Asian stocks, U.S. and European futures dipped Thursday as investors weighed earnings reports from American banks and fading chances of a stimulus deal in Washington before next month’s presidential election. The dollar and Treasuries ticked higher.
Shares in Hong Kong and South Korea saw the biggest losses, while Chinese stocks outperformed. U.S. shares retreated Wednesday with Wells Fargo & Co. and Bank of America Corp. both falling after disappointing investors. Goldman Sachs Group Inc. outperformed after earnings beat expectations.
Australian bond yields and the local dollar dropped, and stocks pushed higher, after the Reserve Bank of Australia governor said the central bank is considering whether buying longer-dated bonds would spur hiring. The pound steadied as investors awaited more news on Brexit negotiations. The baht dipped with stocks in Thailand after a state of emergency was declared in Bangkok to crack down on anti-government protesters.
US After Hours FSLY -26.6% down sharply as it lowered Q3 rev guidance; VRTX -11.4% drops on clinical news; SNBR +9.4% is no-snooze fest, stock up big on robust earnings
Nikkei -0.56% Hang Seng -1.21% CSI +0.07% Shanghai +0.03% Shenzen -0.35%
Eur$ 1.1755 CNH 6.7141 CNY 6.7207 JPY 105.24 GBP 1.3024 CHF 0.9128 RUB 77.7496 WTI$41.01 -0.07%
S&P -0.15% Nasdaq -0.49% EuroStoxx -0.64% FTSE -0.60% Dax -0.55% SMI -0.49%
Macro :
- Watch French Leisure Stocks as Macron Sets Paris Covid-19 Curfew
- Merkel Warns Germany Won’t Be Able to Afford Second Virus Wave
- France to Go Ahead With Digital Tax, Risking U.S. Tariffs
- Germany’s Scholz Eyes Brexit Breakthrough at ‘the Last Moment’
- France to Reimpose State of Health Emergency: AFP
- Macron Announces Curfew in Major French Cities to Stem Covid
- Berkshire Hathaway Forms Partnership for Italian Bad Debt: Sole
Keep an eye on :
- AAL LN : Anglo American Sees Grosvenor Ops Suspended Until 2H 2021 (1)
- ABN NA : ABN Amro Money Laundering Probe Nears Settlement: Telegraaf
- AC FP : Macron Sets Paris Covid-19 Curfew
- AIR FP : ElringKlinger, Airbus in Venture for Fuel Cell Tech for Aviation
- AIR FP : ElringKlinger builds on high power density of its fuel cell technology to target aviation market
- ALFA SS : Alfa Laval Lowers Acceptance Level for Neles to More Than 50%
- ALE PW : Allegro Cuts Debt by 651.7M Zloty After Refinancing
- AMZN US : EU Antitrust Regulator May Narrow Probe Into Amazon: Reuters
- ATRLJB SS : Atrium Ljungberg Nine Month Rental Income SEK1.79 Bln
- ATL IM : Autostrade Stake Could Cost CDP-Led Group EU8b w/Discount: Sole
- BAYN GY : America’s Soy Farmers Paralyzed by Uncertainty Over Weed Killer
- BMW GY : BMWs Will Be Recalled Over Battery-Fire Risk, Handelsblatt Says
- IAG LN : Marshall Wace Reveals 3% Holding in British Airways Owner IAG
- CA FP : Carrefour Sweetens Bio C’ Bon Offer to EU60M, Les Echos Reports
- DRW3 GY : Draegerwerk Prelim Third Quarter Ebit About EU127 Mln
- ENGI FP : Engie Puts Industrial Maintenance Unit Endel Up for Sale: Echos
- FSLY US ; Fastly Plummets After Tension Over ByteDance Curbs Sales
- FDJ FP : FDJ 3Q Stakes Rise 6% to EU4.4b, Sales Stable at EU0.5b
- LONN SW : Lonza Sees 2023 ‘Double-Digit’ Sales Growth, ROIC
- B4B GY : Metro Raises FY Adjusted Ebitda View, FY Sales Down 5.4.%
- MOWI NO : Mowi Prelim Third Quarter Ebit About EU80 Mln
- NELES FH : Alfa Laval Lowers Acceptance Level for Neles to More Than 50%
- PUB FP : Publicis Narrows Revenue Decline in 3Q, Warns of Tougher 4Q
- REC NO : REC Silicon to Offer Up to NOK1b Shrs, REC Silicon Offering Prices 92.6m Shares at NOK10.80/Share
- REC NO : REC Silicon Property Tax Dispute Settled With Grant County, WA
- RNO FP : Renault Bolsters Electric Lineup After Squandering Sales Lead
- ROG SW : Roche Third Quarter Sales Miss Estimates
- SIE GY : Fluence Buys Advanced Microgrid To Expand Battery Business
- TRVX NO : Targovax Offering Prices 10.3m Shares at NOK7.25/Share
- HO FP : European Moon-Lander Project Pits Airbus Against Thales
- URW NA : Niel, Bressler to Block Unibail Plan to Boost Capital: Figaro
- VIV FP ; Amber Capital Says It Hasn’t Sold Any Lagardere Shares
- VOW GY : Traton Sets Deadline for Navistar Offer at Oct. 16, 6pm CET
- ZIL2 GY : ElringKlinger builds on high power density of its fuel cell technology to target aviation market