Stocks in Asia seesawed Wednesday after a mixed bag of data on China’s economy that followed a topsy-turvy session for U.S. shares. Oil extended its rout, while the pound stabilized after its recent bounce.
Japanese stocks came off their highs of the day, while shares declined in Hong Kong, China and South Korea. Australian equities underperformed, as energy producers weighed. European futures pointed to a weaker open. Earlier, U.S. equities ended lower as optimism over trade talks with China was offset by the plunging crude price, which dropped more than 7 percent Tuesday. The pound maintained gains amid optimism the U.K. and the European Union have agreed upon a draft Brexit divorce deal. Treasury yields were flat and the dollar remained near an 18-month high.
US After Hours MTSI +7%, SVMK / PETQ +6% are higher, while AMRS -31%, CDLX -14%, SWCH -6%, WIX -5% are lower following earnings/guidance
Nikkei +0.16% Hang Seng -0.58% CSI -1.11% CSI -1.09% Shanghai -0.95% Shenzen -0.50%
Eur$ 1.1281 CNH 6.9501 CNY6.9509 JPY 113.90 GBP 1.2994 CHF 1.0074 TRY 5.4831 RUB 68.1571
S&P -0.09% EuroStoxx -0.78% FTSE -0.33% Dax-0.72% SMI -0.54%
Macro :
- U.K. Cabinet Will Meet at 2pm Today
- Brexit in the Balance as May Asks U.K. Cabinet to Back Her Deal
- German Economy Contracts 0.2% Q/q in 3Q; Est. -0.1% Q/q
- Italy Populists Stand Firm on Budget, Presenting EU Dilemma (1)
Keep an eye on :
- AAL LN : Alrosa Follows De Beers, Dalio Loyal to Gold: N.A Materials Wrap
- ACCEL NA : Pon Acquires 2,176,430 Accell Shares Representing 8.2%
- ACHC US : Acadia/Universal Deal Would Face Antitrust Issues: Credit Suisse
- ADJ GY : ADO Properties Still Sees FY FFO I at least EU66 million (1)
- ADV SM : Adveo to Seek Voluntary Creditor Protection
- AGS BB : Ageas Third Quarter Net Income Misses Estimates
- ALO FP : Alstom 1H Adjusted Ebit Up 58%; 1H Orders Up 125%
- AMS SM : Travelport Gains on Report Nearing Sale to Rival Amadeus
- BALN SW : Baloise Nine Month Business Volume CHF7.07 Bln
- BC8 GY : Bechtle Third Quarter Revenue Beats Highest Estimate
- CO FP : Casino Aug. 31 Share Drop Studied By AMF, Ophele Tells Les Echos
- DASNKE DC : Danske Warns Whistle-Blower of Risks Before Hearings: Borsen
- DWNI GY : Deutsche Wohnen Ups FY FFO I View, Now Sees EU473m-EU478m (1)
- EDF FP : EDF Sees FY Ebitda Towards High End of Guidance, CFO Says
- ENGI FP : Engie Extends Doel-1 Reactor Outage Until Jan. 31 From Dec. 10
- EOAN GY : EON Reports Profit Gain, Eyes Synergies From Innogy Takeover, EON Narrows 2018 Profit Guidance to Upper Half of Range
- RF FP : Eurazeo in Talks With EMZ to Sell Vignal Lighting Majority Stake
- FUR NA : Fugro Sets Ebit Margin Target of 8%-12% for Mid-Term 2021-2023
- FLYB LN : Flybe Exploring Sale or Merger With a Rival: Sky News
- GEO IM : Geox Nine Month Revenue EU672.4 Mln
- GSC1 GY : Gesco Revises Full Year Net Income Forecast
- IAG LN : British Airways, Iberia Airlines Settle With DOJ on False Claims
- INH GY : Indus Holding Nine Month Ebit EU116.1 Mln
- LEO GY : Leoni Third Quarter Net Income EU23.1 Mln
- PWTN SW : Panalpina Needs to Look at All Strategic Options: Cevian in FuW
- MS IM : Mediaset 3Q Net Loss Narrows; Co. Expects Improvement in 4Q
- MLP GY : MLP Nine Month Operating Ebit EU22.9 Mln
- NDA SS : Nordea Names Frank Vang-Jensen Head of Personal Banking
- NLFSK DC : Nilfisk Third Quarter Revenue EU254 Mln
- PAT GY : Patrizia Immobilien Nine Month Operating Income EU98.1 Mln
- PRU LN : Prudential Says 9M Life Insurance New Business Profit Up 12% (1)
- RBI AV : Raiffeisen Third Quarter Net Income Beats Estimates
- RILBA DC : Ringkjobing Landbobank Nine-Month Core Earnings DKK841 Mln
- ROTH FP : Rothschild & Co Third Quarter Revenue EU454 Mln
- SAE GY : Shop Apotheke: Adj Ebitda Margin Expected Up to -2% vs -0.5%, Shop Apotheke Nine Month Revenue EU388.5 Mln
- SBANK NO : Sbanken Third Quarter Net Income Meets Estimates
- SAP GY : SAP’s L-T Rating Affirmed at A2 by Moody’s, Outlook Stable
- SZG GY : Salzgitter Nine Month Pretax Profit EU284.6 Mln
- SCR FP : Scor Acknowledges Thierry Derez’s Decision to Resign From Board
- SCR FP : Sobi Upgraded to Buy at SEB Equities; PT 210 Kronor
- SHP LN : Weber Sees Takeda Getting More Than 66% Vote on Shire: Nikkei
- SKFB SS : SKF CEO Has Sent Letter to Managers Asking Them to Cut Costs: DI
- LNSX GY : Sixt Leasing Third Quarter Revenue EU205.8 Mln
- TIT IM : Conti Says Will Guarantee Business Continuity for Telecom Italia
- WDI GY : Wirecard Boosts FY Ebitda Views; 3Q Ebitda Beats Estimates
- ZO1 GY : Zooplus Third Quarter Pretax Profit EU1.6 Mln