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U.S. DAYBOOK & OVERNIGHT: Hurricane, Jackson Hole, HTC, Big Lots

(Bloomberg) — U.S. stock-index futures fluctuate after
European and Asian shares rose with oil before Fed Chair Janet
Yellen’s speech at Jackson Hole. Economic data include durable
goods orders. Big Lots is reporting earnings.
U.S. MARKETS:
* S&P 500 futures down 0.1% to 2,438.00
* Brent futures up 0.7% to $52.39/bbl
* Gold spot up 0.2% to $1,288.43
* U.S. Dollar Index little changed at 93.26

WHAT TO WATCH:
* TOP OVERNIGHT NEWS:
** Harvey Strengthens as Gasoline Surges on Texas Refinery
Threat
** Executives Warn MiFID Has Firms Caught Like ‘Deer in
Headlights’
** JPMorgan’s Frenkel: More Risk in Fed Delaying Than Hiking
Early
** Smartphone Maker HTC Is Said to Explore Strategic Options
** Draghi Has Reason to Temper the Drama in Jackson Hole Sequel
** Valeant’s Latest Litigation Threat Could Be Especially Costly
** U.S. Is Said to Plan New Venezuela Sanctions Announcement
Friday
** Trump Battle for Wall Money Squeezed by Deadline for Debt
Limit
** Trump to Rally Public on Taxes as Republicans Hash Out
Details
** Amazon’s Price Cuts on Kale Leave Rivals Bracing for Impact
** Higher Home Prices Risk Closing Door on U.S. Housing Momentum
** Steinhoff Rejects Allegations of Dishonesty in Accounting
** Johnson Says U.K. Will Pay Bill as Brexit-Backers Fall Into
Line
** German Business Confidence Weakens Even as Economy Forges
Ahead
** China’s 1st Bond Workout With 78% Haircut Ushers in New Era
* WEEKLY AGENDAS:
** U.S. Jobs Data, U.K.-EU Brexit Talks: Week Ahead Aug. 26-
Sept. 2
** Yellen at Jackson Hole, Solar Eclipse: Week Ahead Aug. 21-26
** BARRON’S ROUNDUP: Starbucks to Jump 20%; Buffett’s Best
Advice
** U.S. CONSUMER WEEKLY AGENDA: LOW, ANF Earnings; WFM M&A Vote
** Yellen at Jackson Hole, Solar Eclipse: Week Ahead Aug. 19-26
** N.A. ENERGY WEEKLY AGENDA: Cormark, Heikkinen Conferences
** U.S. MEDIA/ENTERTAINMENT WEEKLY AGENDA: GME Earnings; 3
Movies
** U.S. REAL ESTATE WEEKLY AGENDA: TOL Results, Home Sales
** U.S. TECH WEEKLY AGENDA: CRM, VMW, HPQ, AVGO, ADSK Earnings
** U.S. INDUSTRIAL AGENDA: Toro Earnings, BofAML, Seaport Confs.
* M&A, ECM SCHEDULED EVENTS:
** N.A. M&A Weekly Agenda: FOXA, MON, PTHN, WFM
** U.S. ECM AGENDA: Redfin, Sienna Biopharma Analyst Quiet
Periods
* ANALYST ACTIONS
** (ADBE): Adobe New Buy at Jefferies, PT $175
** (BECN): Beacon Roofing Raised to Buy at Jefferies, PT $54
** (BECN): Beacon Roofing Raised to Overweight at Keybanc, PT
$52
** (CFW CN): Calfrac Well Services Raised to Outperform at RBC,
PT C$6
** (CFX): Colfax Raised to Overweight at Keybanc, PT $46
** (CHUBA): CommerceHub New Overweight at First Analysis, PT $25
** (CVS): CVS New Hold at Loop Capital
** (DO): Diamond Offshore Raised to Sector Perform at RBC
** (EDU): New Oriental Education New Overweight at Morgan
Stanley, PT $100
** (EIGI): Endurance International Cut to Underperform at
Jefferies, PT $5
** (EXPE): Expedia Raised to Buy at Jefferies, PT $180
** (EXPE): Expedia Expected to Take Share From Smaller Rivals:
Jefferies
** (FI): Frank’s International Raised to Outperform at RBC, PT
$10
** (FRED): Fred’s New Hold at Loop Capital
** (FTI): TechnipFMC Raised to Outperform at RBC
** (GDDY): GoDaddy New Buy at Jefferies, PT $55
** (IIIN): Insteel Industries Cut to Neutral at Longbow
** (INTU): Intuit New Buy at Jefferies, PT $157
** (MB): Mindbody New Hold at Jefferies
** (MELI): MercadoLibre Raised to Buy at Stifel, PT $275
** (NE): Noble Corp Raised to Sector Perform at RBC
** (NFI CN): New Flyer Industries New Market Perform at BMO, PT
C$57
** (NTAP): NetApp New Hold at Loop Capital, PT $41
** (OII): Oceaneering Raised to Outperform at RBC, PT $33
** (POOL): Pool Corp Cut to Sector Weight at Keybanc
** (RDC): Rowan Cos Raised to Sector Perform at RBC
** (RIG): Transocean Raised to Sector Perform at RBC
** (SHLM): A Schulman Raised to Buy at Longbow, PT $37
** (SNX): Synnex New Buy at Loop Capital, PT $140
** (SSTK): Shutterstock Cut to Underperform at Jefferies, PT $30
** (TAL): Tal Education New Overweight at Morgan Stanley, PT $37
** (TECD): Tech Data New Buy at Loop Capital, PT $130
** (TRIP): TripAdvisor Cut to Underperform at Jefferies, PT $35
** (TTMI): TTM Tech Raised to Buy at Stifel, PT $17.50
** (TWTR): Twitter Cut to Hold at Jefferies
** (TWTR): Twitter Falls as Jefferies Downgrades, Forecasts Long
Turnaround
** (W): Wayfair Raised to Buy at Stifel, PT $78
** (WBA): Walgreens Boots New Buy at Loop Capital, PT $95
** (WCG): Wellcare New Overweight at Cantor, PT $195
** (WEX): Wex New Outperform at Raymond James, PT $115
** (WIX): Wix.com New Buy at Jefferies, PT $74
** BEDU New Overweight at Morgan Stanley

