>>> Up
* Bellway Raised to Buy at Redburn; PT 3,100 pence
* Credit Agricole Raised to Market Perform at KBW; PT 15.50 euros
* Credit Agricole Raised to Market Perform at KBW; PT 15.50 euros
* Crest Nicholson Raised to Buy at Redburn; PT 269 pence
* DocMorris AG Raised to Buy at Berenberg; PT 100 Swiss francs
* Experian Raised to Outperform at BNPP Exane; PT 3,800 pence
* Maersk Raised to Buy at Jefferies; PT 16,500 kroner
* Marks & Spencer PT Raised to 310 pence at Jefferies
* Microsoft PT Raised to $450 from $400 at Jefferies
* Redcare Pharmacy NV Raised to Buy at Berenberg; PT 190 euros
>>> Down
>>> Down
* Cytokinetics Cut to Equal-Weight at Morgan Stanley; PT $90
* Deutsche Bank Cut to Underperform at KBW; PT 12.50 euros
* Deutsche Bank Cut to Underperform at KBW; PT 12.50 euros
* IBM Cut to Sell at SocGen; PT $143
* Next Cut to Hold at HSBC; PT 8,840 pence
* Prosegur Cut to Neutral at BNPP Exane; PT 1.80 euros
* Redrow Cut to Neutral at Redburn; PT 685 pence
* Robert Walters Cut to Neutral at BNPP Exane; PT 500 pence
>>> Initiation
* Ariston Rated New Overweight at Barclays; PT 9 euros
>>> Initiation
* Ariston Rated New Overweight at Barclays; PT 9 euros
* BioNTech ADRs Rated New Market Perform at Oppenheimer
* Signify Rated New Underweight at Barclays; PT 31 euros
* Syensqo Rated New Overweight at JPMorgan; PT 148 euros
>>> Call
>>> Call
* Airbus Deliveries De-Risk Expectations for 2024: Morgan Stanley (+)
* Ariston and Nibe Rated Overweight by Barclays in Heat-Pump Picks (+)
* Citi Strategists See 2024 Global Stocks Gains Amid Easy Policy
* CITI STRATEGISTS UPGRADE GLOBAL FINANCIALS STOCKS TO OVERWEIGHT
* CITI STRATEGISTS UPGRADE GLOBAL FINANCIALS STOCKS TO OVERWEIGHT
* Maersk Gets Another Upgrade as Jefferies Flags Shift in Outlook (+)
* Mondi Set For Consolidation Period, Cut to Hold at Jefferies
* Signify Gets Only Sell Rating as Barclays Cautious on Outlook
- BAE (BSP TH) +3.2%
- NIBE Industrier (NJB TH) +1.5%
- Ariston and Nibe Rated Overweight by Barclays in Heat-Pump Picks
- HSBC (HBC1 TH) +0.9%
- Rio Tinto (RIO1 TH) -1.1%
- Iron Ore Heads for First Weekly Loss in Three on Softer Demand
- Deutsche Post AG (DHL TH) -1.1%
- Siemens Energy (ENR TH) -1.2%
- Adyen (1N8 TH) -1.2%
- Aixtron (AIXA TH) -1.4%
- Vestas (VWSB TH) -1.5%
- Siemens (SIE TH) -1.6%
- Andritz (AZ2 TH) -1.6%
- Volvo (VOL1 TH) -1.6%
- Deutsche Bank (DBK TH) -2.3%
DAX:
- Infineon (IFX TH) -1.1%
- Daimler Truck (DTG TH) -1.2%
- Siemens Energy (ENR TH) -1.2%
- Siemens (SIE TH) -1.5%
- Deutsche Bank (DBK TH) -2.1%
MDAX:
- Redcare Pharmacy NV (RDC TH) +3%
- Redcare Pharmacy NV Raised to Buy at Berenberg; PT 190 euros
- Lufthansa (LHA TH) -1.1%
SDAX:
- Duerr (DUE TH) +0.9%
Shares in Asia were mixed Friday after selling pressure weakened US stocks and bonds as robust signals from the labor market weighed on expectations for interest-rate cuts. Shares in Japan rose, helped along by yen weakness, with China’s CSI 300 Index in the green for the first time this week. Equities in South Korea and Hong Kong slipped and those in Australia fluctuated. Those moves followed a fourth day of loss for the S&P 500 on Thursday while Nasdaq 100 dropped for a fifth day — its worst showing since December 2022. The declines pushed a gauge of global equities down for a third day. Treasuries were little changed in Asian trading after the 10-year benchmark yield hit 4% Thursday as strong US private jobs data prompted investors to re-calibrate Federal Reserve rate-cut forecasts. The selloff can extend further, according to James Wilson, a senior portfolio manager at Jamieson Coote Bonds Pty, if Friday’s nonfarm payrolls data underscores concerns that markets overpriced expectations for Fed’s easing. The 10-year benchmark rate has added about 12 basis points since the start of the year. One large options trade, that expires Friday after the employment figures are released, targets a yield of as high as 4.15%. Swaps traders now see around a 65% chance the Fed will cut rates by the Fed’s March meeting, down from around 85% a week ago. Friday’s key US jobs data for December may offer more clarity on the path forward for interest rates. The report is expected to show US employers added 175,000 jobs last month, with the so-called whisper number calling for an increase of 185,000 positions. The yen slightly weakened after lodging its second decline of almost 1% against the greenback on Thursday, pushing the Japanese currency closer toward 145 per dollar. The move followed speculation the Bank of Japan will find it harder to dissolve negative interest rate policy following an earthquake earlier this week. One measure shows, Chinese stocks have reached a level that historically leads to spectacular returns. Oil edged higher, cementing a weekly gain, as simmering tensions in the Middle East and North Africa eclipsed signs of weakening US demand. Traders will also closely watch euro-zone inflation and producer prices data to be released later Friday, which will help shape expectations for European Central Bank policy. US After Hours COST +1.1% higher on December comps; MPW -15% falls as it provides update on Steward Health; FC -3.5%, KRUS -2.1% lower on earnings.
