Dow-0.27% S&P-0.22% Nasdaq-0.19% Russell-0.23% VIX 13
US Market close lower for a 3rd day in a row. Technology weighted on market, AAPL -3.2%, S&P 500 marked a session low during afternoon action after Atlanta Fed President and FOMC voting member Dennis Lockhart said that, barring significant deterioration in economic data, the economy will be ready for a rate hike in September, but market recovered quickly. energy sector (-0.5%) struggled even as crude oil rose 1.1% to $45.76/bbl. Similarly, telecom services (-0.5%) and utilities (-1.7%). Volume were in line with average at 790mil shares...US After Hours RATE +29.3%, Z +14.2%, ECOM +13.4%, FSLR +7%, ETSY -13.7%, DIS -5.9% following earnings/guidance...ARRY +7.4% on positive comments from Jim Cramer...SYT +2.2% after CNBC comments on negociations, Reuters denied any talks after...OHGI, DRAM, ROIC, AEL, MPW, PCG, RSPP..lower on announce of secondaries...Asian markets are trading mixed as heavy tone from late US session carries over into regional indices. Hawkish comments from a typically moderate FOMC voter Lockhart suggesting it may be appropriate to start tightening next month weighed on stocks and metals, while sending the greenback sharply higher. USD/JPY and EUR/USD consolidated USD gains around 124.40 and 1.0870 respectively...Shanghai Composite is the worst performer, falling well over 2% and at its lows going into its midday break...IMF has postponed its decision on SDR basket inclusion until Oct 2016 on concerns about Yuan as a potential reserve currency. IMF official said a "key focus of the review will be the determination on whether the RMB is a freely usable currency. July services PMI were also mixed, with multi-month highs in China Caixin print, ongoing contraction in Hong Kong, and a retreat in Japan. China PMI was underscored by "acceleration of new orders, stronger underlying client demand and new customer wins led to increased new work at service providers.". Japan's PMI remained in expansion but fell to a 4-month low amid "marginal" rate of job creation.
Nikkei +0.67% Hang Seng +0.17% Shanghai -2.10%
Eur$ 1.0871 JPY 124.33 GBP 1.5544 EURCHF 1.0633 RUB $63.1248 WTI $46.09 (+0.77%)
S&P +0.14% EuroStoxx+0.28% Dax+0.27% SMI+0.48%
Macro :
- Nikkei Japan July Composite PMI Unchanged at 51.5 From June
- IMF Says More Work Needed on Yuan Reserve-Currency Decision
- Soros Hands Top Money Man Bessent $2 Billion to Start Firm (1)
Keep an eye on :
- AIR FP : Airbus Backs Plan for ANA to Invest in Skymark, Nikkei Says
- BMW GY : BMW Supervisory Board to Vote on Adding 3 New Electric Cars: HB
- CRG IM : Banca Carige 1H EU16.7m vs Loss EU45.5m Y/y
- ELG GY : Elmos Semiconductor 2Q Rev. Rises 5%; Ebit Down 19%; Keeps Goals
- ZIL2 GY : ElringKlinger 2Q Organic Growth 4.5%, Order Backlog Reaches High
- FER SM : Ferrovial Says Portman Sells Stake in Company to Its Partners
- GBB FP : Bourbon 2Q Revenue EU345.1m Rises 7% vs Year Ago
- KU2 GY : Kuka 2Q Revenue Above Estimates, Raises 2015 Sales Forecast
- LUPE SS : Lundin Petroleum 2Q Sales Miss Est., Cuts Production Guidance
- MB IM : Mediobanca Fiscal 4Q Net Income EU124.2m, Est. EU131.5m
- MB IM : Mediobanca Agrees to Buy 51% of Cairn Capital From RBS: FT
- MSK IM : Moleskine Sees 2015 Rev., Ebitda at High End of Guidance
- NN NA : NN Group 2Q Operating Result Ongoing Business Up 90% to EU488m
- SFL IM : Safilo 2Q Sales In Line With Ests., Ebitda Misses
- SHP LN : Shire CEO Ornskov: Nothing Preemptive About Offer for Baxalta
- SHP LN : Baxalta Sees Shire Combo as Disruptive, Lacking Synergies
- GLE FP : SocGen 2Q Net Income Beats Estimates; CET1 Ratio 10.4%, Oudea Says ‘Very Positive’ on Investment Bank Outlook
- SYNN VX : Monsanto, Syngenta Not Holding Any Deal Negotiations: Reuters --> Link : http://reut.rs/1IoMGc6
- TIT IM : Telecom Italia Said to Weigh Revamp to Avoid $4.4 Billion Costs
- TIT IM : Telecom Italia to Announce Mediaset Content Deal Today: Sole
- VOE AV : Voestalpine 1Q Adj. Ebit Rises to EU237m on Europe, U.S.