標題: michael kors Barchart Morning Call [打印本頁] 作者: c19id0524 時間: 2013-5-30 15:53 標題: michael kors Barchart Morning Call
Barchart Morning Call
Stocks and commodities moved higher, michael kors bags with Mar crude at a 3-week high, after German investor confidence unexpectedly jumped to a 10-month high and as Italian and Spanish borrowing costs fell, even after Moody's Investors Service downgraded the debt ratings of 6 European countries. The dollar index retreated from a 1-week high after the Feb German ZEW survey of economic sentiment surged +27.0 to 5.4, stronger than expectations of +9.6 to -12.0. Stocks had earlier declined after Moody's Investors Service Downgraded Spain's debt rating to A3 from A1, Italy to A3 from A2 and Portugal to Ba3 from Ba2, all with negative outlooks. of their top Aaa ratings, citing Europe's debt crisis. Stock News March S this morning are trading up +1.90 points. The US stock market on Monday settled higher on reduced European sovereign debt concerns after Greece approved austerity measures needed to secure bailout funds: Dow Jones +0.57%, S 500 +0.68%, Nasdaq Composite +0.95%. The Nasdaq posted a fresh 11-year high. T-note prices on Monday settled lower but well off of their worst levels on concern that Greek approval of austerity steps taken to receive its second bailout will be insufficient in ending the country's debt crisis: TYH2 -8.5, FVH2 -5.7, EDM2 -1.5. Bearish factors Monday included (1) reduced safe-haven demand for Treasuries after global stocks rallied when Greece's parliament approved austerity measures needed to ensure that it receives a second bailout package to keep it from default and (2) reduced concerns of a European liquidity crisis, which also dented safe-haven demand for Treasuries, after the Euribor-OIS spread, the difference between the euro interbank offered rate and overnight indexed swaps and a measure of European banks' reluctance to lend, dropped to 71 bp, the lowest in 4 months. The dollar index on Monday settled lower but well off its worst levels on concern that Greek approval of austerity measures will still be insufficient to keep it from default: Dollar Index -0.168, USDJPY -0.062, EURUSD -0.00111. Bearish factors included (1) reduced safe-haven demand for the dollar after global stock markets rallied when Greece's parliament approved austerity measures needed to ensure that it receives a second bailout package to keep it from default, (2) the statement from EU Economic and Monetary Affairs toms shoes outlet Commissioner Rehn that he's "confident" that Greece has done enough to ensure it receives the bailout, and (3) lv bags the decline in Italian borrowing costs to their lowest in 8 months after Italy sold Treasury bills at the maximum target of 12 billion euros, which is euro supportive. Crude oil and gasoline prices Monday moved higher after the Greek parliament approved an austerity plan to receive financial michael kors aid, which reduced European debt concerns, and also after shippers said they will stop loading crude cargoes from Iran, which may limit global crude supplies: CLH12 +$2.24, RBH +3.76. Mar crude posted a 1-1/2 week high and Mar gasoline climbed to a 5-1/2 month high. Bullish factors included (1) the weaker dollar, which encourages investment demand in commodities, (2) the action by Greece's parliament to approve austerity measures needed to ensure a 130-billion-euro aid package, which reduces concern Greek will default on its debt and undercut the global economy and energy demand, (3) the statement from the Overseas Shipholding Group, Frontline Ltd. East Coast processed 903,000 barrels of oil a day in the week ended Feb 3, down from 1.11 million a year earlier. Earnings ReportsEarnings reports (confirmed releases, sorted by mkt cap): MET-MetLife (BEST earnings consensus $1.24), michael kors sunglasses MMC-Marsh McLennan (0.45), HCP-HCP Inc. (0.46), OMC-Omnicom Group (0.94), FTI-FMC Technologies (0.84), HST-Host Hotels Resorts (0.03), ZNGA-Zynga (0.03), BWA-BorgWarner (1.17), AVP-Avon Products (0.53), WPI-Watson Pharmaceuticals (1.76), WSH-Willis Group Holdings PLC (0.48), KORS-Michael Kors Holdings Ltd. (0.06), FOSL-Fossil (1.77), HSP-Hospira (0.47), WTW-Weight Watchers International (0.86), GT-Goodyear Tire Rubber (0.21).
Global Financial Calendar
Tuesday 2/14/12 United States 0745 ETICSC (Int?l Council of Shopping Centers) weekly retailer sales. 0830 ETJan import price index expected +0.3% m/m and +7.2% y/y, Dec -0.1% m/m and +8.5% y/y. 0830 ETJan retail sales expected +0.8% and +0.5% less autos, Dec +0.1% and -0.2% less autos. 0845 ETPhiladelphia Fed President Charles Plosser speaks on the economic outlook at an event in Newark, DE. 0855 ETRedbook weekly retailer sales. 1000 ETDec business inventories expected +0.4%, Nov +0.3%. 1000 ETTreasury Secretary Timothy Geithner testifies before the Senate Finance Committee on the president?s budget for fiscal 2013. 1130 ETWeekly 4-week T-bill auction. lululemon australia 1740 ETAtlanta Fed President Dennis Lockhart speaks on the economic outlook to the Global Independence Center in Sarasota, FL. France 0245 ETQ4 French non-farm payrolls expected -0.3% q/q, Q3 unchanged q/q. Q4 French wages, Q3 +0.3% q/q. DCLG house prices, Nov -0.3% y/y. CPI expected -0.5% m/m and +3.6% y/y, Dec +0.4% m/m and +4.2% y/y. core CPI expected +2.6% y/y, Dec +3.0% y/y. RPI expected -0.4% m/m and +4.1% y/y, Dec +0.4% m/m and +4.8% y/y. RPI ex-mortgage interest payments expected +4.2% y/y, Dec +5.0% y/y. Germany 0500 ETFeb German ZEW survey economic sentiment expected +9.6 to -12.0, Jan +32.2 to -21.6. Feb ZEW survey current where to buy toms situation expected +2.1 to 30.5, Jan +1.6 to 28.4