Asian stocks traded mixed Tuesday as investors awaited fresh developments on the trade-war front. With U.S. yields on the rise again, a weakening yen gave Japanese stocks a boost.
Hong Kong stocks teetered on the brink of a bear market, weighed down by technology stocks, while equities in Shanghai drifted near the lowest level since January 2016. Relatively cheap valuations also helped Japanese shares outperform. The MSCI Asia Pacific Index lingered near a one-year low. U.S. two-year yields hovered near the highest level in a decade in the run-up to an anticipated Federal Reserve interest-rate hike later this month.
US After Hours LMNR -16%, SONO -14%, MTRX -13%, CDMO +17%, CASY +5% following earnings/guidance
Nikkei +1.22% Hang Seng -0.33% CSI -0.15% Shanghai -0.15% Shenzen +0.05%
Eur$1.1616 CNH 6.8753 CNY 6.8661 JPY111.46 GBP 1.3054 CHF 0.9746 TRY 6.4611 RUB 70.39 WTI$ 67.62 +0.12%
S&P +0.15% EuroStoxx +0.15% FTSE +0.10% Dax +0.18%SMI +0.12%
Macro :
- Brazil Hedge-Fund Legend Increases Bet on Stocks Ahead of Vote
- North Korean Leader Kim Seeks Second Summit With Trump in Letter
- U.K. Brexiteers Are Said to Brace For New Fight Over EU Laws
- Beer Companies to Face More Difficult 2019, Berenberg Says
Keep an eye on :
- AALB NA : Aalberts Acquires Precision Stamping Co. Co-Planar; No Terms
- ARL GY : Aareal Bank Reaches Deal to Buy Düsseldorfer Hypothekenbank
- ABN NA : UniCredit May Consider BBVA, ABN Amro for Possible M&A: MF
- AABA US / 4689 JP : Altaba to Sell Yahoo Japan Shrs at 354 Yen/Shr
- AKRX US / FRE GY : Akorn News Interest Up, Shares Down; No Events; Peers Flat
- ARYN SW : Aryzta in Standby Underwriting Pact for EU800M Capital Raise
- ARYN SW : Aryzta Amends Debt Covenants Ahead of Capital Increase
- BBVA SM : UniCredit May Consider BBVA, ABN Amro for Possible M&A: MF
- BID US : Sotheby’s Gets Bearish Mention in Grant’s Interest Rate Observer
- BMW GY : VW Email to Daimler Suggests Defeat-Device Talks With BMW: HB
- CGG FP : CGG to Apply for Delisting of American Depositary Shares
- DOKA SW : dormakaba Full Year Net Sales Match Estimates
- ILD FP : Italy’s Auction of Speedy 5G Airwaves Generates $2.9 Billion
- FWB IM : Fastweb rumoured to interest Xavier Niel
- FRE GVY : Regulator’s Akorn Plant Review Uncovers Data-Integrity Issues
- INGA NA : ING CFO Timmermans to Step Down After Money Laundering Probe
- INS GY : Deutsche Bank Starts Offering for 18.3M, Half of Instone Shares
- LYFT IPO : Kingdom to Buy Shares in U.S. Ridesharing App Lyft From Alwaleed
- MDW FP : Mediawan Reorganizes Into Four Business Groups
- NAS NO ; Norwegian Air to Halt London-Singapore Flights in Jan.: Times
- NXPI US : NXP Semi Looks Poised to Rebound as Investor Day May Quell Fears
- ORY SM : Oryzon Receives Spain’s Approval for Phase IIa Ory-1001 Trial
- PGHN SW : Partners Group First Half Ebitda Beats Estimates
- PFC LN : Algeria to Renegotiate $600m Contract With Petrofac: Sonatrach
- PSX US : Berkshire Hathaway Reports Less Than 5% Phillips 66 Stake
- REP SM : Repsol Acquires Solar Producer Valdesolar: Expansion
- RYA LN : Ryanair Pilots, Cabin Crews Plan One-Day German Strike Sept. 12
- SCR FP : Covea Is Said to Keep Scor Listed After Takeover: Les Echos
- SEBA SS : SEB Says Global Economy Is Headed Toward ‘End of Upturn Phase’
- SBMO NA : SBM Offshore Reaches Final Settlement of Yme Insurance Claim
- SONO US : Sonos Sinks as FY18 Outlook Fails to Exceed Highest Estimates
- TIT IM : Italy’s Auction of Speedy 5G Airwaves Generates $2.9 Billion
- UCG IM : UniCredit May Consider BBVA, ABN Amro for Possible M&A: MF
- DG FP : Vinci Immobilier In Exclusive Talks to Buy Urbat Promotion
- VOW3 GY : VW Email to Daimler Suggests Defeat-Device Talks With BMW: HB