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    Today - Wednesday, August 5, 2015

  • 4:46 AM
    • A more upbeat tone is coming out of Athens, after Greece and its lenders stated they were optimistic they could could broker a multi-billion euro bailout within days.
    • A funding deal worth up to €86B ($94.5B) must be settled by Aug. 20 - or a second bridge loan agreed - if Greece is to pay off €3.5B in ECB debt that matures on that day.
    • Greek stocks are still in the red, but a lot milder than the previous sessions. ASE Stock Index -1.3%.
    • ETFs: GREK
    | Comment!
  • 4:13 AM
    • German Bund and other European yields are on the rise after Atlanta Fed President Dennis Lockhart said it would take "significant deterioration" in the U.S. economy for him to not support a rate hike in September.
    • Lockhart's views are especially notable as he's considered a centrist on the FOMC whose views typically mirror the consensus there.
    • Tracking similar movement in U.S. treasuries, German 10-year yields +3 bps to 0.66%, rebounding from a two-month low hit on Tuesday.
    • ETFs: EU, BUNL, BUNT, GGOV
    | 1 Comment
  • 3:31 AM
    | 1 Comment
  • 2:54 AM
    • According to a new IMF report, more "significant work" in analyzing data is needed before deciding whether to grant the renminbi reserve currency status.
    • IMF staff members also suggested that a decision could be postponed by nine months, until September 2016.
    • Since a rejection five years ago, China has been pushing for the yuan to join a list of currencies, including the dollar, pound, euro and yen, that make up the lender's Special Drawing Rights basket.
    • ETFs: CYB, CNY, FXCH
    | Comment!
  • Tuesday, August 4, 2015

  • 3:14 PM
    • L'Oreal (OTCPK:LRLCF, OTCPK:LRLCY) expects to book over $1B in e-commerce sales this year to mark a 25% jump over the previous fiscal year.
    • The company is seeing a strong response to its e-commerce initiative in China where the channel now accounts for 15% of its consumer products sales.
    | Comment!
  • 9:54 AM
    • Shares of Suzuki (OTCPK:SZKMY) flew higher in Tokyo trading after hedge fund Third Point disclosed it took a stake in the automaker.
    • Third Point thinks the value of Suzuki's assets in India are worth more than its entire market cap.
    • Confidence in Suzuki has been subdued due to concerns over the ongoing arbitration with Volkswagen. Third Point thinks a resolution could jettison the stock higher.
    | Comment!
  • 7:59 AM
    • Hyundai (OTC:HYMLF) slashed prices on two SUV models in China in response to a slide in demand.
    • The Santa Fe and ix35 models were both given price cuts in the double-digit range.
    • Most major automakers have peeled back prices in China this year as demand has fallen short.
    | Comment!
  • 7:05 AM
    | Comment!
  • 6:00 AM
     
    • Japan -0.14%.
    • Hong Kong -0.02%.
    • China +3.69%.
    • India -0.35%.
    • London +0.20%.
    • Paris -0.32%.
    • Frankfurt -0.40%.
    | Comment!
  • 4:16 AM
    • Greek stocks are deep in the red again, dragged down by another near 30% plunge in banking stocks, as investors react to continuing questions about a new bailout from the EU and the country's worsening economy.
    • The ASE Stock Index plunged 16.2% on Monday, the worst fall on record, after the Athens Stock Exchange reopened following a five-week shut down.
    • Athens Composite -4.5% at the time of writing.
    • Greek banks: OTC:ALBKY, OTC:BPIRY, OTC:EGFEY, NBG -16.5% premarket
    • ETFs: GREK -0.9% premarket
    | 7 Comments
  • 3:52 AM
    • After three cuts this year, Indian central bank Governor Raghuram Rajan kept interest rates on hold at 7.25% today, rebuffing pressure from the Finance Ministry to reduce borrowing costs that are among the highest in Asia.
    • Earlier in the day, the Reserve Bank of Australia kept rates steady at 2.0%, leaving out a reference to the need for the local dollar to fall further.
    • ETFs: EPI, FXA, EWA, INDY, SCIF, INDL, PIN, INDA, INP, IAF, IIF, INXX, INCO, SCIN, ICN, INR, SMIN, AUSE, CROC, KROO, EWAS, FAUS, QAUS, HAUD
    | Comment!
  • 2:35 AM
    | 30 Comments
  • Monday, August 3, 2015

