Asian stocks rallied after their U.S. counterparts gained amid relief the latest reading on American inflation suggested less need for the Federal Reserve to accelerate monetary tightening. The dollar steadied after dropping the most since March. The MSCI Asia Pacific Index is heading for its best week since February thanks to easing investor concerns that higher U.S. yields and a stronger dollar would spur broad contagion. Equity benchmarks advanced across most of the region, with Japan’s Topix heading for its highest close in 10 weeks. Malaysian assets trading offshore began to stabilize after the shock election win for the opposition. Ten-year Treasury yields held below 3 percent.
Nikkei +1.11% Hang Seng +1.35% CSI -0.15% Shanghai +0.02% Shenzen -0.57%
Eur$ 1.1916 CNH 6.3357 CNY 6.3421 JPY 109.46 GBP 1.3518 CHF 1.0029 RUB 61.6786
S&P +0.05% EuroStoxx +0.14% FTSE +0.09% DAX +0.01% SMI +0.49%
Macro :
- Emerging Market Stocks, Bonds Suffer Outflows, Jefferies Says
- London Plans Junk-Food Advertising Plan For Transport Network
- Odey Raises Equity Shorts, Cuts Bond Wagers as Fund Gains 17%
Keep an eye on :
- ANA SM : Acciona First Quarter Net Income Misses Lowest Estimate
- ACS SM :
- AIR FP : Airbus Probes Secret Document Leak in India Defense Deal: ET
- AIR FP : *SPACEX ABORTS LAUNCH OF FALCON 9 BLOCK 5 ROCKET
- AF FP : Air France-KLM April Passenger Traffic Falls 2.5% on Strikes
- ALO FP : GE to Buy Alstom Stakes; Ford Fire Recovery: Industrials Wrap
- MT NA : ArcelorMittal First Quarter Ebitda Beats Estimates
- ATT SS : Attendo Close to Selling Finnish Healthcare Unit, DI Reports
- BMPS IM : Monte Paschi First Quarter Revenue Beats Highest Estimate
- BC IM : Brunello Cucinelli First Quarter Net Revenue EU148.3 Mln
- BP/ LN : Exxon, Chevron, BP Signed up for Brazil Pre-Salt Oil Round: ANP
- CE IM : Credito Emiliano First Quarter Net Income EU54.6 Mln
- DBK GY : Deutsche Bank Is Said to Name Huque CEO of U.S. Securities Unit
- EDP PL : EDP First Quarter Net Income 1.2% Below Estimates
- EDPR PL : EDPR Signs PPA to Sell Energy Produced by Broadlands Wind Farm
- FER SM : Ferrovial First Quarter Revenue 3.9% Below Estimates
- FCT IM : Fincantieri Chair Massolo May Head 5 Star-League Govt: Corriere
- HSBA LN : HSBC Bought Back 3.62M Shares at Avg 724.70 Pence Each May 10
- INW IM : Inwit First Quarter Revenue EU95.5 Mln
- MB IM : Mediobanca 3Q Profit Beats Estimates on Record-High Revenue
- MRL SM : Merlin Properties 1Q Net EU114.1m vs EU66.6m Y/y
- NRE1V FH : Nokian 1Q Headwinds Will Ease, Jefferies Upgrades to Hold
- NOVN SW : Fosun Pharma Is Said to Vie for $2 Billion Novartis Portfolio
- POLN SW : Polyphor Narrows IPO Price Range to CHF35/Shr to CHF38/Shr
- RNO FP : France Asked for Exemptions for Companies on Iran, Le Maire Says
- SGO FP : Sika, Saint-Gobain Reach Deal to End Takeover Battle
- SHI LN : SIG Vote to Reject Auditor After Warning on Profit Overstatement
- SIK SW : Sika, Saint-Gobain Reach Deal to End Takeover Battle
- STAN LN : StanChart Is Said to Market $1.5 Billion of Buyout Deals
- TKWY NA : Takeaway Offering by Holder Prices at EU46.25/Share
- TLX GY : Talanx Full Year Net Income Forecast 4.1% Below Estimates
- TPOU LN : *THIRD POINT MAY LAUNCH CO. TO RAISE MONEY IN AN IPO: REUTERS
- TKA GY : Thyssenkrupp Plans Acquisitions in Elevator Sector: WiWo
- FP FP : France Asked for Exemptions for Companies on Iran, Le Maire Says
- UBSG SW : Volatility’s Back, But UBS Urges Investors to Stick With Stocks
- UNI IM : Unipol First Quarter Combined Ratio Reported 94.1%
- US IM : UnipolSai First Quarter Combined Ratio Reported 94.3%
- ZAL GY : Zalando to Buy Back Up to EU50m for Stock Option Programs
- ZPG LN : *SILVER LAKE AGREES TO BUY ZPG FOR 490P IN CASH; ABOUT GBP2.2B