By 
US MARKETS:
S&P 500 futures up 0.2% to 3,019.50
Brent Futures up 0.9% to $65.16/bbl
Gold spot down 0.02% to $1,430.53
US Dollar Index up 0.06% to 98.11
GLOBAL NEWS:
Earnings season. Airbus, BNP Paribas, EssilorLuxottica, Vinci, Intesa, Lloyds, Glencore, LafargeHolcim, Credit Suisse and many others in Europe. Qualcomm, American Tower, General Electric, Automatic Data Processing, CME Group, Dominion Energy or Simon Property in the United States.
Overview of corporate results:
-Apple is reassuring with rather solid results and prospects at the top of the expectations range, even if iPhone sales are under surveillance, which does not prevent the stock from progressing after the session. For Samsung, the reading is less favorable with a significant drop in profits. Amgen, Mondelez and Gilead have also published good figures. Swiss Re far exceeds expectations, while Credit Suisse is above consensus. Fiat Chrysler publishes above expectations thanks to the United States. General Electric is raising its forecasts.
-In Europe, Air France KLM and BNP Paribas reassured with results that contrasted with those of their counterparts. Vinci and Eutelsat also received a warm welcome for their quarterly reports, and to a lesser extent those of Mersen, LafargeHolcim and M6 Métropole Télévision. Heavy disappointments on the other hand on Manitou and Bic. L'Oréal lost 3% due to slower organic growth, slightly below 7%. Fresh welcome also for the figures of X-Fab and Wendel. In Europe, Umicore, Puma and Solvay shine after their results, with gains of more than 3.5%. Glanbia sinks after a warning, while Lloyds' figures disappoint.
EssilorLuxottica acquires GrandVision. It is official, EssilorLuxottica will buy back the 76.72% held by HAL in GrandVision on the basis of EUR 28 per share, and will launch a takeover bid on the balance of the shares. The price will be revised upwards to EUR 28.42 if the acquisition is not completed within 12 months of the announcement. The network is thus valued at €5.5 billion. GrandVision provides 7200 stores and online outlets in more than 40 countries, with 37,000 employees and annual sales of €3.7 billion.
A contract and a funeral. In line with rumors, Air France-KLM has placed a firm order for 60 A220-300s from Airbus to replace its A318s and A319s from 2021, while removing its A380s from service.
In other news. New Delhi prohibits Anheuser-Busch Inbev from selling beer on its territory for three years on a tax evasion case. Roche is once again extending its offer period for Spark Therapeutics. The Hong Kong Stock Exchange closed earlier than expected due to a storm warning. Nestlé is investing CHF 99 million to increase production in Indonesia. Audi's former boss is going to be tried for fraud in the dieselgate case.
S&P 500 futures up 0.2% to 3,019.50
Brent Futures up 0.9% to $65.16/bbl
Gold spot down 0.02% to $1,430.53
US Dollar Index up 0.06% to 98.11
GLOBAL NEWS:
Earnings season. Airbus, BNP Paribas, EssilorLuxottica, Vinci, Intesa, Lloyds, Glencore, LafargeHolcim, Credit Suisse and many others in Europe. Qualcomm, American Tower, General Electric, Automatic Data Processing, CME Group, Dominion Energy or Simon Property in the United States.
Overview of corporate results:
-Apple is reassuring with rather solid results and prospects at the top of the expectations range, even if iPhone sales are under surveillance, which does not prevent the stock from progressing after the session. For Samsung, the reading is less favorable with a significant drop in profits. Amgen, Mondelez and Gilead have also published good figures. Swiss Re far exceeds expectations, while Credit Suisse is above consensus. Fiat Chrysler publishes above expectations thanks to the United States. General Electric is raising its forecasts.
-In Europe, Air France KLM and BNP Paribas reassured with results that contrasted with those of their counterparts. Vinci and Eutelsat also received a warm welcome for their quarterly reports, and to a lesser extent those of Mersen, LafargeHolcim and M6 Métropole Télévision. Heavy disappointments on the other hand on Manitou and Bic. L'Oréal lost 3% due to slower organic growth, slightly below 7%. Fresh welcome also for the figures of X-Fab and Wendel. In Europe, Umicore, Puma and Solvay shine after their results, with gains of more than 3.5%. Glanbia sinks after a warning, while Lloyds' figures disappoint.
EssilorLuxottica acquires GrandVision. It is official, EssilorLuxottica will buy back the 76.72% held by HAL in GrandVision on the basis of EUR 28 per share, and will launch a takeover bid on the balance of the shares. The price will be revised upwards to EUR 28.42 if the acquisition is not completed within 12 months of the announcement. The network is thus valued at €5.5 billion. GrandVision provides 7200 stores and online outlets in more than 40 countries, with 37,000 employees and annual sales of €3.7 billion.
A contract and a funeral. In line with rumors, Air France-KLM has placed a firm order for 60 A220-300s from Airbus to replace its A318s and A319s from 2021, while removing its A380s from service.
In other news. New Delhi prohibits Anheuser-Busch Inbev from selling beer on its territory for three years on a tax evasion case. Roche is once again extending its offer period for Spark Therapeutics. The Hong Kong Stock Exchange closed earlier than expected due to a storm warning. Nestlé is investing CHF 99 million to increase production in Indonesia. Audi's former boss is going to be tried for fraud in the dieselgate case.
