Stocks were mixed in Asia and futures pointed to a firm start for equity markets in London and New York as investors assessed whether the recent rallies can endure. The pound slid as U.K. Prime Minister Theresa May fought to keep her Brexit divorce plan alive.
Shares drifted for most of the Asian day, with equities in Japan and Hong Kong little changed, while they gained in China. The region’s stocks shrugged off leads from a weak U.S. session on Friday when large-cap tech stocks dragged the Nasdaq 100 Index to a loss of more than 1.5 percent. Oil prices snapped a 10-day sell-off after the bear market for crude spurred OPEC and its allies to start laying the groundwork to cut supply in 2019. Yields on 10-year Treasuries, which don’t trade Monday thanks to a U.S. holiday, ended just below 3.2 percent on Friday.
Nikkei +0.09% Hang Seng +0.23% CSI +0.98% Shanghai +0.99% Shenzen +2.21%
Eur$ 1.1279 CNH 6.9565 CNY 6.9619 JPY 114.17 GBP 1.2882 CHF 1.0089 TRY 5.5086 RUB 67.7079 WTI$ 61.08 +1.48%
S&P +0.35% EuroStoxx +0.41% Dax +0.45% FTSE +0.74% SMI +0.47%
Macro :
- Italy Considers Only Tweaks to Budget Ahead of EU’s Deadline
- EU’s Juncker Sees Brexit Deal Being Agreed in Coming Weeks
- Scholz Seeks Binding EU Digital Tax Deal in Dec Meeting: Spiegel
- Pressure Mounts on Theresa May to Abandon Brexit Proposal
Keep an eye on :
- AGS BB : Ageas Fails to Have FSMA’s Miscommunication Ruling Overturned
- AGRO LI : Ros Agro Third Quarter Adjusted Ebitda 3.5% Below Estimates
- AIR FP : Airbus Order Tally Shows Biggest Neo Customer Upgraded 125 Jets
- ALM SM : Almirall 9M Net Income EU93.2 Mln Vs. Loss EU99.7 Mln Y/Y
- AZA IM : Alitalia may have Lufthansa return as bidder
- BA/ LN : BAE Faces Typhoon Order Hit on German Saudi Arms Ban, Times Says
- BKIA SM : Calvino Tells ABC It’s Not the Right Moment to Sell Bankia
- BATS LN : FDA Plans to Pursue Ban on Menthol Cigarettes: WSJ
- BT/ LN : BT Global Services to Cut Customer Base to 800 Companies: FT
- CNP FP :Banque Postale’s Weber Sees Consolidation W/ CNP in 2020: Echos
- CSGN SW : Credit Suisse escapes criminal action over $2bn Mozambique scandal - FT
- CYAD BB : Celyad: Patients Showed Stabilization in Solid Tumor Program
- DPW GY : Deutsche Post Hopes for Nod on Letter-Postage Hike in 1Q: Bild
- DMGT LN : Daily Mail Owner Mulls Bid for Johnston's i Newspaper: Sky
- DUST SS : Dustin to Receive ~SEK695m in Oversubscribed Rights Issue
- ENX FP : Euronext Third Quarter Ebitda Beats Highest Estimate
- FRE GY : Chile Antitrust Court Orders $25.6m Fine For Fresenius Kabi Unit
- GTO NA : EU to Approve With Conditions Thales’s Bid for Gemalto: Reuters
- HMB SS : Nordea Fund Raises H&M Stake, Sees Market View Too Negative: DI
- HSBA LN : *HSBC PLANS TO REBUILD ITS PRESENCE IN BRAZIL: FT
- IFX GY : Infineon Fourth Quarter Adjusted EPS Beats Estimates
- KINVB SS : Buy Kinnevik Shares, Dagens Industri Tells Its Readers
- LXS GY : Lanxess Third Quarter Adjusted Ebitda Beats Highest Estimate
- MAR PL : Martifer Wins EU118m Contract to Build 2 Polar Expedition Ships
- NESN SW : Nestle May Divest Thomy Mayonnaise/Mustard Brand: Samw
- NDA SS : Nordea Lowers Mortgage Rates in Sweden
- OTTELO NO : Otello Third Quarter Revenue $64.9 Mln Vs. $72.2 Mln Q/Q
- QSC GY : QSC Ups 2018 Revenue Forecast, Affirms EBITDA Forecast
- RIO LN : Rio Tinto Ltd. Completes A$2.871b Off-Market Buyback
- SAN FP : Sanofi Says Praluent Associated W/ Fewer Deaths From Any Cause
- SAN SM : Blackstone to Manage EU5B Portfolio for Santander: Expansion
- SAP GY : SAP SE to Buy Qualtrics International for $8 Billion Cash
- SGL GY : SGL Carbon to Expand Bonn Site as Demand Grows: Euro am Sonntag
- SIM DC : SimCorp Third-Quarter Revenue Misses Lowest Estimate
- TGS NO : TGS, AGS to Co-Invest in Multiclient Ocean Bottom Node Projects
- TIT IM : Telecom Italia may sell off Inwit to reduce debt
- TIT IM : Telecom Italia Denies Report Board to Seek CEO Genish’s Ouster
- TOM2 NA : TomTom Gets Bids From 3 Private Equity Firms, TMT Finance Says
- TNG FP : Transgene Positive Results From Phase 1 of Tg1050
- FP FP : Total to Develop Satellite Oil Fields in Angolan Block
- FP FP : Total Wins 40 Percent Stake in Abu Dhabi's Adnoc Gas Concession
- VIV FP : Vivendi Will Vote Against Any Drive to Oust Telecom Italia CEO
- VIV FP : Vivendi poised to hire six banks for Universal Music stake sale
- VT9 GY : VTG Executives to Sell Shares While Opposing Morgan Stanley Bid
- VOLVB SS : Volvo Cars Gradually Dropping Mobileye for Zenuity, CEO says
- VOW3 GY : VW to Vote on Accelerating Electric Car Plans on Friday: FT
- FHZN SW : Zurich Airport Sees Revenue Cut From FOCA Proposal