  • 3:31 PM
    • Hyundai (OTC:HYMLF) reports improved demand for crossover and mid-size sedans in July.
    • Elanta sales flat at 22,135 units.
    • Tucson sales +3.7% to 3,908 units.
    • Santa Fe sales +35% to 11,655 units.
    • Sonata sales +5.9% to 23,917 units.
    • YTD Hyundai sales +2.5% to 442,163 units.
    • Previously: Hyundai July U.S. sales: +6%
    | Comment!
  • 3:01 PM
    • Mazda (OTCPK:MZDAY) unit sales -7.1% Y/Y to 27,157 units.
    • Car sales fell 13% to 16,036 units.
    • Truck sales +3.1% to 11,121 units.
    • Mazda CX-5 sales +4.6% to 9,530.
    • Mazda6 sales -4.1% to 4,841.
    • Mazda3 sales +1.3% to 9,504 units.
    • YTD Mazda U.S. YTD sales +0.3% to 186,153 units.
    | Comment!
  • 2:16 PM
    • Kia Motors (OTC:HYMLF) unit sales +7.7% to 56,311 units.
    • Sales growth by model: Forte +41% to 7,868 units; Optima -7% to 12,638 units; Rio -41% to 2,227 units; Sorento +11.4% to 9,749 units.
    • YTD Kia sales +5% to 367,263 units.
    | 1 Comment
  • 2:09 PM
    • Porsche (OTCQX:VLKAY) unit sales +10% to 4,730 units.
    • 911/918 sales -4% to 852 units.
    • Cayenne sales -4.9% to 1,471.
    • Macan sales +63% to 1,533 units.
    • YTD Porsche U.S. sales +9.7% to 29,868 units.
    | Comment!
  • 1:51 PM
    • BMW (OTCPK:BAMXY) unit sales -0.2% to 32,161 units.
    • Sales growth by brand: BMW +2.1% to 26,970; Mini -10.7% to 5,191 units.
    • BMW passenger car sales were down 16% to 17,819 units, with demand lower for the Series 3, 4, and 5.
    • YTD BMW sales +8.1% to 231,044 units.
    | Comment!
  • 1:13 PM
    • Mercedes-Benz (OTCPK:DDAIF) unit sales -2.0% to 30,130 units.
    • Mercedes brand sales +1.2% to 27,526 units.
    • Sales growth by Mercedes class: C-Class +12% to 6,384; E-Class -26% to 4,893; S-Class -26% to 1,414; M-Class +18% to 3,851; GL-Class +7% to 1,755.
    • Sprinter sales -2.3% to 2,163 units.
    • Smart sales increased -67% to 441.
    • YTD Mercedes-Benz sales for all three brands +6.9% to 212,258 units.
    | Comment!
  • 1:00 PM
    • Mitsubishi Motors (OTCPK:MMTOF) unit sales +23.9% to 7,868 units.
    • Mirage sales -2.5% to 1,553 units.
    • Outlander sales +86% to 1,769 units.
    • Outlander Sports sales +24% to 3,242 units.
    • YTD Mitsubishi U.S. sales +24.8% to 57,412 units.
    | Comment!
  • 11:48 AM
    • Honda (NYSE:HMC) unit sales +7.7% to 146,324 units vs. a range of 4% to 5% forecast by analysts.
    • Sales in the Honda division increased +6.5% to 131,409 units, while Acura sales were up 19.5% to 14,915 units.
    • Sales growth by model: Accord -1.6% to 34,496; Civic +3.7% to 31,139; Pilot -12.3% to 9,584; CR-V +11.4% to 31,785; Acura ILX +31% to 1,613; Acura TLX 3,530 (new).
    • YTD Honda sales +2.7% to 899,325 units.
    | Comment!
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