Investors got a reprieve from the recent turmoil with Asian stocks recovering from their worst weekly rout since 2011 as volatility swept global markets. The dollar declined against major peers ahead of key U.S. inflation data.
Shares in Hong Kong and China, which bore the brunt of last week’s selloff, rose as did South Korean equities after the S&P 500 Index jumped on Friday and the futures extended gains as the trading week got underway in Asia. Japan is closed for a holiday. Australian banks weighed on the benchmark there at the start of a sweeping inquiry into the nation’s financial system. Oil traded below $60 a barrel.
Nikkei Closed Hang Seng +0,59% CSI +1.29% Shanghai +0.78% Shenzen +2.65%
Eur$ 1.2286 CNH 6.3157 CNY 6.3052 JPY 108.65 GBP 1.3853 CHF 0.9383 RUB 57.93 WTI
S&P +0.68% EuroStoxx +1,90% FTSE 1.62% DAX 1.93% SMI +1.65%
Macro :
- EU’s Vestager ‘Disappointed’ No Class-Action Suits in Europe: RP
- JPMorgan Sees ‘Severe’ Unwind by Systematic Strategies Ending
- Goldman Says Energy Selloff is Chance to Build Long Positions
- XIV Is Just the Tip of the Iceberg for This Hedge Fund Investor
- U.S. Budget Director Warns Interest Rates May ‘Spike’ on Deficit
- U.K. Household Spending Has First January Dip Since 2013: Visa
Keep an eye on :
- AIR FP : Airbus Has Halted Deliveries of Pratt-Powered A320neos: IndiGo
- AIR FP : Airbus: Munich Prosecutor Ends Eurofighter Austria Probe
- AIR FP : Airbus Firms First Batch of $16 Billion Emirates Order for A380s
- AKRX US : Akorn Up as Much as 4.5%; Fresenius Spokesman Says No Updates
- AKZA NA : Apollo, PGGM Is Said to Be in Joint Bid for Akzo Unit: FT
- AMZN US : Amazon-Driven Jitters Make FedEx a Buying Opportunity: Cowen
- MT NA : ArcelorMittal Is Said to Be Reviving $4.7b India Unit Plan: DNA
- BABA US : Alibaba to Invest 5.45b Yuan for 15% Stake in Beijing Easyhome
- BAS GY : BASF Is Said to Have Been Defrauded by Contractors: Rheinpfalz
- ARW US : Arrowhead Pharma 1Q Loss Per Share Wider Than Est.
- BKIA SM : Bankia, Unions Reach Accord on Staff Reduction: Europa Press
- BMC SOft IPO : BMC Software Is Said to Explore IPO With >$10B Valuation: Rtrs
- BMPS IM : Paschi Chairman Says Possible Govt Change Won’t Affect Bank Plan
- BPE IM : BPER Banca CEO Says Lender Focused on NPLs Reduction Plan
- BPL PL : Banco BPM May Consider M&A Opportunities From End of 2019: CEO
- AFX GY : Carl Zeiss Meditec First Quarter Ebit EU38.9 Mln
- CGG FP : CGG Says 71.9M New Shares to Be Isssued in Restructuring
- DAI GY : Daimler CEO Said to Have Earned Less Than EU10m in 2017: FAS
- DELIVEROO IPO : Deliveroo Is Said to Consider IPO in Next 12-18 Mos.: S. Times
- DEZ GY : Deutz Flags Improved 2017 Sales, Profit on Engine Demand: Welt
- ENGI FP : Engie Holds Extraordinary Meeting on Tuesday: Les Echos
- ELE FP : Euler Hermes Full Year Net Income 1.2% Below Estimates
- GPLG BB : Galapagos CEO Seeking Protection Against Possible Takeover: FD
- FPM LN : Faroe Sells Fenja Stake in Norway to Suncor for $54.5M Cash
- ICAD FP : Icade Posts FY Net of EU170.3M; to Acquire ANF Immobilier
- ISP IM : Intesa Sanpaolo Chairman Says ‘Confident’ on Reaching NPL Deal
- JMT PL : Jeronimo Martins Plans to Seek New Market to Grow, Expresso Says
- KORS US : Michael Kors Growth Profile Questionable, JPMorgan Says
- GVC LN : Ladbrokes Coral Says FY Op. Profit at Top End of Forecasts
- HEIA NA : Heineken NV Full Year Organic Beer Volume Misses Estimates
- LLOY LN : Lloyds to Gauge Interest on EU5b Mortgage Book Sale: S. Times
- MELI US : MercadoLibre Falls Most Since Oct. Amid Amazon Warehouse Reports
- NOVN VX : Novartis Loses Bid to Challenge One AbbVie Patent on Humira
- NOVN VX : Novartis Says Unaware of Swiss Investigation Linked to Greece
- OME BB : Perrigo Demands EU1.9B Over Omega Pharma Sale: De Standaard
- PHIA NA : Philips to End Cleveland Diagnostic Imaging Manufacturing Ops
- PAH3 GY : Audi, Porsche to Share Electric Car Platform:Stuttgarter Zeitung
- RNO FP : Renault Performance Chief Mueller Is Said to Step Down: Reuters
- RNO FP : Renault Board Member Desmarest Is Said to Resign: Reuters
- RIO LN : Rio Tinto Is Said to Consider Pacific Aluminium Unit IPO: AFR
- ROG SW : Genentech’s Antibody RG7716 Shows Improvements in Phase II Study
- RYA LN : Ryanair Says It Will Shed U.K. Investors in Hard Brexit: Times
- SDRL NO : Seadrill Says It’s Close to Resolution of Restructuring Conflict
- SIXT GY : Sixt Sees Earnings for 2017 to Be ‘Substantially’ Higher
- SNAP US : Snap Lures Instagram Advertisers by Offering Free Ads: Recode
- TDC DC : TDC Chairman Says Would Be Wrong to Split Up Company: Berlingske
- TSCO LN : UK’s Tesco Is Planning A Chain of Discount Stores: Reuters
- VIV FP : Universal’s ‘Fifty Shades’ Tops Weekend Box Office: ComScore
- VONN SS : Vontobel Agrees on Untaxed Asset Settlement W/German Authorities
- WG/ LN : John Wood Group Wins Five-Year Contract With Saudi Aramco