Asian stocks pushed higher Monday, with limited fallout from a tumultuous G-7 meeting at the weekend. The dollar steadied and the yen retreated as President Donald Trump readied for his summit in Singapore Tuesday with North Korea’s Kim Jong Un.
Japanese, Hong Kong and South Korean shares showed modest gains while Chinese stocks underperformed. Australia’s markets were shut for a holiday. The Canadian dollar fell most among its G-10 currency peers in the wake of the G-7 meeting, which ended with deepening tensions over U.S. tariffs on imports from its allies and saw a dispute erupt between Trump and Prime Minister Justin Trudeau. The euro rose after Italy’s new finance minister confirmed his commitment to the common currency. Treasury yields edged higher, while S&P 500 futures pared losses.
Nikkei +0.55% Hang Seng +0.20% CSI -0.41% Shanghai -0.83% Shenzen -0.75%
Eur$ 1.1808 CNH 6.3984 CNY 6.4039 JPY 109.96 GBP 1.3420 CHF 0.9860 RUB 62.3026 WTI 65.54 -0.30%
S&P -0.07% EuroStoxx +0..35% FTSE +0.11% Dax +0.16% SMI +0.27%
Macro :
- Asset Quality Key in Oil E&Ps, Jefferies Says; Prefers Norway
- Italy Should Try to Stop Companies Relocating Abroad: Di Maio
Keep an eye on :
- ADP FP : France Proposal to Sell ADP, FDJ Stakes Is Advancing: Les Echos
- ASIT BB : Asit Biotech Chooses Asit+ Product Candidate for Peanut Allergy
- BARN SW : Barry Callebaut CEO Says This Year’s Cocoa Harvest Is Good: FuW
- BMW GY : German Authorities Respond to Fire at BMW Factory: Passauer
- BMW GY : BMW Could Build Sedans in U.S. to Avoid Tariff: Automobilwoche
- BOL FP : PSA Keen to Replace Bollore in Paris Car-Sharing Service: Echos
- ISP IM : BlackRock in Talks to Buy Minority Stake in Italy’s Eurizon: FT
- DB1 GY : Deutsche Boerse Growth Seen Below Consensus: Morgan Stanley
- DIS US : ‘Ocean’s 8’ Earned $15.8M on Friday, Variety Says
- DLG GY : Synaptics Is Said to Have Rejected $59/Shr Offer in March: CNBC
- IDIA SW : Idorsia Starts Phase 3 Registration Program for Insomnia Drug
- LSE LN : LSE Has More Upside On OTC Clearing Opportunity: Morgan Stanley
- OPHR LN : Asset Quality Key in Oil E&Ps, Jefferies Says; Prefers Norway
- UG FP : PSA Keen to Replace Bollore in Paris Car-Sharing Service: Echos
- RWE GY : RWE to Start Physical Iron Ore Trading in Singapore in 2H 2018
- GLE FP : SocGen Chairman Reiterates Mergers Aren’t a Priority: Figaro
- TEF SM : Telefonica to Bid for 5G Germany License, CEO Told Handelsblatt
- TIT IM : Italy’s Five Star Vetoes Siri for Telecom Post: Repubblica
- TUI LN : not planning to participate in the consolidation of the sector, The Daily Express reported.
- FP FP : Oil Price Seen Higher at Jefferies; Total, Equinor Upgraded
- VER AV : Verbund CEO Anzengruber to Remain Head of Company: Der Standard
- VM/ LN : CYBG Deal With Virgin Money Could Cost 1,500 Jobs: Telegraph
- YNAP IM : Richemont Sees Holding 98.3% of Yoox as Sell-Out Period Ended