Dow -0.13% S&P -0.09% Nasdaq +0.36% Russell +0.21%
US MArket closed on a flat note after a reversal in Oil and ahead of tomorrow's release of the Employment report. EIA reported that crude oil inventories declined by 2.22 million barrels (consensus: between -2.3 million and -2.6 million barrels), which fell roughly in-line with expectations. WTI crude ended its day lower by 4.6% ($45.19/bbl; -$2.18). Five sectors ended in the red with utilities (-1.8%), telecom services (-1.6%), and energy (-1.1%) rounding out the leaderboard. On the flipside, consumer discretionary (+0.4%), industrials (+0.3%), and technology (+0.3%) led the pack. would acquire the company for $56.25 per share. Volume were in line with volume with 851mil shares. US After Hours JUNO -30% on news of death of 2 patients on Cancer trial, CUDA +15.5% on earnings/guidance, GPS +4% on SSS... PSMT -5.5%, WDFC -3%, HELE -2.1% on earnings/guidance/SSS. Asian equity markets are modestly lower and sentiment is subdued with key risk events out of the US and regionally headed into the weekend. China released its June foreign reserves overnight that showed the biggest increase in 14 months to $3.21T, leading to speculation that PBoC has exited its regular currency market intervention and allowing Yuan to weaken. USD/JPY was back within 30pips of the psychological 100 handle, which was briefly breached 2 weeks ago on Brexit Leave vote panic and subsequently held unchallenged. Nintendo +9.1% on new pokemon app.Danone (WWAV 56.23, +8.80) surged 18.6% after announcing that WhiteWave Foods
Nikkei -0.59% Hang Seng -0.95% CSI -0.42% Shanghai -0.77%
Eur$ 1.1082 CNH 6.6983 CNY 6.6870 JPY 100.38 GBP 1.2942 CHF 0.9773 RUB$64.2506 WTI $45.51 +0.82%
S&P -0.16% EuroStoxx -0.32% Dax -0.41% SMI -0.32%
Macro :
- Gross: U.K. Funds Lowering NAVs to Stop Withdrawals ‘Incredible’
- ECB’s Constancio Sees Need for ‘Reflection’ on State Aid on NPLs
- China June Retail Auto Sales Rise 19.4% on Year: PCA
- U.K. Has Worst June LFL Sales in Over Decade on Brexit, BDO Says
Keep an eye on :
- AAL LN : Coronado May Bid for Anglo American Coal Assets: Australian
- AIR FP : FARNBOROUGH AIR SHOW PREVIEW: Concern Commercial Orders to Slow
- AF FP : Air France-KLM Total June Passenger Traffic Rises 1% to 8.3m
- AKE FP : Arkema Opens Bostik Plant in Helsingborg, Sweden
- BP IM : Banco Popolare: Outcome of EU-Wide Stress Test Set for July 29
- BMPS IM : Monte Paschi Says Working to Resolve Bad Loan Burden
- BMPS IM : Monte Paschi Seeks to Deal With EU10B Bad Loans in 2 Wks: Sole
- BLND LN : British Land Invests in Commercial Property Exchange IPSX: FT
- BLND LN : British Land Sells Debenhams Store on Oxford Street for GBP400m
- BN FP : JPMorgan, BNP Paribas Said to Help Fund Danone’s WhiteWave Deal
- DB1 GY : Deutsche Boerse Said to Push Frankfurt Clearing in Case for LSE
- ENEL IM : Enel Confident About Concluding Metroweb Deal: CEO to La Stampa
- ENI IM : Eni Receiving Interest for Stake in Egyptian Gas Field Zohr: FT
- HER IM : Hera Shares Said to Be Priced at EU2.35 Each in Placing
- KUD SW : Kudelski Buys Watermarking Leader Nexguard, Terms Not Disclosed
- LHN VX : Lafarge India Unit Purchase Race Narrows to Local Companies: ET
- LIN GY : Linde Unit Lincare Says Allegations Are Vague, Without Merit
- MC FP : Fendi Says It May Review U.K. Prices If Pound Weakens Further
- NOVN VX : Novartis: FDA Approves Expansion of Age Range for Xolair
- UG FP : PSA Said to Reach Agreement With Labor Unions, AFP Reports
- PAH3 GY : *PORSCHE FAMILY BUYS 200,000 PORSCHE PREF. SHRS: HANDELSBLATT
- RCS IM : RCS Board Says Cairo’s Increased Offer Still ‘Not Fair’
- ROG VX : Roche Gets FDA Approval for Cobas HPV Test
- SIE GY : Siemens to Get Gas Turbine Order From Saudi Arabia: Tagesspiegel
- SW FP : Sodexo 9-Month Rev. In Line, Confirms FY Targets, Sodexo In Line, Catering Growth Better Than Expected: Berenberg
- UBER IPO : Lyft Adds Luxury Service to Rival UberBlack: CNBC
- UBER IPO : *UBER RAISES $1.15B FR NEW HIGH-YIELD LEVERAGED LOAN: DJ ON CNBC
- VOW3 GY : Audi to Restrict Hiring to Save Costs: Heilbronner Stimme
- VOW3 GY : Volkswagen to Pay California $86m in Added Civil Penalties