Thursday morning was not one for coffee breaks for traders in Asia, with markets whipsawed by contrasting headlines on the chances of some sort of progress in critical U.S.-China trade talks.
Futures on the S&P 500 Index initially fell sharply on concerns that the negotiations -- scheduled for Thursday and Friday in Washington -- might be cut short. They erased most losses after news from Bloomberg that next week’s tariff hike could be suspended and a report from the New York Times that President Donald Trump could let some U.S. companies supply Huawei Technologies Co.
Japanese shares also recouped most of their decline, while South Korean ones were still well down. Hong Kong and Shanghai edged up. The yuan climbed after sliding earlier, and the yen dipped after seeing early gains. Crude oil was also whipsawed, erasing most of its early losses. Treasuries ticked higher.
US After Hours BBBY +22% on new CEO appointment, PCG plummets on bankruptcy judge decision
Nikkei +0.29% Hang Seng +0.18% CSI +0.14% Shanghai +0.19% Shenzen +0.51%
Eur$ 1.0988 CNY 7.1144 CNH 7.1174 GBP 1.2229 JPY 107.45 chf 0.9947 WTI$ 52.49 -0.20%
S&P -0.05% EuroStoxx +0.23%% Dax +0.12% SMI+0.25%
Macro :
- China Won’t Give Trump All He Wants, Says Private Equity Chief
- Fed Officials Getting Serious About Strategies for Low Inflation
- Trump Is Tweeting Less About China and That’s Good for Stocks
- Trump Threatens Turkey if Kurds Get Wiped Out: Syria Update
- Trump Considers Order on China Parcels to Detect Contraband: FT
Keep an eye on :
- AIR FP : AerCap Picks Up Airbus Jet Orders Dropped by Norwegian: Reuters
- ALM SM : Almirall Says Dermira Starts Phase 3 Study of Lebrikizumab
- BBVA SM : BBVA Seeks to Sell EU1.3B Real Estate Portfolio: Confidencial
- BAS GY : LafargeHolcim Is Said to Decide Against Bid for BASF Unit
- BOSN SW : Bossard Sees Full Year Ebit Margin Low End Of 10% To 13%
- BWNG LN : N Brown 1H Rev. GBP432.9m, FY Expectations Unchanged (1)
- CO FP : Casino Agrees to Sell LTV Poultry Processing Site to LDC
- CLN SW : Millennium, Integrated Core Hold 3.45% in Clariant: SIX
- DEB LN : Debenhams Raises New GBP50m Facility With Some Existing Lenders
- DBV FP : Investors Revolt on Another IPO in Wake of Peloton: ECM Watch
- DBV FP : DBV: ADS Global Offering Close Expected Oct. 15
- DNLM LN : Dunelm 1Q LFL Sales +6.4%, Keeps Views Amid Uncertainty (1)
- ENX FP : Euronext Sept. Equity Derivatives Avg. Daily Volume -0.6% Y/Y
- FXPO LN : Ukraine Seeks to Add Ferrexpo CEO to International Wanted List
- GXI GY :
- GEBN SW : Geberit Board Member Thomas M. Huebner Dies
- G IM : Delfin Never Considered Generali Spinoff From Mediobanca: Ansa
- GWI LN : Globalworth Real Estate to Place 28.6m Shares at EU9.25 Apiece
- GIVN SW : Givaudan Third Quarter Sales 1.3% Below Estimates
- HL/ LN : Hargreaves Lures New Customers, Shaking Off Woodford Woes
- HL/ LN : Hargreaves Saw New Business Impacted By Brexit, Macro Issues
- ISP IM : Italy Banks Bad Loans Slip to EU87.6b in August on Month: BOI
- ISAT LN : U.K. Govt. Leaning to Approve Inmarsat Buyout
- IQE LN : IQE Agrees to Buy Out CSDC Venture in Singapore
- LHN SW : LafargeHolcim Is Said to Decide Against Bid for BASF Unit
- LWB LN : Low & Bonar Sees Significant Risk If Financial Covenants Tested
- MC FP : LVMH 3Q Sales Beat Estimates Despite Difficult Hong Kong Context
- MC FP : LVMH 3Q ‘Very Strong,’ Shares Likely to Open Higher: Bernstein
- MB IM : Delfin Never Considered Generali Spinoff From Mediobanca: Ansa
- COX FP : Nicox Agrees With Kreos to Raise Bond Financing
- NZYMB DC : Novozymes Cuts Full Year Organic Revenue Forecast
- ONCO SS : Stiftelsen Industrifonden Sells 3m Shares In Oncopeptides
- PHIA NA : Philips Third Quarter Revenue EU4.7 Bln, Philips Sees Lower ‘19 Adj. Ebitda Margin Raise on Headwinds (1)
- RNO FP : Nissan Gives Cold Comfort to Brexit-Threatened Sunderland Plant
- RIO LN : Fortescue Sees Guinea Bid as Positioning For Iron Ore’s Future
- SBRE LN : Sabre Sees FY2019 Combined Ratio ‘Slightly Better’ Than Target
- SRG IM : Hydrogen Could Feed 25% of Italy’s Energy by 2050, Snam Says
- SHA GY : Schaeffler Seeks Additional 1,300 Voluntary Exits: WiWo
- SZU GY : Suedzucker Maintains FY Operating Profit EU0 To EU100 Mln
- UCB BB : UCB to Buy Ra Pharmaceuticals for $48/Share in Cash
- UCG IM : UniCredit CEO Plans to Pass on Negative Rates to Customers
- UN01 GY : Uniper Deputy Chairman Says Fortum Is Still Hostile to Interests
- VID SM : Vidrala in Talks to Sell Belgium Business to Saverglass
- XPP LN : XP Power Sees Performance for FY in Line With Current Views