The first quarter of 2015 came to an end this week, with Europe and Asia equities up big, while the S&P500 underperformed and the DJIA posted a losing quarter for the first time in two years. There were some green shoots in European and Chinese data. China's March PMI data showed manufacturing returned to expansion after two months of contraction, while Euro Zone manufacturing registered its 21st straight month of growth. But Friday's US payrolls data disappointed, posting the worst gain in over a year, and sending treasury yields and the dollar lower. The Iran talks were extended past the Tuesday deadline, allowing negotiators to arrive at a preliminary agreement that hopes to curtail Tehran's nuclear ambitions. For the week, the DJIA rose 0.3%, the S&P500 gained 0.3% and the Nasdaq slipped 0.1%.
Macro :
- Greece Has Cash to Make IMF Payment Next Week, Minister Says
- Italy Won’t Increase VAT in 2016, Renzi Tells Il Messaggero
Keep an eye on :
- A2A IM : A2A May Be Aggregator With CDP Entering Capital, Corriere Says
- AFR LN : Afren to Name Alan Linn as New CEO: Sunday Times
- AIR FP : New govt of Sri Lanka said to have launched a criminal investigation of $2.3B purchase of 10 aircraft by the former govt
- AIR FP : India May Agree to Jointly Build Helicopters With Airbus: JD
- ATST LN : Alliance Trust former chairman weighs in against activist Elliott Advisors - Sunday Telegraph
- BAYN GY : Bayer’s CEO Injects a Dose of U.S. Risk-Taking - WSJ
- CAP FP : Capgemini CEO Sees Growth at 5% to 7% in Three Years: Investir
- EDF FP : Areva, Edf Will Soon Make Proposals to Government, Royal Says
- ENI IM : Eni Not Planning Acquisitions, CEO Descalzi Tells Corriere
- GATE SW : Gategroup Compromises With Hedge Funds on Board Candidates
- GSZ FP : Belgian Nuclear Plant Profit Estimate Drops for 2014, Echo Says
- GLEN LN : Still interested in Rio, Glencore barred of biding till next week according to FT artcile
- HEI GY : Holcim was interested in HeidelbergCement before Lafarge clipboard - RTR
- LG FP : Lafarge-Holcim Urged to Pick Chief Able to Unify Factions: FT
- CFR VX : Net-a-Porter Executives, Investors Seek to Sell Stakes: Reuters
- TATE LN : Ajinomoto Considering Bid for Tate & Lyle’s Splenda: Telegraph