Down+0.73% S&P+0.72% Nasdaq+0.90% Russell+1.57 Ibovespa+2.46% VIX 18.40(-5.10%)
US Market closed higher, bit stay below its 50D MA (1997). commodity-sensitive energy (+1.3%) and materials (+1.3%) paced the opening move higher, but both sectors surrendered a portion of their gains as the session wore on. The energy sector was up nearly 2.5% at the start, but retreated from its high as crude oil erased its intraday gain. The energy component settled lower by 1.5% at $47.81/bbl after sliding from its intraday high in reaction to the latest Energy Information Administration's inventory report, which showed a 3.07 million barrel build. IBB +2% helped sentiment. Volume were above average 21.15bil shares. US After Hours MG +15.9%, EDUC +9.0%, ZUMZ +3.8%, RELL +5.2%, CSII -19.7%, DB -6.9%, EXFO -1.0% following earnings/guidance, NVLS +16.2% (announced positive Phase 1b results for N91115, LL +10.9% (reached a settlement with the DOJ relate, JMG +8.4% (WSJ reporting Gannett (GCI) is close to acquiring the company for ~$300 mln), EMC: Dell said to be in talks to acquire all or parts of EMC +7.9% ORIG -12.6% (co announced an update on its fleet, DB -6.9% (co said it will recommend reduction or possible elimination of dividend following weak Q3...Asian indices are mixed in spite of the return of buyers in US markets, with technical ceiling of 2,000 in cash S&P. Shanghai Composite is back from a week-long break, rising nearly 4% on strength in property names. Recall mainland markets did not have a chance to respond to the latest PMI and property curbs easing data out of Beijing.Japan Machine Orders data are widely viewed as the "canary in the coalmine", containing evidence of spending intentions by Japanese companies. Today's figures showed unexpected 3rd straight month of sequential decline, leading the cabinet office to downgrade its assessment of the sector to "stalling"
Nikkei -0.89% Hang Seng -0.90% Shanghai +3.42%
Eur$ 1.1257 CNY 6.3513 JPY 119.82 EURCHF 1.0943 GBP 1.5315 BRL 3.8862 RUB$ 62.80 WTI $47.92 (+0.23%)
S&P -0.64% EuroStoxx +0.10% Dax -0.05% SMI +0.2%
Macro :
- German Exports Slump Most Since 2009 Recession in Sign of Risks
- Deutsche Bank Braces for $7 Billion Loss, May Scrap Dividend
- Man Who Called China’s Boom and Bust Says Use This Rally to Sell
- Hillary Clinton to Propose High-Frequency Trading Tax, Volcker Rule Changes
- Morgan Stanley Bond Team Faces the Question: Can Fed Avoid QE4?
Keep an eye on :
- AIR FP : Bombardier Still Open to C Series Deal With Airbus: Globe & Mail
- AF FP : Air France-KLM Sept. Passengers At 8.3M, Up 21%
- BT/ LN : Vodafone to Call for Breakup of BT: FT
- DBK GY : Deutsche Bank Sees 3Q Impairment of About EU5.8b --> -7% in after hours in the US, -9% in Europe
- DGE LN : Diageo focuses operations with £515m assets sale to Heineken - FT
- DGE LN : Diageo Being Pressed to Sell Guinness or Beer Business: NY Post
- EDCL LI : Eurasia Drilling Says Got M&A Proposal From Some Mgmt, Holders
- GXI GY : Gerresheimer 3Q Rev., Adj. Ebitda in Line; Keeps Forecast
- OHL SM : OHL Makes Offer to Buy Back 2020, 2022, 2023 Bonds
- SAN FP : Sanofi Says Company in Talks With Unions on 12 Sites in France
- SGO FP : Saint-Gobain to Sell Gallhoefer Dach Unit in Germany; No Terms
- SHP GY : Schaeffler Said to Narrow IPO Price Range to EU12.50-EU13
- SZU GY : Suedzucker 2Q Revenue Little Changed, Maintains Guidance
- TLW LN : Tullow Reaches Onal License Agreement With Gabon Govt.
- VOLVB SS : Volvo Cars Would Accept Autonomous Car Liability, CEO Says