Save from as low as €40 per month
Change modify pause
Markets are called to open flat this morning. This is what's happening today:
• Asian Stocks Rally on Abe Victory as Yen, Gold Rise
• Hypo Alpe-Adria Seeks EU700m Capital Boost to Meet Rules
• SBAB, Svenska Handelsbanken Ratings Put on Watch Neg at S&P
• Greek Lawmakers Approve Bill to Establish New State Broadcaster
• Noyer Says ECB Forecasts Indicate Low Rates for Certain Period
• SNB’s Jordan Reiterates Commitment to Defend Franc Ceiling
• McDermott to Become Sole SAP CEO After Snabe Steps Down 2014
• BP Says Legal & General Cuts Stake to 2.99%
• Lew Says U.S. Recovery ‘Inextricably Linked’ to European Economy
• Mothercare Considers Sale of Early Learning Center Chain: Sky
• Financial Services May Create More Than 250,000 U.K. Jobs: PwC
• Carlyle Swaps U.K. Ethanol Producer for Stake in Cropenergies
• IVG Says Financing Proposal This Month ‘Overwhelmingly Likely’
• Czech Republic A1 Rating Affirmed by Moody’s; Outlook Stable
• Philips (PHIA NA) 7am, 2Q adj. EPS est.: EU0.38
• Julius Baer (BAER VX) 7am, 1H adj. EPS est.: CHF1.11
• Dialight (DIA LN) 8am, 1H adj. EPS est.: GBP0.13 (2 ests.)
• AMS (AMS SW) 5pm, 2Q GAAP EPS est.: EU0.92
• STMicro (STM IM) 2Q adj. EPS est. EU0.01
• Klepierre (LI FP) 1H adj. EPS est.: EU0.99 (1 est.)
Most Asian stocks climbed, snapping a three-day drop, and gold rose amid speculation U.S. housing data and company earnings will show the world’s largest economy
is gaining momentum. The yen advanced after Japan’s ruling party failed to win an independent majority in elections.
The MSCI Asia Pacific Index added 0.3 percent at 1:41 p.m. in Tokyo as Australia’s S&P/ASX 200 Index increased 0.6 percent. Futures on the Standard & Poor’s 500 Index gained 0.1 percent after the gauge closed at a record July 19. The yen jumped 0.7 percent against the dollar and two-year Treasury yields slid. Gold rose 1.6 percent and copper climbed 0.9 percent.
Companies from Apple Inc. to Ford Motor Co. are set to post earnings in the U.S. this week, after more than 70 percent of S&P 500 members that have reported second-quarter results topped analyst estimates, data compiled by Bloomberg show. Home sales probably climbed in June to the highest level since November 2009. Abe’s failure to win a single-party majority in upper- house elections boosted speculation he will find it harder to push through reforms.
Good day and happy trading!
You are signing up to receive news, updates, general market announcement, articles and product or service marketing. By signing up you are consenting