US Market Closed lower on disap. eco data & iraq developments, oil higher (+2.1% @$106.54) and weakness on consumers, weakness in Bioctech & chips pushed NAsdaq lower, Energy & utilities traded higher...Volume were still light @ 610mil shares...VIX @ 12.56 +8.28%...After Hours, Intel raised its outlook for Q2, INTC +5.5% after hours...BOJ policy statement raised its economic assessment on overseas economies to "recovering" from "started to recover", but also maintained its take on domestic economy at "recover moderately as a trend" for the 11th consecutive meeting...BOE Gov Carney made a big splash in the currency markets just after the US close, hinting that the first rate increase could come sooner than the markets are expecting. Carney also noted BOE will take proportionate measures on housing market at next week's meeting amid growing discomfort with inflation in the property sector. Cable spiked some 70pips to $1.69 on those comments and extended those gains toward $1.6960 later in Asian hours - a 1-month high...oil continue to trade higher overnight @ $107.60 on the highs and back below the $107 levels...Nikkei +0.96% HS +0.66% Shanghai +0.79%
Eur$ 1.3559 S&P Fut +0.17% EuroStoxx Fut : -0.10% FTSE Fut -0.32% Dax Fut -0.04% Ibex Fut +0.2% Mib -0.4%
Macro
- Carney Says BOE Could Raise Rates Sooner Than Markets Expect {NSN N72O736K50YZ <go>}
- United Kingdom Affirmed by Fitch; Outlook Remains Stable
- Lebanon Affirmed by Fitch Ratings at B; Outlook Negative
- BOJ Retains Plan for 60t-70t Yen Annual Rise in Monetary Base
- Equities Attract More Funds Than Bonds, Citigroup Says
- EU’s Barnier Seeks Further Study of Big-Bank Capital Standards
What to look at today :
- ALO FP : Montebourg Wants to Keep Alstom Intact, Le Parisien Says
- ALO FP : Alstom Deal Mixed for Mitsubishi Heavy, Good for Hitachi: BofAML
- ALU FP : Alcatel CEO Combes Says He’ll Stay ‘Agile’ on Alliances: Echos
- ACA FP : Credit Agricole’s LCL to Cut 1,000 Jobs, Les Echos Says
- EN FP : Bouygues Telecom CEO Roussat Confirms Some People Will Be Fired
- BC IM : Cucinelli EPS Growth Uninspiring vs Peers, Credit Suisse Says
- DAI GY : Daimler to Boost Asia Commercial Car Sales 80% by 2020: Nikkei
- DSY FP : Dassault Systemes Targets 2019 Non-IFRS EPS of EU7.00
- EOAN GY : EON, GDF Still Face Risk From Oil-Linked Gas Supplies, UBS Says
- FCC SM : Koplowitz Seeks Partner to Keep Control of FCC, Expansion Says
- GWI1 GY : Gerry Weber 2Q Ebit Beats Ests., Confirms FY Forecast
- MS IM : Mediaset moves toward selling Digital Plus stake (€350mil quoted)
- MERL LN : Blackstone, CVC Offering 100m Merlin Entertainments Shrs
- RHK GY : Rhoen-Klinikum Dividend of EU0.25/Share Adopted
- RWE GY : RWE Says 30%-40% Offshore Wind Cost Cuts Possible: Handelsblatt
- SHP LN : Shire CEO Waiting Until Price Is Right for Deals
- UCG IM : UniCredit Said to Seek Up to EU800m for 30% of FinecoBank