Dow-0.06% S&P+0.31% Nasdaq+0.67% Russell+0.24% VIX 12.51 (-3.77%)
US Market closed up after 3 days of -ve perf. DIS pressured the Dowthta closed behinf the S&P. TWX was also down 9% after earnings. energy space (-0.8%) finished in the red, crude oil, which settled lower by 1.4% at $45.11/bbl, volume were ahead of average with 890mil shares traded...US After Hours WTW +14.4%, HDP +12.1%, HLF +7.1%, GMCR -28.8%, SQNM -25.2%, FIT -13.2% following earnings/guidance, Ackman’s Pershing Square Builds 7.5% Stake in Mondelez... Asian equity markets were mixed, similarly to the Wednesday Wall St session where strong Services PMI was overshadowed by a fairly subdued ADP jobs report. In the early going, Japan outperformed amid ongoing weakness in JPY, with USD/JPY testing multi-week highs of 125. S&P/ASX was softer as the rout in commodities continues - Crude Oil tested below $45, metals were modestly lower, and miners struggle (ABX cut its dividend 60%)...China State Researcher Zhu saw H2 GDP around 7% - in line with recent estimates - but also warned some further slowdown could materialize in 2016 amid ongoing deflation prassure and market turbulence...Asian Movers Kirin (2503)-3.8% (H1 result), Nissan (7201)+2.0% (July China sales).
Nikkei +0.68% Hang Seng -0.38% Shanghai +0.19%
Eur$ 1.0921 JPY 124.76 GBP 1.5620 EURCHF 1.0685 RUB $63.3683 WTI $45.17 (+0.04%)
S&P-0.07% EuroStoxx -0.46% Dax -0.40% SMI -0.36%
Macro :
- Fed Still Moving Toward Sept. Rate Increase: Barclays
- Switzerland July Consumer Confidence -19 vs Est. -7
- Man Who Called Top of China Stock Rally Sees Rout Worsening
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Keep an eye on :
- ADS GY : Adidas to Produce Shoes in Stores Within 2 Yrs: Handelsblatt
- ADS FY : Adidas Group Acquires All Outstanding Shares in Runtastic
- AHL1V FH : Ahlstrom 2Q Net Sales Op. Profit Grow; Raises 2015 Outlook
- BNR GY : Brenntag 2Q Oper. Ebitda EU215.4m, Est EU209.9m; Gives FY Target
- CSGN VX: CS Said Planning to Take Minority Stakes in Hedge Funds: HFMWeek
- DEXB BB : Dexia Has 2Q Profit on Swap Accounting; CET1 Ratio Rises to 15%
- DPW GY : Deutsche Post 2Q Profit Misses Est; 2015 Ebit Forecast Cut
- DTE GY : Deutsche Telekom 2Q Sales, Profit Beat Ests.; Keeps Outlook, Plans to Sell Phone Book Unit: Handelsblatt
- DUE GY : Duerr 2Q Sales 77%, EPS Up 25%, Confirms 2015 Outlook
- GBF GY : Bilfinger Said to Hire Lazard for Water Unit Sale: Reuters
- FNTN GY : Freenet 2Q Ebitda EU89.1M; Analyst Est. EU89.8m
- FUR NA : Fugro 1H Ebit Ex Items EU70.4m Beats; Sees 2H Ebit Down Y/y
- GLPG NA : Galapagos 1H Net Loss From Cont Ops EU34.2m vs Loss EU14.6m Y/y
- HAW GY : Hawesko 2Q Ebit Up 47% to 4.8m vs EU3.3m
- KD8 GY : Kabel Deutschland 1Q ARPU Rises 7.8%, Repeats FY Guidance
- KGX GY : Kion 2Q Sales, Ebit Rise 9%; Confirms 2015 Forecast
- KCO GY : Kloeckner Says 2H Recovery Won’t Offset Weaker 1H Performance
- LXS GY : Lanxess Raises 2015 Guidance After Strong 2Q
- MDG1 GY : Medigene Confirms FY 2015 Financial Forecast
- MEO GY : Metro 3Q Ebit Ex-Items Misses, Buys Classic Fine Foods for $290m
- MUV2 GY : Munich Re 2Q Net Income Rises 41%, Beats Est; Guidance Raised
- OCI NA : CF Industries, OCI Said to Near Agreement for Fertilizer Merger
- P1Z GY : Patrizia Immobilien Boosts 2015 Operating Result Forecast
- POP SM : Popular Sells Stake in Portugal Real Estate Platform: Expansion
- RNO FP : Nissan (7201)+2.0% (July China sales)
- RHM GY : Rheinmetall 1H Ebit EU79m, Sees FY Sales at Upper End of Range
- RHK GY : Rhoen-Klinikum 2Q Rev Drops 15%; Posts Profit; Sticks to Outlook
- RKET GY : Rocket Internet Plans Hello Fresh IPO This Year: Handelsblatt
- RR/ LN : Rolls-Royce’s Marine Arm Seeks Earnings Relief From Naval Deals
- RSA LN : Zurich Considers Lower Bid for RSA, 525p/Shr: Telegraph
- SFQ GY : SAF Holland 2Q Net Income Grows, Raises FY Sales, EBIT Forecast
- SBMO NA : SBM Offshore 1H Dir. Underlying Ebit Beats; Rev. Outlook Raised
- SGL GY : SGL Carbon 1H Ebitda Ex-Items +49%, Confirms 2015 Outlook
- SOI FP : Soitec Says Sale of Solar Assets to ConcenSolar Called Off
- SOP FP : Sopra Steria 1H Organic Growth 2%; Lifts 2015 Op. Margin Outlook
- SY1 GY : Symrise Confirms 2015 Outlook, Expects Demand to Remain Strong
- TEN IM : Tenaris 2Q Net $72.3m, Misses Est. $137.2m
- TIT IM : Telecom Italia, Mediaset Reach Accord on Premium Contents
- TOM2 NA : John de Mol Said to Seek Say on TomTom Future With Stake: FD
- DG FP : Vinci Signs 30-Yr, EU1.3b Contract for Canada Highway
- ZURN VX : Zurich Insurance 2Q Net Misses; GI combined ratio 98.3%