Asian stocks fell with U.S. equity futures as caution returned to global markets, with data showing continued weakness in China’s economy. The yuan dropped with the Aussie, while the yen edged higher with Treasuries.
Shares in Hong Kong and Japan bore the brunt of declines as equities fell across the region, though some losses were pared as the session progressed. Futures on the S&P 500 Index sank and the yuan dipped as a slew of Chinese economic data reinforced worries about the country’s slowdown. Japanese bonds ticked higher even as the central bank pared purchases at a regular operation for the first time since June, in the wake of the recent slide in yields.
US After Hours SBUX / COST -3%, ADBE -1.4% following earnings/guidance
Nikkei -2.02% Hang Seng -1.62% CSI -1.55% Shanghai -1.41% Shenzen -2.39%
Eur$ 1.1350 CNH 6.8895 CNY 6.8878 JPY 113.57 GBP 1.2614 CHF 0.9946 RUB 66.3915 TRY 5.3673 WTI$ 52.26 -0.59%
S&P -0.69% EuroStoxx -0.55% FTSE -0.84% Dax-0.65% SMI -0.66%
Macro :
- European Car Sales Slump for Third Month With No Sign of Rebound
- Citigroup Says Buy Global Stock Dip as Earnings Worries Overdone
- German Govt Wants to Tighten Rules for Foreign Takeovers: WiWo
- Goldman Still Prefers Strong Balance Sheets Amid Credit Concerns
Keep an eye on :
- AGS BB : Ageas Fails to Have FSMA’s Miscommunication Ruling Overturned
- AD NA : Ahold Delhaize’s AH To Go, Thuisbezorgd Cooperating in Amsterdam
- AIR FP : BOC Aviation to Purchase Two Airbus A350-900 Aircraft
- AJAX NA : Ajax Says CFO Jeroen Slop to Leave at End of Season
- AZN LN : Astra Study Suggests Combo Benefits Patients With More Mutations
- ATL IM : Cerchiai Intends to Resign From Autostrade Board
- AUTN SW : Autoneum Cuts 2018 Ebit Margin View on Restructuring Costs
- BKIA SM : Bankia Readies Sale of EU3B Real Estate Portfolio: Confidencial
- DIA SM : DIA to Propose Garcia-Legaz as New Chairman: El Confidencial
- DUFN SW : Dufry Wins New Five-Year Duty Free Concession at Kuwait Airport
- ELIO FP : Bertrand Corp. Stake in Elior Rises to 5% as of Dec. 7: AMF
- ELIS FP : Elis Announces Acquisition of Curantex
- GALP PL : Galp Plans to Invest EU45.2m at Its Sines Refinery Until 2023
- O2D GY : ZTE German Telefonica Deal to Expire at End-2018: Handelsblatt
- G24 GY : Germany’s Scout24 Exploring Potential Sale: FT
- GFS LN : speculation that its cash-handling business may attract bids after it’s split off
- GIVN SW : Givaudan in Talks to Buy Albert Vieille in Fragrance Expansion
- SHBA SS : Handelsbanken Has Closed 20% of Its Finland Branches, DI Says
- HNL GY : Dr Hoenle Full Year Ebit EU30.7 Mln
- ISR GY : Isra Vision Full Year Revenue EU152.5 Mln
- MC FP : LVMH Close to $2.6 Billion Deal to Acquire Belmond, WSJ Reports
- MGGT LN : Meggitt FY Consensus Too Low; Citi Says Buy on Civil Improvement
- MBTN SW : Meyer Burger Cuts 2018 Ebitda Target on Margin Pressure
- NG/ LN : National Grid Faces Potential Finl Penalty Enforcement Action
- NOKIA FH : Deutsche Telekom Re-Evaluates Purchasing After Huawei’s Troubles
- NDA SS : Nordea Has Fallen Behind on Cost Cuts, Gardell Tells Talouselama
- OVS IM : Retail Apocalypse Crushes BC Partners’ Clothing Company in Italy
- RI FP : Pernod Shares Imply 43% Likelihood of Elliott Success: Jefferies
- RNO FP : Ghosn’s Pay at Renault Found Compliant as Nissan Divide Widens --> 7201 JP -0.48%
- RNO FP : Nissan Board Had Approved Ghosn’s Discretion on Board Pay: Asahi
- RNO FP : Renault Shd Split CEO/Chairman Roles: Proxinvest in Challenges
- ROTH FP : French CAC Index Unchanged in Review; Rothschild to Join SBF 120
- RPS LN : RPS Group Held Takeover Talks With Charterhouse: FT
- SAB SM : Intrum Buys Banco Sabadell’s Real Estate Servicer Solvia
- SAL IM : Salini Ready to Pay Panama Obligations, Has Cash Available: CFO
- SFER IM : Salvatore Ferragamo Names Alessandro Corsi New CFO
- SCYR SM : Sacyr Says Panama Court Ruling Will Have No Impact on Results
- ALSEN FP : Sensorion’s Seliforant Meets Tolerability Main Goal in Study
- STAN LN : Standard Chartered Cuts More Than 200 Jobs in India: Reuters
- SOFTOXME NO : Softox Solutions to Offer Up to 680k Shrs NOK22/Shr
- SEV FP : Suez Has Been Picked by Toulouse for Water Contract, Debon Says
- TLG GY : TLG: Total Property Portfolio Value to Exceed EU4b as of Dec. 31
- ZURN SW : Zurich Again Proposes Jasmin Staiblin for Election to Board