Japanese stocks led the Asia-Pacific region higher after a drop in the yen, and U.S. equity futures advanced on news of a deal among American lawmakers to avert another federal government shutdown. Treasury yields ticked higher.
The dollar held gains, trading near the strongest since early January, having recouped most of the losses stemming from the Federal Reserve’s dovish pivot since the start of the year. U.S. futures added to gains as President Donald Trump spoke at a rally without casting any immediate shadow over a deal in principle among legislators to fund the government. With high-level trade talks looming, he also said he doesn’t want China to have a “hard time.”
The yuan stabilized onshore after a Monday drop. Australian and Korean shares saw modest gains, while the Hong Kong and Shanghai benchmarks fluctuated. European futures tipped a firmer open.
US After Hours VRNS -20%, CMP -9%, CHGG +9%, BRKR +4%, BHF +3% following earnings/guidance, EA +6% on latest Apex Legends update
Nikkei +2.61% Hang Seng +0.08% CSI +0.72% Shanghai +0.66% Shenzen +1.16%
Eur$ 1.1284 CNH 6.7858 CNY 6.7755 JPY 110.53 GBP 1.2866 CHF 1.0043 RUB 65.73 TRY 5.2693 WTI$ 52.59 +0.34%
S&P +0.52% EuroStoxx +0.47% FTSE +0.17% DAX +0.72% SMI +0.31%
Macro :
- European Cash Volumes ‘Very Weak’ Year-to-Date: Morgan Stanley
- May Seeks More Time for Brexit Talks as No-Deal Split Fears Grow
Keep an eye on :
- AF FP : Dutch Finance Minister Backs KLM Airline CEO Elbers: FT
- AST IM : Salini Rescue Plan for Astaldi in Final Stages: Messaggero
- BKIA SM : Spanish Banks Face Downside Risk From Rebased Rates: Jefferies
- BARC LN : Barclays Might Use Buybacks to Mute Bramson Attack, Analysts Say
- BVIC LN : Britvic Shares to Take a Break, Rating Cut at Morgan Stanley
- CEC GY : Ceconomy to Eliminate Organizational Duplication: Handelsblatt
- CEVA SW : CMA CGM to Keep Ceva Listed in Zurich if Doesn’t Get All: Echos
- COFA FP : Coface Full Year Net Income 2.3% Above Estimates
- DIA SM : *DIA STARTS ROADSHOW AHEAD OF CAPITAL INCREASE: EXPANSION
- EDF FP : Levy Likely to Be Reconfirmed as CEO of France’s EDF: Figaro
- ELK NO : Elkem Fourth Quarter Revenue 3.0% Above Estimates
- ERICB SS : Ericsson, Intel Partner on Next-Generation Hardware Management
- EI FP : Essilor International Says Agreed to Buy Germany’s Brille24
- ENX FP : Euronext Says Equity Cross-Book Issue Has Been Resolved
- ENX FP : European Cash Volumes ‘Very Weak’ Year-to-Date: Morgan Stanley
- GEN DC : Genmab Gets U.S. FDA Approval of Darzalex Split Dosing Regimen
- GBG LN : GB Group to Acquire IDology for $300m Enterprise Value
- KER FP : Kering FY Recurring Operating Income EU3.94b, Est. EU3.89b, *KERING'S GUCCI 4Q COMPARABLE SALES GROWTH 28.1%; EST. 27%
- KVAER NO : Kvaerner Fourth Quarter Adjusted Ebitda Misses Estimates
- LEHTO FH : Lehto FY Op. Profit Falls More Than 40% as Net Sales Rise
- MRK GY ; Merck KGaA, Pfizer: FDA Accepts SBLA for Bavencio plus Inlyta
- B4B GY : Metro Profit Falls on Russia Price Cuts, Ruble Devaluation
- ML FP : Michelin CEO Forecasts Operating Income Growth in 2019
- MITRA BB : Mithra Signs 20-Yr Pact for Myring W/ Itrom Pharma Group in UAE
- MOB SS : Moberg Pharma, Bayer Sign License Pact for MOB-015 in Europe
- MOB SS : Moberg Pharma Divests OTC Business for $155m; Ebitda Beats Est.
- NETB SS : NetEnt Fourth Quarter Revenue Meets Estimates
- NRS NO : Norway Royal Salmon Cuts Full Year Harvest Forecast
- H24 GY : Home24 Shuffles Board, Extends Co-CEO Schaback’s Contract
- PWTN SW : Artisan Partners Encourages Panalpina to Reevaluate DSV Offer
- PSG SW : *PROSEGUR, PROSEGUR CASH REFINANCE TOTAL EU500M DEBT: EXPANSION
- RAND NA : Randstad Fourth Quarter Revenue Meets Estimates
- REC NO : REC Silicon Fourth Quarter Ebitda Loss $3.8 Mln
- RNO FP : Nissan CEO to Meet With Renault Chairman in Japan: Kyodo
- G24 GY : Scout24 Full Year Revenue Meets Estimates
- SPI LN : Spire Faces Worsening Market, CS Gives Street-Low Price Target
- TETY SS : Tethys Oil Sees 2019 Production Average 12,000-13,000 Bopd
- TUI LN : TUI’s Seasonal First-Quarter Loss Doubles on Heat Wave, Brexit
- UNI SM : *UNICAJA WEIGHS SELLING REAL ESTATE PORTFOLIO IN 2019: EXPANSION
- VONN SW : Vontobel FY Net New Money CHF5b, Sees ‘Challenging’ 2019
- WES NA : Wessanen Sees Full Year Adjusted Ebit Margin +8% To +9% (1)
- WIHL SS : Wihlborgs Full Year Rental Income Meets Estimates
- XXL NO : XXL Fourth Quarter Ebitda Misses Estimates