Asian equities traded mixed after U.S. shares showed little direction ahead of corporate earnings and following data confirming the economy remains on solid footing. Treasuries steadied.
Japan’s Topix index fell with shares in Hong Kong and Shanghai, while those in Korea gained and a report of impending cost cuts at Australia’s largest bank lifted equities in Sydney. U.S. futures were little changed before the first-quarter reporting period begins in earnest Friday with results from JPMorgan Chase & Co. and Wells Fargo & Co. The 10-year Treasury yield stayed below 2.50 percent and the dollar steadied. The euro pushed higher.
US After Hours ATI -3% following guidance, ALK +3% on March metrics
Nikkei +0.73% Hang Seng -0.24% CSI -0.13% Shanghai +0.07% Shenzen +0.03%
Eur$ 1.1288 CNH 6.7238 CNY 6.7200 JPY 111.83 GBP 1.3060 RUB 64.5291 CHF 1.0027 TRY 5.7881 WTI$ 63.86 +0.44%
S&P +0.11% EuroStoxx -0.18% FTSE +0.16% CAC -0.05% Dax -0.18% SMI -0.19%
Macro :
- *CHINA MARCH TRADE BALANCE $32.64 BLN; EST. $5.70 BLN
- Brexit Costs Pile Up for U.K. Plc and Long Delay Suggests More
Keep an eye on :
- ALV GY : Allianz Wants to Spend Up to 3 Billion Euros Annually: HB
- ATRLJB SS : Atrium Ljungberg Boosts Full Year EPS Forecast
- BARC LN : Barclays' Dirty Laundry Now, Unhelpfully, in Full View: BI React
- BAYN GY : Roundup Judge Orders Bayer to Mediation, Cancels May Trial (1)
- BON LN : Bonmarche Says Philip Day Offer ‘Materially Undervalues’ Company
- CIBUS SS : Cibus Nordic Real Estate Rated New Accumulate at Inderes
- CO FP : Casino Signs Commitments on Sale of Four Loss-Making Stores
- CBK GY : Some Berlin Officials Not Worried About Deutsche Bank Merger: FT
- DBK GY : Will Making Big, Messy Deutsche Bank Bigger Solve Its Problems?
- DIA SM : DIA, Telepizza to Be Removed From IBEX Small Cap Index
- DIA SM : Banks Close to Agreement on DIA Refinancing Plan: Cinco Dias
- EDF FP : EDF: Flamanville Recommendations Could Impact Schedule, Cost
- ETO LN : Entertainment One Offering Prices 28.9m Shares at GBP4.50/Share
- ETL FP : Eutelsat Potential Tax Savings Mean Shares Too Cheap: Berenberg
- FABG SS : Fabege First Quarter Rental Income Meets Estimates
- FRE GY : Fresenius CEO Sees No Need for Impairments on Goodwill: WiWo
- G IM : AIA, Generali Eye Investing in China’s Pension Market: Reuters
- GREEN BB : Greenyard Gets 15-Month Covenant Waiver From Lenders
- JMT PL : Jeronimo Martins Appoints Ana Luisa Virginia as CFO
- KESKOB FH : Kesko March Sales Fall 1.1% as Cars and Groceries Contract
- NEX LN : National Express Buys 60% Stake in WeDriveU For $84.3m Cash
- NOVOB DC : Novo CEO Says U.S. Insulin Price System Is Locked: Berlingske
- OHL SM : OHL Renews Credit Line, Boosts Amount to EU315M: El Economista
- PETS LN : Pets at Home Offering by Holder Prices 54.3m Shrs at GBP1.48/Shr
- UG FP : PSA Group Likely to Meet EU’s 2021 Emissions Goal: JPMorgan
- PLUS LN : Plus500 1Q Revenue ‘Disappointing’ Amid $28m Loss on Client Bets
- PSM GY : ProSiebenSat.1 Deputy CEO Rules Out Takeover by Mediaset: Rtrs
- REE SM : Red Electrica Mulls IPO of Fiber Optic Unit: Cinco Dias
- RUI FP : Rubis Shares Sold by Orfim for EU237M, Credit Agricole Says
- SAN FP : Sanofi’s Libtayo Gets Canada Notice of Compliance W/Conditions
- SAN SM : Santander Seeks to Buyout Mexico Unit Holders All-Stock Deal (1)
- SOW GY : Software AG First Quarter Revenue EU201.4 Mln
- SOFF NO : Solstad Offshore: Solship Invest 3 to Suspend Interest Payment
- UNI SM : Unicaja Mulls Selling Fund Management Unit: Expansion
- VWS DC : Vestas Agrees to Acquire 25.1% Minority Stake in Sowitec Group
- DG FP : Vinci Airports 1Q Traffic Increases 6.4%