC -2.1% & YHOO +0.8% After hours..VIX 18.66 (+16%)...Brazil +1.50%...S&P Fut +0.4% this morning on n ews of US House Panel also announced it would "postpone" the action on the recent House Republican bill to raise the debt ceiling and fund the government. Asia trading lower with Nikkei -0.03%, HS -0.43%...Shangahi -1.4%...with market tracking Washington headlines...European earnings BN WArned, MC disap., ASML Looks better after INTC worst yest, PUB Better..Eurppean Auto : EU27 September Car Registrations Rise 5.4% Y/y to 1.159m Units, biggest gain in 2y

Eur$ 1.3512 European Fut. Indicated 15bps lower

Keep an eye on : - ASML NA : ASML Sees 4Q Gross Margin Above Ests., Says EUV on Track - BN FP : Danone 3Q LFL Sales Growth Misses Ests., Lowers 2013 Forecast - DUFN VX : Dufry, World Duty Free Merger Would Create Value, UBS Says - EZJ LN : Easyjet Experienced `Significant Problems' With Reservations - GEM IM : Meddiobanca sold 1.3% satke and cut interest to aprox 10% - GLE FP : Nomura prefer GLE over Unicredit (ROE by 2015 for GLE by 2018 for UC Div Yield) - MC FP : LVMH Growth Misses Estimates as Fashion and Leather Goods Slow - MELE BB : Melexis 3Q Sales Rise 11% to EU71.3m; Sees 4Q Rev. ~ Same Level - NK FP : Natixis to Cut 700 French Jobs by 2015, Les Echos Says - NOVN VX : Novartis Gets FDA Orphan Designation for Esophagitis Treatment - PUB FP : Publicis Keeps Full Year Forecast; Omnicom Merger Going to Plan - RHK GY : Braun Melsungen Boosts Stake in Rhoen Klinikum to 10.98% of Shrs - SAN FP : Sanofi, Regeneron Drug Alirocumab Meets Main Goal in Trial - SKFB SS : SKF Continues to Be One of 2013 Top Sell Ideas, Citi Says - TIT IM : Telecom Italia's Short Interest Surges Amid Strategy Limbo (SI 6.1%) - UL FP : Unibail Retail Centers Are Outperforming Market, CEO Tells Echos - VALN SW : Names Michael Mueller as the new CEO; confirms 2013 op profit forecast of CHF75m