Cantor Capital Commentary

The most recent commentary notes are detailed below, for older reports please select the archive.

Our commentary notes are also freely available to all by email.

To register please fill in the enclosed “Commentary Registration” form.

Email: sales@cantorcapital.com Tel: +44 (0) 20 7894 8800.

Day Ahead

Friday, 6 September 2013


Friday, September 6, 2013, Marketing Communication
Opening Call
  • The FTSE is called to open around unchanged on the open today
Cantor Capital Markets Image
UK Corporate Announcements
  • Sthree announces Q3 gross profit gained 5% and states it saw a stronger performance from its newer sectors
UK News
  • The FT highlights how the UK markets see interest rate hikes a full two years ahead of the Bank of England
  • The UK Chancellor has been seen cooling the celebration amongst the conservative party over the state of the economy, warning them not to get ahead of themselves
  • Japanese based Suntory is seen buying the Ribena and Lucozade brands from GlaxoSmithKline in a deal worth around £1.5bn
  • The G20 meeting continues and is expected to discuss laws to tighten rules on multinationals using subsidiaries to avoid taxes
  • Vodafone’s chief has stated that further industry consolidation is inevitable
  • The tower in the centre of London, previously called the Walkie-Talkie may get a new name as it now gets international press attention as the fryscraper as the beam of light it concentrates has become an unofficial tourist attraction. Land Securities and Canary Wharf Group own the building and say it will continue to catch the sun until October
  • Bwin.Party is in focus as it announces the launch of the new PartyPoker
  • The UK sells £2.5bn in bills at 11:10
UK Analyst Changes
  • Admiral Added To Ubs’S Least Preferred List
  • Diageo Raised To Buy Vs Neutral At Citi
  • European Autos & Auto Parts Rated New Neutral At Nomura
  • Fresenius Se, Astra Removed From Ubs’S Key Calls List
  • Hikma Pharmaceuticals Rated New Overweight At Barclays
  • Lancashire And Amlin Removed From Ubs’S Alpha Preferences List
  • Lancashire Raised To Outperform Vs Neutral At Credit Suisse
  • Standard Life Cut From Ubs’S Least Preferred List
  • Vodafone Removed From Citi’S European Focus List
UK Insider Buying
  • None Detailed
UK Insider Selling
  • None Detailed
FTSE 100 Movers
Major European Companies Reporting
  • Bollore SA, S1, 0,  Bwin.Party Digital Entertainment PLC, S1, 0.053,  Eurocommercial Properties NV, R, 1.964,  Hermes International, S1, 0,  Iliad SA, S1, 2.9,  Polyus Gold International Ltd, S1, 0.06
European Market Summary
  • Moody’s has lifted its stance on German banks to stable from negative
Global Market Footprint
Major US Stock Movers After Hours
  • Timken gained 5% after hours as it states it has responded to investor pressure and is to split into two units
S&P 500 Companies Reporting
  • None Scheduled
US Market News
  • The NY Times writes on how the NSA has circumvented or cracked much of the encryption that guards online traffic, and banking systems, including covert partnerships with technology companies to insert secret back door’s, the report also comes a day after scientists announce a new approach to quantum computing, technology which will make the the current internet security protocols redundant
  • US press suggest that Alan Mulally CEO at Ford may step down earlier than previously planned, he is also in the news as he stated yesterday that he sees car sales in the US topping17m in the next few years
  • The WSJ writes on how the US has released details of an intercepted communication from an Iranian official instructing militants in Iraq to attack US interests if the US administration was to launch military strikes in Syria
Today's Bloomberg Social Velocity Alerts, (BSV)
  • BioMarin Pharmaceutical Inc (BMRN)
  • Smith & Wesson Holding Corp (SWHC)
Overnight Market News
  • The Bank for International Settlements states that Singapore has taken the lead from Japan as Asia’s largest FX centre
  • Hyundai has reached a preliminary agreement with unions in South Korea which could end the recent strike action which is thought to have resulted in just under $1bn in lost output
  • An Indian author Sushmita Banerjee whose book ‘Escape from Taliban’ was a bestseller and made into a Bollywood film has been killed by militants who broke into her home, as the recent trend of attacks on prominent women continues
Economic Data Due
  • 00:05 UK August Consumer Confidence, -15 exp. -16 previous
  • 09:30 UK July Mortgage Approvals, 59.5k exp. 57.7k previous
  • 10:00 Eurozone August CPI, 1.4% exp. 1.6% previous
  • 13:30 US July Personal income, 0.2% exp. 0.3% previous
  • 14:45 US August Uni. of Michigan Confidence, 80.5 exp. 80.0 previous
Economic Events
  • No Major Events Scheduled
US Unemployment Rate
CFD Sales/Traders
  • 0044 (0) 207 894 8883
  • cfdsales@cantor.com
Equity Spread Bet Sales
  • 0044 (0) 207 894 8800
  • sales@cantorcapital.com
Footnotes
  • FTSE 100 Call as at 6:45am
  • Analyst Changes, as at 6:30am
  • Times given are UK Local Time, (GMT or GMT +1 during BST)
  • Insider Deals data compiled from Director/PDMR Shareholding forms published in the past 24 hours (ex weekends).
