Dow+1.85% S&P+1.87% Nasdaq+1.56% Russell+2.46% VIX 19.28 (-7.83%)
US Market closed higher, today rally is still fueled by the belief that FED won't raise rate in October. global investors showing hope for more monetary stimulus, the spotlight will be on the Bank of Japan considering the central bank will begin a two-day policy meeting on Today. Biotech had another volatile session to close in the red (-0.7%). Financials were strong ahead of broader market...Industrial was up 2.8% helped by GE. AAPL lagged the mkt after Digitimes reported that new iPhones sales in Japan where not as strong as schedule. Volume were well above average with more than a billion shares traded...US After Hours DD +5.6%, SIMO +3.7%, ILMN -14.4%, HAE -12.2%, TCS -10.1%, RDWR -7.8%, GB -0.8% following earnings/guidance,STRZA +10.1% (LA Times reporting co and Lions Gate Entertainment (LGF) are in advanced merger talks; LGF +7.2%)...Safe-haven JPY was notably lower helping Nikkei225 outperform, with USD/JPY pair testing above 120.50..ASian still waiting fo BoJ and sign of more easing...China's Shanghai Composite market remained closed for holiday, but the Hang Seng has eked out slight gains. Hong Kong Sept PMI remained in contraction for the 7th straight month, though not as soft as the 3-year low reported last month. Markit economist noted the global economic slowdown continued to weigh on the performance of Hong Kong's private sector, adding that particularly concerning was the " steepest fall in new business from Mainland China since the global financial crisis, partly driven by the recent devaluation of the yuan." Markit expects Hong Kong PMI weakness to extend into Q4 unless new orders improve.
Nikkei +0.95% Hang Seng +0.03% Shanghai closed
Eur$1.1182 CNY 6.3561 JPY 120.33 GBP 1.5162 EURCHF 1.0913 BRL 3.9114 RUB$64.5688 WTI $46.34 (+0.17%)
S&P -0.39$ EuroStoxx +0.28% Dax +0.18% SMI +0.19%
Macro :
- Fortress Says Bear Market for Emerging Economies to Rival 1997
- Brynjolfsson’s Armored Wolf to Shutter, Become Family Office
- Nikkei India Sept. Composite PMI 51.5 vs 52.6 in Aug.
- Russia to Create RU500b Anti-Crisis Funds in 2016: Vedomosti
Keep an eye on :
- A2A IM : Reportedly allows Linea Group Holding (LGH) an additional day to decide on the potential deal
- AF FP : Air France CEO Says Company Will Sue Over Violence at Protest
- AIR FP : What’s a Used A380 Superjumbo Worth? Airbus Is Set to Find Out
- BET LN : Betfair Investors Selling 7.35m Shrs in Bookbuilding
- EN FP : Bouygues Telecom Sets Long-Term Ebitda Margin Target of 35%
- BMSA GY : Braas Monier Shrs Sold for EU22.75/Shr in Placement
- BP/ LN : *BP PLC OUTLOOK TO NEGATIVE FROM STABLE BY S&P
- BVI FP : Bureau Veritas Goal Is to Return to 8-10% Growth From 2018
- EKT SM : Euskaltel to Buy 100% of R Cable for EU1.19 Billion
- HHFA GY : Hamburger Hafen Cuts 2015 Forecast on Declining Container Volume
- ITV LN : ITV Will Continue to Search for Acquistion Targets, CEO Says
- SDF GY : Potash Walking Away From K+S Bid May Be Negative for AGU: Salman
- KORI FP : Covea Finance to Sell 4.71 Percent Stake in Korian: Terms
- REP SM : *REPSOL OUTLOOK TO NEGATIVE FROM STABLE BY S&P
- ROG VX : Roche Cotellic/Zelboraf Has Positive Overall Survival (Earlier)
- RDSA NA : Royal Dutch Shell still plans eventual exit from Woodside Petroleum investment
- SAB LN : SABMiller Said to Consider Fighting Potential AB InBev Bid: NYP
- SHF GY :
- SGO FP : Saint-Gobain Cancels 9 Million Shares
- TIT IM : France’s Vivendi Raises Stake in Telecom Italia to 19.9%
- TLSN SS : TeliaSonera Says Has No Indication on Potential U.S. Fines
- TLW LN : S&P cuts rating one notch to B+ from BB-; outlook negative
- DG FP : Qatar Selling 1.1% of Vinci in Private Placement
- VOW3 GY : VW Said to Consider Diesel Fixes Ranging From Upgrade to New Car
- VOW3 GY : Eight Million VW Diesels Affected in EU, Handelsblatt Says
- VOW3 GY : Volkswagen’s Car Sales in S.Korea Fall 7.8% M/m in Sept.: Yonhap & Volkswagen Brand Japan Sales Fall Further Behind Mercedes-Benz