Nikkei +0.27% Hang Seng -0.92% CSI -0.76% Shanghai -1.05% Shenzen -1.55%
Eur$ 1.0935 CNH 7.1738 CNY 7.1652 JPY 144.69 GBP 1.2677 CHF 0.8507 RUB 91.3159 TRY 29.8444 WTI$ 72.74 +0.76% Gold 2,045 BTC 43,656 -1.90% ETH 2,248 -1.22%
S&P -0.09% Nasdaq -0.20% EuroStoxx -0.64% FTSE -0.61% Dax -0.64% SMI -0.37%
Macro :
- Citi Strategists See 2024 Global Stocks Gains Amid Easy Policy
- CITI STRATEGISTS UPGRADE GLOBAL FINANCIALS STOCKS TO OVERWEIGHT
- CITI STRATEGISTS UPGRADE GLOBAL FINANCIALS STOCKS TO OVERWEIGHT
- Bond Equilibrium Is a Myth That Won’t Last: Markets Live 2024
- Chinese Stock Indicator With 100% Success Rate Is Flashing Buy
Keep an eye on :
Keep an eye on :
- ACKB BB : Ackermans Leads $60M Vico Therapeutics Series B Financing Round
- AMT US : American Tower Agrees to Sell India Operations to Brookfield
- AMUN FP : Alger to Buy Redwood in M&A Ramp-Up for $22 Billion Fund Manager
- ANTO LN : Buenaventura Sees Antofagasta as an Ally as Board Seat Beckons
- ARGX BB : Biotech boss tells Europe to invest if it wants a homegrown sector
- BAYN GY : Recursion Eyes Best Day Since July After License Pact With Bayer
- BFG SS : Macquarie, Stirling Square, TA Offer to Buy Byggfakta
- DNB NO : Lender DNB Starts Selling Swedish Landlord Assets After Seizure
- EDP PL : EDP to Sell 80% Stake in a Portfolio of Solar Projects in the US
- EMG LN : Alger to Buy Redwood in M&A Ramp-Up for $22 Billion Fund Manager
- ENEL IM : Sosteneo, InfraVia, DIF May Bid for Stake in Enel Storage: MF
- NOVOB DC : WW Sinks as Lilly Launches Weight-Loss Drug Service: Street Wrap
- NOVOB DC : WW Sinks as Lilly Launches Weight-Loss Drug Service: Street Wrap
- GLE FP : SocGen 20% Dividend Cut Flags Capital, Revenue Risks: BI Focus
- SW FP : Sodexo 1Q Revenue EU6.29B Vs. EU6.10B Y/y
- VOLVB SS : Volvo Gets EU420m Loan From EIB for EV Platform
>>> Up
* Bellway Raised to Buy at Redburn; PT 3,100 pence
* Credit Agricole Raised to Market Perform at KBW; PT 15.50 euros
* Credit Agricole Raised to Market Perform at KBW; PT 15.50 euros
* Crest Nicholson Raised to Buy at Redburn; PT 269 pence
* DocMorris AG Raised to Buy at Berenberg; PT 100 Swiss francs
* Experian Raised to Outperform at BNPP Exane; PT 3,800 pence
* Maersk Raised to Buy at Jefferies; PT 16,500 kroner
* Marks & Spencer PT Raised to 310 pence at Jefferies
* Microsoft PT Raised to $450 from $400 at Jefferies
* Redcare Pharmacy NV Raised to Buy at Berenberg; PT 190 euros
>>> Down
>>> Down
* Cytokinetics Cut to Equal-Weight at Morgan Stanley; PT $90
* Deutsche Bank Cut to Underperform at KBW; PT 12.50 euros
* Deutsche Bank Cut to Underperform at KBW; PT 12.50 euros
* IBM Cut to Sell at SocGen; PT $143
* Next Cut to Hold at HSBC; PT 8,840 pence
* Prosegur Cut to Neutral at BNPP Exane; PT 1.80 euros
* Redrow Cut to Neutral at Redburn; PT 685 pence
* Robert Walters Cut to Neutral at BNPP Exane; PT 500 pence
>>> Initiation
* Ariston Rated New Overweight at Barclays; PT 9 euros
>>> Initiation
* Ariston Rated New Overweight at Barclays; PT 9 euros
* BioNTech ADRs Rated New Market Perform at Oppenheimer
* Signify Rated New Underweight at Barclays; PT 31 euros
* Syensqo Rated New Overweight at JPMorgan; PT 148 euros
>>> Call
>>> Call
* Citi Strategists See 2024 Global Stocks Gains Amid Easy Policy
* CITI STRATEGISTS UPGRADE GLOBAL FINANCIALS STOCKS TO OVERWEIGHT
* CITI STRATEGISTS UPGRADE GLOBAL FINANCIALS STOCKS TO OVERWEIGHT
* Mondi Set For Consolidation Period, Cut to Hold at Jefferies
* Signify Gets Only Sell Rating as Barclays Cautious on Outlook
Biden administration officials are drawing up plans for the US to respond to a potentially wider, protracted regional conflict in Middle East; Reports on internal conversations about scenarios that could potentially draw the US into another Middle East war - Politico
- US military is drafting plans to hit back at Iran-backed Houthi militants who have been attacking commercial shipping in the Red Sea
- US officials say have not seen any sign that Iranian-backed groups have begun to decrease their targeting and worry the violence will only surge in the coming days