EARNINGS: (All ests. EPS. All times ET)
* PRE-MKT
** Big Lots (BIG US) 6am 62c
** Sims Metal (SGM AU) 8:15am A$0.46

GOVERNMENT:
* Government Agenda

ECONOMIC DATA (All times ET):
* 8:30am: Durable Goods Orders, est. -6.0%, prior 6.4%
* 8:30am: Durables Ex Transportation, est. 0.4%, prior 0.1%
* 8:30am: Cap Goods Orders Nondef Ex Air, est. 0.35%, prior 0.0%
* 8:30am: Cap Goods Ship Nondef Ex Air, est. 0.15%, prior 0.1%

CENTRAL BANKS (All times ET):
* 10am: Yellen speaks at Fed Conference in Jackson Hole, Wyoming
* 3pm: ECB President Mario Draghi speaks in Jackson Hole

CORPORATE EVENTS:
* Other/M&A: SRE US

OTHER EUROPEAN NEWS SINCE THE U.S. CLOSE:
* German Spending Puts Economy on Track for Best Year Since 2011
* Merkel Faces Volatile Coalition Options If Election Goes Her
Way
* Opposition Leader Resigns in Sweden One Year Ahead of Election
* Eurocash Turns to Unexpected Loss on VAT Fraud Payout
* World’s Cheapest Currency Lira Has Goldman, BlueBay on Its
Side

EUROPEAN ECO DATA (All times ET):
* 2am: (GE) 2Q F GDP SA QoQ, actual 0.6%, est. 0.6%, prior 0.6%
* 2am: (GE) 2Q F GDP WDA YoY, actual 2.1%, est. 2.1%, prior 2.1%
* 2am: (GE) 2Q F GDP NSA YoY, actual 0.8%, est. 0.8%, prior 0.8%
* 2:45am: (FR) Aug. Consumer Confidence, actual 103, est. 103,
prior 104
* 4am: (GE) Aug. IFO Business Climate, actual 115.9, est. 115.5,
prior 116
* 4am: (GE) Aug. IFO Expectations, actual 107.9, est. 106.8,
prior 107.3
* 4am: (GE) Aug. IFO Current Assessment, actual 124.6, est. 125,
prior 125.4, revised 125.5

WHAT HAPPENED IN EUROPEAN MARKETS:
* STOXX Europe 600 up 0.3% to 375.51
* German 10Y yield rose 1.9 bps to 0.395%
* Euro unchanged at $1.1799
* Italian 10Y yield fell 0.8 bps to 1.819%
* Spanish 10Y yield rose 1.7 bps to 1.615%

OTHER ASIA NEWS SINCE THE U.S. CLOSE:
* HNA Is Raising Billions From Shadow Banks That Worry Beijing
* Last Independent Azeri News Service to Stop Work Amid
Crackdown
* Shanghai Steel Coil on Record Run as Investors Shrug Off Curbs
* Philippines’ Espenilla Says Hard to Say If Worst Over For Peso
* Someone Just Made a Giant Bet on Korean Sovereign Bonds
* Japan CPI Sends BOJ Clear Message While U.S. Data Raises
Doubts
* Japan Stuck in Inflation Doldrums as Core CPI Inches Up to
0.5%
* Japan Shares Rise as Autos, Banks Climb Ahead of Jackson Hole
* Best Run in 11 Years Beckons for Metals as China Drives Rally
* Samsung Heir Sentenced to Five Years for Graft Conviction

ASIAN ECO DATA (All times ET):
* 1am: (SI) July Industrial Production YoY, actual 21.0%, est.
12.9%, prior 13.1%, revised 12.7%
* 1am: (SI) July Industrial Production SA MoM, actual 1.0%, est.
-3.9%, prior 9.7%, revised 9.0%

WHAT HAPPENED IN ASIAN MARKETS:
* MXAP up 0.2% to 160.35
* MXAPJ up 0.3% to 532.06
* Nikkei up 0.5% to 19,452.61
* Topix up 0.3% to 1,596.99
* Hang Seng Index up 1.2% to 27,848.16
* Shanghai Composite up 1.8% to 3,331.52
* Sensex up 0.09% to 31,596.06
* Australia S&P/ASX 200 down 0.03% to 5,743.86
* Kospi up 0.1% to 2,378.51

To contact the reporter on this story:
Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net
To contact the editors responsible for this story:
Celeste Perri at cperri@bloomberg.net

About Makkaba Co., Ltd.

Makkaba Co., Ltd.

Hotline: (+84)(0) 904935786; Tel.: (+84) (0)28.35208726
Email: m2mtradingsignals@gmail.com - Phone:

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