Asian stocks and U.S. equity futures climbed on Monday after President Donald Trump suspended his plans for U.S. tariffs on Mexico. Treasuries fell as demand for havens sank.
The Mexican peso jumped the most in almost a year after the U.S.-Mexico agreement that was unveiled late Friday. Japanese, South Korean and Hong Kong stocks rose, as did crude oil prices. Gold fell. China’s shares also rose as the country’s markets reopened after a long weekend. People’s Bank of China Governor Yi Gang said Friday there’s “tremendous room” to ease monetary policy. The yen touched its low of the session after Governor Haruhiko Kuroda said the Bank of Japan can deliver more stimulus if necessary.
Nikkei +1.13% Hang Seng +2.03% CSI +1.54% Shanghai +1.08% Shenzen +1.69%
Eur$ 1.1304 CNH 6.9519 CNY 6.9339 JPY 108.67 GBP 1.2704 CHF 0.9911 WTI $54.35 +0.60%
S&P +0.31% EuroStoxx +0.48% Dax +0.63% FTSE +0.55% SMI +0.69%
Macro :
- Oil Extends Gains on Saudi-Russia Supply Pledge, U.S. Rigs Data
- United Technologies, Raytheon to Combine as Defense Giant (1)
- China May Rare Earth Exports Fall 15.9% on Month
- Joe Biden’s Easy Ride in 2020 Race Hits Pothole in a Bad Week
- Le Maire Says Trade War May Mean Global ’Economic Crisis’: CNBC
- EU to Warn Business Not to Expect Help Over No-Deal Brexit: FT
Keep an eye on :
- AGL IM : Autogrill to Spend EU1.5b on Growth Abroad: CEO to Corriere
- BYND US : Beyond Meat Short-Sellers Take a $155 Million Beating in Rally
- COPN SW : Cosmo Says FDA Accepts NDA Filing of Remimazolam for Review
- DBK GY : Deutsche Bank to Hire up to 50 Senior Traders, Bankers: FN
- DBK GY : Deutsche Bank Auditors Find Lapses in Cheque Screening: FT
- DBK GY : Deutsche Bank Downgraded to BBB by Fitch on Continued Difficulty
- DIA SM : Regulator Won’t Start Proceedings Over Ana Botin’s Tweet on DIA
- ENEL IM : Germany to Sell Stakes in Foreign Nuclear Companies: Der Spiegel
- ENGI FP : Germany to Sell Stakes in Foreign Nuclear Companies: Der Spiegel
- ENX FP : Euronext Controls 97.7% of Oslo Bors VPS Capital
- ERF FP : Eurofins Says No Evidence of Unauthorized Theft in Cyberattack
- FXPO LN : Ferrexpo Investors Show Discontent With Miner’s Accounts
- FCA IM : Fiat, Renault Chairmen Discussed Reviving Merger, Reuters Says
- FCA IM : Fiat Chrysler Recalls Nearly 300,000 Ram 1500s on Software Flaw
- GLE LN : MJ Gleeson CEO to Step Down in Disagreement Over Pay: Sky News
- HDD GY : Heideldruck Seeks Another Strategic Investor: Euro Am Sonntag
- IBE SM : Germany to Sell Stakes in Foreign Nuclear Companies: Der Spiegel
- KER FP : Clock Ticks on Giorgio Armani’s Vast Empire of Timeless Fashion
- MC FP : Clock Ticks on Giorgio Armani’s Vast Empire of Timeless Fashion
- MS I M : Mediaset, Mediaset Espana to Be Merged Into Dutch Holding
- MS IM : Berlusconi’s Fininvest May Own Over 50% Voting Rights in MFE
- METSO FH : Metso to Acquire McCloskey in EU279m Deal
- MOSB LN : Gatemore Capital Takes 10% Stake in Retailer Moss Bros: Sky News
- NN NA : Dutch Insurer Vivat ‘Seems Like a Good Deal’ for NN: Degroof
- ALOCA FP : Oceasoft: Accord W/ Banking Partners on Redemption Conditions
- OTE1V FH : Outotec Awarded EU250M Copper Plant for Baikal Mining Company
- UG FP : PSA Is Always Open to New Deals, CEO Tavares Tells Expresso
- RAMI FH : Loxam Offers EU9.00 for Each Share of Ramirent
- RNO FP : Renault's 20-Year Marriage With Nissan May Be in Trouble
- RNO FP : Nissan Says Renault Plan to Abstain From AGM Vote `Regrettable'--> Nissan +0.88%
- RNO FP : Renault Could Abstain on Nissan Governance at Nissan AGM: Source
- RNO FP : *ROSTEC PLANS TO SELL RENAULT ~8% OF AVTOVAZ FOR 10B RUBLES: RIA
- RNO FP : After Fiat Flop, Senard Faces Added Pressure to Fix Renault
- RVLV US : *CITRON SAYS IT EXPECTS REVOLVE STOCK TO TRADE TO $50 ( close $34 +88%)
- ROG SW : Roche and Spark Get FTC Request for Extra Info on Spark M&A
- RDSA NA : Shell Says St. Fergus Capacity Restored After Unplanned Outage
- SEV FP : Rosneft and Suez to Consider Creation of Joint Venture
- SIE GY : Siemens Mobility Wins ~EU1.1B Order in Russia
- SIE GY : Gazprom, Siemens Discuss Creation of Russian Joint Venture
- TEG LN : *TEN ENTERTAINMENT: WOODFORD CUTS POSITION TO 5.54% VS 10.08%
- TER FP : Terreis Files Buyback Offer for Ordinary, Preference Shares
- UBI FP : EA and Ubisoft Have ‘Most at Stake’ as E3 Summons Gamers to L.A.