Dow +0.23% S&P +0.31% Nasdaq +0.43% Russell +0.86%
US Market closed on a higher note awaiting for BOE today & NFP tomorrow. Department of Energy reported data and with oil trading on important level, news was in focus. WTI crude ticked off the $40.00/bbl price level, finishing its day higher by 3.4% ($40.82/bbl; +$1.33). In front of the pack, the commodity-sensitive energy (+1.8%) sector led financials (+1.0%), industrials (+0.4%), and technology (+0.4%). Conversely, countercyclical utilities (-0.6%), consumer staples (-0.5%), and health care (-0.2%) rounded out the leaderboard. Volume were in line with average at 873mil shares. US After Hours SQ +15%, HLF +1.8%, RIG +1.4%, AGO +1.2% higher following earnings/guidance... TDOC -25.2%, HOS -7.9%, TRIP -7.3%, CF -4.8% on earnings/guidance. Asian equity markets are mostly positive with the exception of mainland China where prescient concerns over extreme financial system leverage are keeping investors at bay. Chinese press reports, banking regulator CBRC was said to request that banks work with high-debt companies by rolling over their loans or offering new credit after payment of principal. USD/JPY hit its lowest levels of the session below ¥101 after comments from Dep Gov Iwata echoed the BOJ's latest "glass-half-full" outlook. Specifically, Iwata forecast fiscal stimulus to play a big role in reviving economic growth.
Nikkei +0.85% Hang Seng +0.65% CSI -0.05% Shanghai -0.12%
Eur$ 1.1144 CNH 6.6418 CNY 6.6396 JPY 101.55 GBP 1.3305 CHF 0.9730 RUB 66.2381 WTI $41.11 (+0.69%)
S&P +0.03% EuroStoxx +0.80% Dax+0.81% SMI +0.58%
Macro :
- Goldman Employees to Pull About $350 Million From Och-Ziff Fund
- Gross Recommends Build America Funds, SABMiller, Gold: CNBC
Keep an eye on :
- ABI BB : AB InBev Director de Spoelberch Sells EU1.72m of Brewer’s Stock
- ADP FP : ADP Says Tariff Decision by ASI Won’t Modify Fin. Equilibrium
- ADS GY : Adidas 2Q FX-Adj. Sales Up 21%, Raises 2016 Gross Margin View
- ADS GY : Nike Golf Getting Out of Clubs, Bags and Golf Ball Businesses
- AGU US : Agrium Cuts 2016 Adj. EPS View Below Estimate
- ALV GY : Allianz Global Investors Reports 3% Flow Traders Holdings: AFM
- BAS GY : BASF Said to Plan Issue of BRL300m in Brazil Crop-backed Notes
- BEI GY : Beiersdorf grows further in challenging environmentSales and earnings increase in first half-year 2016
- BIIB US : Biogen Said to Not Have Received Any Offers, Reuters Says
- BON FP : Bonduelle FY Sales Beat Target, Helped by Growth Outside Europe
- DENERG DC : DONG Energy half-year results 2016
- DBK GY : German Family-Owned Firms Fear Bank Crisis Hurting Credit: Bild
- DGE LN : Diageo May Challenge Indian Market Regulator’s Order: E. Times
- DUE GY : Duerr 2Q Ebit, Sales Slightly Below Ests.; Orders Outlook Raised
- EOAN GY : EON Said to Face Writedowns After Uniper Split: Handelsblatt
- FRA GY : Fraport 2Q Profit Beats Est.; Sees FY Lower Frankfurt Traffic
- FUR NA : Fugro Sees Positive ’16 Cash Flow; Sells Subsea Asia Pacific Ops
- HNR1 GY : Hannover Re 2Q Net Income Misses; 2016 Outlook Reiterated
- HIK LN : Hikma Sees Lower Profit in Generics; Year Rev. View Unchanged
- KLM NA : KLM Ground Staff Not Allowed to Strike Until Aug. 11, Court Says
- KCO GY : Kloeckner Posts 2Q Profit; Sees Positive Earnings Trend
- MRK GY : Merck KGaA 2Q Rebif, Erbitux Sales Beat Estimates, Lifts FY Outlook
- EGP PL : Mota-Engil Unit Ascendi Sells Assets to Ardian for EU600m
- NKE US : Nike Golf Getting Out of Clubs, Bags and Golf Ball Businesses
- NOKIA FH : Nokia 2Q Sales Miss Ests., Raises Savings Target
- PSM GY : ProSiebenSat.1 2Q Revenue Beats; Confirms Positive FY Outlook
- RBS LN : RBS May Need EU’s Blessing for Branch Deal: Sky
- RHM GY : Rheinmetall 2Q Ebit Beats Estimate, Forecast Confirmed
- RHK GY : Rhoen-Klinikum Says 2016 Outlook Unchanged; 1H Rev. EU590.6m
- RIGN VX : Transocean Gains 3.1% After Reporting 2Q Unexpected Profit
- ROG VX : Roche Positive on PACB, Any Delay Seen as Minor: Piper Jaffray
- SIE GY : Siemens 3Q Profit Beats Estimates; 2016 EPS Outlook Raised
- SQ US : Square Gains 10% After Boosting Year Rev., Adj. Ebitda Views
- SAZ GY : Stada 1H Sales Rise; to Focus on Core Generics, Branded Products
- SAZ GY : Stada Said to Lift Restrictions on Stock Transfer: Handelsblatt
- SDA1V FH : Sponda 2Q Revenue, Profit Beat Ests.; Raises 2016 Outlook
- TEC FP : Technip to Buy Back Shares by Nov 18
- TEN IM : Tenaris 2Q Loss, Sales Miss Ests; Sees 4Q Recovery
- TGS NO : TGS 2Q Net Income Falls Less Than Est.; Declares 15c Dividend
- TSLA US : Tesla Motors on Track for 50k Deliveries in 2H, Shares Up 1.6%
- UNI IM : Unipol 1H Net Income Attributable EU160m, Combined Ratio 96.3%
- US IM : UnipolSai 1H Net Income Attributable EU269.4m; COR 96.9%, UnipolSai to Invest Up to EU100m in Atlante II
- VALE US : Vale Said Seeking Up to $10b in Iron Ore Output Sale: Reuters