Stocks fell with the Australian dollar as China trade data showed a worse-than-expected slump amid the trade war, reigniting concerns about global growth. Treasury futures indicated a decline in yields.
Losses in Asian equities were most pronounced in Hong Kong, while futures pointed to lower open for sessions in Europe and the U.S. amid signs January’s rally in risk assets is abating. The yuan held on to recent gains as Goldman Sachs Group Inc. lifted its forecast for China’s currency. Japan is closed for a holiday, so Treasuries won’t trade until the London open. Chinese trade slumped in December, sending regional stocksand the Australian dollar lower, as an unexpected fall in both exports and imports underlined the impact of the trade war and economic slowdown.
Exports in dollar terms fell 4.4 percent from a year earlier, while importsdropped 7.6 percent. Both were the worst result since 2016, and left a trade surplus of $57.1 billion.
Nikkei Closed Hang Seng -1.55% CSI -0.91% Shanghai -0.71% Shenzen -0.81%
Eur$ 1.1475 CNH 6.7727 CNY 6.7654 JPY 108.17 GBP 1.2852 CHF 0.9834 RUB 67.2332 TRY 5.54 (-1.38%)
S&P -0.76% EuroStoxx -0.52% FTSE -0.50% Dax -0.62% SMI -0.47% Turkey -0.95%
Macro :
- China 2018 Vehicle Sales Have First Annual Drop Since 1990
- OPEC+ Deal Can Sustain Oil at $60 a Barrel: Oman Oil Minister
- Two Big Producers Just Called a Bottom for Oil: $60 a Barrel
- Qatar Plans to Boost U.S. Assets to $45 Billion From $30 Billion
Keep an eye on :
- ALV GY : Bill Gross’s Bond Fund Assets Decline Below $1 Billion
- ALO FP : German Watchdog Has ‘Serious’ Doubts on Alstom-Siemens Deal: FT - https://on.ft.com/2QKEduK
- AMS SM : Amadeus Names Stefan Ropers as Senior Vice-President
- AMZN US : Bezos Divorce Will Cover Amazon’s Billions but Could Be Simple
- ATL IM : Atlantia Ready to Pay EU439m to Rebuild Genoa Bridge: Reuters
- BARC LN : Barclays Faces Est. GBP30m Legal Fees Bill: Telegraph
- BMPS IM : League Lawmaker Signals Possible Paschi ‘Problem’: Ansa
- BMPS IM : Paschi to Buy Remaining Shares in Perimetro Gestione
- BMPS IM : Paschi Says ECB Urged Bank to Deliver on Restructuring Plan
- BINCK NA : BinckBank, Saxo Say Making Good Progress With Takeover
- BMW GY : NADA Sees 2019 U.S. New-Auto Sales at 16.8m: Detroit Free Press
- BNP FP : BNP Paribas Is Said to Shut $3 Billion Prop Trading Arm
- BT/A LN : Telecom Italia Is Said to Explore Bid for BT’s Italian Business
- CRG IM : Moody’s Places Banca Carige’s Long-Term Ratings Under Review
- CBK GY : Deutsche Bank, Commerzbank CEOs Met Regulary in Past Months: HB
- CON GY : *CONTINENTAL SEES 2019 SALES ABOUT EU45-47B, EST. EU46.6B
- DAI GY : NADA Sees 2019 U.S. New-Auto Sales at 16.8m: Detroit Free Press
- DBK GY : Deutsche Bank, Finance Ministry Held 23 Talks as Woes Worsened
- DLG GY : Dialog Semi Fourth Quarter Revenue Misses Lowest Estimate
- EDF FP : France to Study Lower-Carbon Fuels for Cordemais Coal Plant
- ELIOR FP : Elior Expects Bids for Areas Unit by End January: Reuters
- ENI IM : Eni Signs Onshore Exploration Concession Accords With Sharjah
- ENI IM : Oman to Award Italy’s Eni an Oil Exploration Block on Monday
- ENI IM : Italy’s Eni Sees Oil Averaging $60 to $62 A Barrel This Year
- ENX FP : Euronext Launches EU625m Cash Offer for Oslo Bors
- FRA GY : Fraport Dec. Frankfurt Passengers Up 7.8%
- IWG LN : IWG Is Said Offer Spaces Brand for Sale in Challenge to WeWork
- DEC FP : JCDecaux Says It Decided Not to Submit Bid for Sydney Contract
- BAER SW : Julius Baer Proposes Romeo Lacher as Chairman To Replace Sauter
- LO24 GY : ISS Recommends Zeal Shareholders to Approve Lotto24 Acquisition
- MC FP : Tiffany Investors Brace for More Blues as Holiday Report Looms
- MDXH BB : MDxHealth FY Revenue $28.3M vs $40.5m in 2017
- MSFT US : Microsoft Wins $1.76 Billion U.S. Navy Contract
- NFLX US : Netflix’s $45 Billion Rally Sets Up Earnings Showdown Next Week
- 973 HK : L’Occitane to Buy Elemis for $900m From Steiner Leisure, Nemo UK
- PROX BB : Belgium’s Telco Minister Wants State to Exit Proximus: Belga
- RADH SS : Radisson Board Committee Says Owners Should Decline Raised Offer
- RNO FP : Renault to Pay Bonus to 80% of Its French Workers, Union Says
- QFR NO : Q-Free Exploring Strategic Alternatives, Including Combinations
- SEBA SS : Dagens Industri Recommends Readers Buy Shares in SEB Bank
- SLACK IPO : Slack Is Said to Plan for Direct Share Listing Instead of IPO
- SQ US : Square’s Head of Product Mary Kay Bowman Leaves for Visa
- TIT IM : Telecom Italia’s Conti Urges Vivendi to Await Holder Meeting
- TIT IM : Telecom Italia Is Said to Explore Bid for BT’s Italian Business
- FP FP : PNG Wants Exxon, Total, Oil Search to Fund LNG Expansion: AFR
- UNI SM : Unicaja, Liberbank Merger to Have Malaga Headquarters: El Mundo
- DG FP : Vinci Airports 4Q Traffic up 7.2%; Total 195m Passengers in 2018
- VIV FP : Telecom Italia’s Conti Urges Vivendi to Await Holder Meeting
- VOW3 GY : NADA Sees 2019 U.S. New-Auto Sales at 16.8m: Detroit Free Press