U.S. stock futures declined with equities in Asia amid a potential escalation of tensions between Washington and Beijing, and after signs China’s economy remains under pressure. Treasury yields extended last week’s retreat and the dollar fell.
Shares dropped from Sydney to Hong Kong and futures indicated lower starts for sessions in Europe and the U.S. on Monday. Yields on 10-year Treasury slid to 2.83 percent, the lowest in four months. Dampening the mood at the start of the week was news China’s vice foreign minister has summoned the U.S. ambassador Terry Branstad in protest over the arrest of Huawei Technologies Co.’s chief financial officer and weak data on China’s slowing economy.
Nikkei -2.12% Hnag Seng -1.40% CSI -1.18% Shanghai -0.85% Shenzen -1.37%
Eur$ 1.1424 CNH 6.9160 CNY 6.9046 JPY 112.52 GBP 1.2728 CHF 0.9890 RUB 66.3392 TRY 5.3002 WTI$ 52.434-0.43%
S&P -0.56% EuroStoxx -0.98% FTSE -0.98% Dax -1.21% SMI -0.73%
Macro :
- Semiconductor Stocks Post Worst Three-Day Plunge Since 2014
- EU May Give Italy Extra Time on Budget as Wrangling Drags On
- Fake and Bad News Is Depressing Market, JPM’s Kolanovic Says
- Hedge Funds Still Have Stocks to Dump, in Bad Sign for Sell-off
Keep an eye on :
- AF FP : Air France-KLM Nov. Passenger Traffic Rises 4.8%
- AIR FP : Airbus, China Mobile Team up for Air-to-Ground Connectivity
- AAPL US : iPhone XS & XR adoption significantly lower than last year’s models, data shows - 9to5
- AST IM : Salini Impregilo expected to make non-binding offer to Astaldi on 15 December
- BG US : Bunge Is Said Open to Talks With Glencore, ADM as CEO to Leave
- BWO NO : BW Offshore Sells FSO Belokamenka for About $20M for Recycling
- CA FP : Carrefour, Other French Companies May Move on French Protests
- CEP SM : Mubadala Mulling Sale of 30% Stake in Cepsa, Cinco Dias Reports
- DBK GY : Barron's : Why It’s Time to Bail Out of Deutsche Bank - http://bit.ly/2B57N87
- DBK GY : German Govt Stake in Deutsche Bank Unjustified: CDU’s Meister
- DBHN GY : Deutsche Bahn Cancels Long-Distance Connections on Strike
- DTY LN : Short Sellers Lombard Odier And Merian Ramp Up Bets Against Undertaker Dignity
- ENGI FP : Amber Capital Builds Suez Stake, Seeks Higher Holder Returns: FT
- ERA FP : Eramet Sees ‘Material’ Impact After Alloys Unit Quality Review
- ECP FP : Europacorp Hires Messier Maris to Search for Partner: Les Echos
- FRE GY : Akorn Seeks New CEO After Losing Fresenius Deal
- GIMB BB : Monaghan Mushrooms Acquires 100% of Walkro
- GLEN LN : Bunge Is Said Open to Talks With Glencore, ADM as CEO to Leave
- HSBA LN : Standard Chartered Among Banks Mislead by Huawei Over Iran: WSJ
- ISS DC : ISS Sets Medium-Term Target of 4-6% Organic Growth; Sells Assets
- MRK GY : EMD Serono unit granted FDA orphan drug designation for treatment of biliary tract cancer
- NBL US : Noble Energy Partners Buys Bakken Shale, Eagle Ford Shale Assets
- NOVN SW : Data demonstrates consistent efficacy and tolerability of Kisqali® combination therapy in HR+/HER2- advanced breast cancer in patients with difficult-to-treat visceral disease
- PAH3 GY : Porsche CEO Confirms Plan for $6.8 Billion Profit Boost by 2025
- PZZA US : Papa John’s Founder Schnatter Engaged Adviser to Review Options
- POY1V FH : AF Offers EU10.20 Per Share in Cash for Finland’s Poyry
- PROTCT NO : Protector Gets Biggest Commercial Client Ever Confirmed in U.K.
- RNO FP : Nissan Seeks to Block Ghosn Family Access to Brazil Apartment:FT
- RNO FP : Prosecutors Indict Ghosn, Nissan for Understating Pay: Kyodo
- RIB GY : RIB Software to Buy Shares From JV Partner in YTWO Formative
- ROG SW : Gilead Names Daniel O’Day Chairman and CEO From March 2019, Roche Names William Bill Anderson CEO Roche Pharmaceuticals
- SEV FP : Amber Capital Builds Suez Stake, Seeks Higher Holder Returns: FT
- STAN LN : Standard Chartered Among Banks Mislead by Huawei Over Iran: WSJ
- SNH GY : South Africa PIC Inquiry to Probe Steinhoff Empowerment Deal: BD