US market closed higher with small caps leazding after few trading days of underperformance...trrading volume were well below average...VIX @ 12,93 -2,64% ...today we are waiting for the ISM to be released...Fed dove Rosengren reiterates that US economy still challenged, unemployment remains high, and inflation still low; Hints that delaying the start of taper to the spring of 2014 would still have little impact on balance sheet relative to the Dec start ...PBoC out with a 3rd consecutive modest liquidity injection of CNY8B; Separately, China HSBC services PMI now in expansion for nearly 2 years. HSBC economist points to "broad-based improvement into 4Q, as greater volumes of new business translated into the second consecutive expansion of employment. Shanghai +0.3%...
Eur$ 1.3496 S&P fut +0.03% European fut +0.26%
Keep an eye on : - AMAG AV : AMAG 3Q Sales and Profit Fall on Declining Aluminum Price - AOX GY : Alstria Office 9M FFO Up 7.5%; Net Falls 26%; Confirms Targets - BEI GY : Beiersdorf Raises 2013 Sales, Ebit Forecasts - BMW GY : BMW 3Q Profit Beats, Rev. Misses; Full-Year Forecast Confirmed - DSM NA : DSM 3Q Revenue Misses Estimates, Repeats 2013 Outlook,Says Nutrition Performance Good, Repeats Units Goals - ENEL IM : Enel Sells Endesa's Assets to Enagas for EU600m, MF Reports - FME GY : Fresenius Medical 3Q Adj. Ebit $576m; Sees 2013 Net at Lower End - FRE GY : Fresenius SE 3Q Adj. Ebit Misses Est.; Confirms 2013 Forecast - HDD GY : Heidelberger Druck Narrows 2Q Loss, Ebitda Up; Confirms Outlook - HNR1 GY : Hannover Re 3Q Net EU205.5m vs EU265.5m; Confirms Profit Goal - HOLN VX : Holcim 3Q Net Above Estimates; Confirms FY Op. Profit Guidance - HSBA LN : HSBC Earnings, Optimistic Outlook Are Reassuring, Barclays Says - INGA NA : Buy ING, UBS Says Ahead of 3Q - PFV GY : Pfeiffer Vacuum 3Q Sales Fall, Orders Rise, Confirms FY Guidance - RAIVV FH : Raisio 3Q Ebit Improves in Year, Sales Decline; Keeps Forecast - SKYD GY : Sky Deutschland 3Q Ebitda Climbs 19% to EU29.2m, Beats Estimates - SY1 GY : Symrise 3Q Ebit EU76.4m, Est. EU77.4m; Forecasts Maintained - TIT IM : Telecom Italia SpA There is speculation the firm's strategy plan may involve a smaller capital raise and sale of Argentina unit - UCG IM : UniCredit Says EU650m of Tassari Debt to Convert to Equity - VLA FP : Valneva Sees Full-Year Loss At High End of EU20m-EU25m Forecast - VIV FP : Vivendi Sells 53% of Maroc Telecom to Etisalat for EU4.2B Cash