  • Major European Companies defined as those companies in the STOXX Europe 600 Index
  • FTSE 100 Movers, Blue >0.25%, Green <0.25% > -0.25%, Red < -0.25%, Font size dependent on percentage size of move
  • BSV is a Bloomberg Terminal filter searching for unusually high social media mentions on a stock
  • This note is compiled using information / charts from financial data providers such as Bloomberg and Reuters, as well as from the general financial / business media
Regulatory Disclaimer
This market commentary note (“note”) has been issued by Cantor Fitzgerald Europe (“CFE”), which is authorised and regulated by the Financial Conduct Authority (“FCA”). Cantor Capital and Cantor Index are trading names of CFE. This note is defined by the FCA as a marketing communication. This note has been prepared and distributed for information purposes only and represents the personal views and opinions of the sender. This note is not “investment research”, a “research recommendation” or a product of the Research Department. Please be aware that the CFE Research Department may issue a formal recommendation and target price on the stocks mentioned, which may differ from the opinion given here.  This note may contain information obtained by CFE from third parties; the source of information will usually be disclosed.  CFE makes no representation and gives no warranty as to the accuracy or completeness of the contents of this note. Any person placing reliance upon this note does so at their own risk. Investors should consider this note as only a single factor in making their investment decision. The investment discussed in this note may be unsuitable for investors depending on their specific investment objectives and financial position. CFE, its officers, employees and affiliates shall not be liable to any person in any way whatsoever for any losses, costs or claims howsoever arising from any inaccuracies or omissions in this note or any reliance on this note. The recipient is strongly recommended to see independent legal, tax and financial advice. Past performance is not necessarily a guide to future performance. Income from investments may fluctuate. The price or value of the investments to which this note relates; either directly or indirectly, may fall or rise against the interest of investors.
This note should not be considered to be a solicitation nor an offer of advice for the purposes of the sale or purchase of any security, investment or derivative.  The information contained in this note is not intended to form the basis of any investment decision and should not be considered a recommendation by CFE or any other person in relation to any of the companies, stock, commodities, currencies or other markets mentioned / referred to in this note. All the information contained herein is based upon information available to the public and has been obtained from sources believed to be reliable. However, the information contained in this note has not been verified by CFE and CFE undertakes no obligation to provide recipients of this note with any additional information or any update to or correction of the information contained in this note. This note is provided by CFE and may be forwarded unamended and in its entirety. This note may not be used in whole or in part to create any other work. All rights reserved.
FTSE International Limited (“FTSE”) © FTSE [2013]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
CFE is authorised and regulated by the FCA under Firm Reference Number 149380.   CFE – The Financial Services Register Information: http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=61341
Registered in England No. 02505767
Registered Address: 17 Crosswall, London, EC3N 2LB
Risk Warning
Trading CFDs carries a high level of risk to your capital and is not suitable for all customers. Furthermore, margined products use leverage to increase the level of exposure to the product, and as a result your losses may substantially exceed your initial deposit and require you to make additional deposits at short notice. Prior to trading leveraged CFDs, you should carefully consider your investment objectives, experience and risk appetite and should not invest money that you cannot afford to lose.
Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. You should ensure you fully understand the risks and seek independent financial advice if in doubt.
CFE provides an execution only service and does not offer investment advice.
These products are not intended for people under the age of 18 or for US residents.
The distribution of this note in other jurisdictions may be restricted by law and persons into whose possession this note comes should inform themselves about and observe any such restrictions. By accepting this note you agree to be bound by the foregoing instructions.

 

Risk WarningFull Risk Warning

Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. Cantor Index provides an execution only service and does not offer investment advice. You should ensure you fully understand the risks and seek independent financial advice if necessary. These products are not intended for people under the age of 18 or for US residents.