Stocks in Asia fell as investors assessed the outlook for global growth with no end in sight for trade tensions. Oil prices jumped as a potentially devastating hurricane headed for the American east coast.
Equities declined in all major Asian markets, with Hong Kong shares consolidating after sliding into a bear market. Futures signaled a muted start for stocks in London. Two-year Treasury yields pulled back after hitting a decade high, as the U.S. sold debt and federal funds futures showed investors increasingly expecting two more rate hikes by year-end. Ten-year Treasury yields pared their advance toward 3 percent and the dollar steadied.
US After Hours FARM -4.7% following earnings/guidance, FOMX +52% on Phase 3 clinical trial update
Nikkei -0.27% Hang Seng +0.02% CSI -0.40% Shanghai -0.06% Shenzen -0.08%
Eur$ 1.1591 CNH 6.8807 CNY 6.8688 JPY 111.58 GBP 1.3006 CHF 0.9737 TRY 6.4410 WTI$ 69.93 +0.98%
S&P +0.05% EuroStoxx +0.21% FTSE +0.21% Dax +0.33% SMI +0.29%
Macro :
- Salvini Says Italy Budget Will Respect EU’s 3% Deficit Limit
- Oil Stocks May Extend Gains As WTI, Brent Continue to Rise
- Nouy Says Consolidation Needed to Boost EU Banks Profitability
- European Stocks Face a Gloomy Outlook Into Year-End: Macro View
Keep an eye on :
- AMS LN : Advanced Medical First Half Revenue GBP47.6 Mln
- ATL IM : Italy May Delay Autostrade Concession Revocation: Stampa
- BYG LN : Big Yellow to Raise GBP67m in Stock Placing to Fund Expansion
- CMBN LN : Cambian Group First Half Revenue GBP105.2 Mln
- COFB BB : Cofinimmo Buys German Nursing Home for EU19m at Yield of ~6%
- DBK GY : Axiom Loses Bid to Certify Class in Suit Against Deutsche Bank
- DTE GY : FCC Pauses Review of T-Mobile’s Sprint Merger
- DNLM FP : Dunelm Full Year Adjusted Ebitda Meets Estimates
- DMP GY : Dermapharm Sees Full Year Sales +20% To +25%
- EOAN GY : EON Estimates, PT Cut as Headwinds Build: Morgan Stanley
- SFER IM : Ferragamo Is Said Approached by PE, May Explore Sale: DealRep
- FRE GY : Akorn/Fresenius Ruling Not Likely in Coming Days: Deutsche Bank
- GFRD LN : Galliford Try Full Year Revenue Meets Estimates
- GLPG NA : Gilead, Galapagos: Filgotinib Meets Endpoints in Phase 3 Study
- HSBA LN : HSBC to Add Asia Private Banking Staff by 2/3 in 5 Years: Rtrs
- RMS FP : Hermes Reports Record Profitability in First-Half
- HOFI SS : Hoist Finance Offering Prices 8.12m Shares at SEK70/Share
- H24 GY : Home24 First Half Revenue EU151 Mln
- IPH FP : Innate Pharma Enrolled First Patient For IPH5401 Phase I Trial
- INDT SS : Indutrade CEO Says Company Reviewing Margin Target: DI
- ITX SM : Inditex First Half Ebit 1.1% Below Estimates
- IWG LN : IWG Says CFO De Daniel Is Leaving; Hageman Named For Interim
- JLEN LN : John Laing Environ Launches Placing, Offer for Subscription
- JUST LN :(Panmure Gordon says co. may conclude best option is to be part of a bigger group)
- LR FP : Legrand Confirms Office Inspection Took Place Sept. 6
- LIN GY : Linde/PX China Review Longer Than Expected: Cap Forum (Sept. 10)
- MITRA BB : Mithra Signs Pact for Estelle With Richter for Up to EU55m
- MRW LN : U.K. Law Firm Targets Morrison Supermarket in Equal Pay Claim
- REP SM : Repsol Seals Contract to Buy Up to EU4B of LNG: El Economista
- SAFE LN : Safestore Third Quarter Revenue GBP36.4 Mln
- SAN FP : Sanofi, Regeneron Get April 28 Pdufa on Praluent Heart Benefits
- SHP LN : Shire’s Veyvondi Gets EU Marketing Authorization for Adult Use
- SPSN SW : Swiss Prime Site Plans CHF330m Capital Increase
- TIFS LN : TI Fluid Share Sale by BC Omega Holdco Raises GBP157.2m
- UBER IPO : Uber Accused of Saving $500 Million a Year by Cheating Drivers
- UBSN SW : UBS’s Blessing Says Global Trade War Weighs on China: Reuters
- VAO GY : Vapiano 1H Sales Increase 14%; Adj. Ebitda, Margin Fall
- FHZN SW : Zurich Airport Aug. Traffic 3.1 Mln Passengers, up 5.5%
- ZEAL DC : Zealand Pharma Can Now Focus on Proprietary Treatments: MS