Asian Market - Following the declines seen in US equity markets on Friday’s session, Asian bourses have opened mixed. Steelmakers in Japan are also trading lower, with shares of Nippon Steel down by over 2%. In Australia, the ASX 200 Resources Index has risen by over 0.5%, after declining by 1.6% on Friday’s session. At the same time, the Hang Seng Materials index has declined by more than 0.7%. Shares of Aluminum Corp of China have declined by more than 1.4%, while Rusal has moved lower by over 1% following the release of its earnings report . Property developer, Country Garden, has gained over 7% in Hong Kong, as the company is due to be added to the Hang Seng index. Sunny Optical Technology, which is also due to be added to the index, has traded higher by more than 4%. Meanwhile, shares of Cathay Pacific and Kunlun Energy are trading lower by over 1% and 2.5% respectively, as both firms are due to be removed from the Hang Sang index. At the same time, the Hang Seng Information Technology index has rallied by more than 1%. Shares of PC gaming firm Razer have moved higher by over 40% in their trading debut. Japanese online gaming firm Nexon has gained over 7%, following the release of its earnings report and guidance. Amid today’s decline being seen in Japanese equity markets, the Topix Securities broker index has lost over 1%. Mega banks are also trading slightly lower, ahead of Mizuho Financial’s earnings release, which is expected later today.
Nikkei -1.32% Hang Seng +0.34% CSI +0.42% Shanghai +0.44% Shenzen +0.29%
Eur$ 1.1652 CNH 6.6524 CNY 6.6441 JPY 113.47 GBP 1.3099 CHF 0.9965 RUB 59.1539 WTI$ 56.80 +0.07%
S&P +0.05% EuroStoxx +0.20% FTSE +0.38% DAX +0.18% SMI +0.19%
Macro :
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- Aramco Still Discussing Where to List Shares in IPO: CEO
- Saudi King Will Not Relinquish Throne, Senior Official Says
Euro Has Nothing to Fear From the Italian Election: Macro View
Keep an eye on :
- AF FP : Air France, Deutsche Bank in Derivatives Contract on Amadeus
- AIR FP : Airbus Suffers Early Dubai Blow as Boeing Wins Surprise 787 Deal
- AIR FP : Airbus Hopes to Agree on Sale A380s Shortly, Bregier Tells SZ
- AIR FP : VietJet May Buy 787s or A350s as Airline Weighs U.S. Route:Thao
- AAPL US : Apple May Cut IPhone 8 Components Prices 10%-15%: Eco Daily
- BABA US : Alibaba’s Singles Day registers $25bn haul
- AMS SM : Air France, Deutsche Bank in Derivatives Contract on Amadeus
- AMS SW : Face ID Specialist AMS Is Still Looking Good, Stock of the iPhone X supplier, which has tripled so far this year, may have even more room to run - Barron's
- AUTN SW : Autoneum CEO Hirzel Says 2020 Sales Target is ‘Ambitious’: FuW
- CGG FP : CGG Sees Restructuring Plan in 1Q, Subject to EGM Approval
- CON GY : Continental Mulls Investment in Car Batteries: Automobilwoche
- ACA FP : Agricole Doesn’t See Return of Large European Mergers: Investir
- CSGN SW : Credit Suisse Activist in Contact With Qatar Investor: SamW
- DBK GY : Deutsche Bank Appoints Ephraimson Global Head of FX Sales in NY
- DPW GY : Deutsche Post Targets Sale of 100,000 Electric Vans: Stuttgarter
- DIS US : ‘Thor’ Outdraws ‘Daddy’s Home’, ‘Orient Express,’ to Stay No. 1
- ENGI FP : Engie Done With Major Asset Sales, Growth Focused: CEO to Figaro
- GLEN LN : Glencore Open to Potential Macquarie Proposal on Rolleston Mine
- HSBA LN : HSBC eager for acquisitions; Synchrony Financial, US credit card companies could be targets
- IGY GY : Innogy Recognised EU480m UK Impairment, Confirms FY Forecast
- LEO IM : Italy, France May Consider Leonardo, Thales Alliance: Repubblica
- LSE LN : LSE Non-Exec Directors Are Said to Back Chairman Brydon: Sky
- LHA GY : Lufthansa Seeking Additional Acquisitions, CFO Svensson Tells BZ
- LHA GY : Lufthansa Ready to Invest EU250m in Alitalia: Messaggero
- MC FP : LVMH shake-up marks generational shift in power, Observers suggest further changes are to come as Bernard Arnault fosters renewal - FT
- MAT US : Mattel Shares Rise 14% as WSJ Reports Renewed Hasbro Approach
- ML FP : Michelin Buys Agricultural Tire Inflation Cos. PTG and Teleflow
- NOVN VX : Novartis’ Narasimhan Sees Great Potential in CAR T-cell: NZZamS
- UG FP : Groupe PSA Creates JV With Algerian Partners for Car Production
- ORA FP : Orange CEO Richard Says He Would Like to Stay on in Job
- P1Z GY : Patrizia Immobilien Buys Triuva; Terms Undisclosed
- SGO FP : Saint-Gobain CEO Sees Recovery in French Construction, JDD Says
- GLE FP : Societe Generale Affirmed by S&P, Outlook Stable
- SOON VX : Sonova Plans Small Acquisitions to Boost Retail Growth, CEO Says
- HO FP : Italy, France May Consider Leonardo, Thales Alliance: Repubblica
- UNA NA : Unilever Faces Worker Demands Over Spreads Business: Telegraph
- VOW3 GY :