U.S. equity futures declined and the yen edged up as Sino-American tensions continued to flare, leaving Asian equities volatile.
Stocks fell in Tokyo and Seoul along with S&P 500 Index futures after President Donald Trump moved to curb Huawei Technologies Co.’s access to the U.S. market and American suppliers. Indexes in Hong Kong and China were modestly higher. Australian government bond yields plumbed fresh all-time lows and the Aussie fell as the unemployment rate unexpectedly rose, though the moves eased. Treasuries held steady after the two-year yield touched the lowest level since February 2018. Ten-year yields were at 2.37%. Oil rose above $62 in New York.
US After Hours VRTU -24%, DDS -7.5%, ZTO -4%, CSCO +2.5%, NTES +2% among earnings / guidance movers
Nikkei -0.69% Hang Seng +0.12% CSI +0.39% Shanghai +0.51% Shenzen +0.53%
Eur$ 1.1209 CNH 6.9115 CNY 6.8780 JPY 109.47 GBP 1.2844 CHF 1.0081 RUB 64.6833 TRY 6.0310 WTI$ 62.41 +0.63%
S&P -0.285 EuroStoxx -0.18% FTSE -0.03% Dax -0.27% SMI +0.34%
Macro :
- World Economy Rebound Thrown Into Doubt by Escalating Trade War
Keep an eye on :
- ABI BB : AB InBev Is Said to Add BNP, Citi, HSBC as Asia IPO Bookrunners
- ADP FP : Paris Airports April Passenger Traffic Rises 8.4%
- AED BB : Aedifica LFL Healthcare Rental Growth Accelerates After 9 Months
- AIR FP : MBDA’s Bouvier to Return to Airbus as Head of Strategy: Rtrs
- AKE FP : Arkema to Buy Arrmaz for Enterprise Value of $570m
- ALC SW : Alcon First Quarter Net Sales Meet Estimates
- ALT FP : Altran to Buy Back Up to EU150 Million Shares
- AMBUB DC : Ambu’s Single-Use Endoscopes Questioned By Danish Doctors: JP
- AAL LN : Twin Fates of Iron Ore, Miners Rest With Trade War: Macro View
- POST AV : Austrian Post First Quarter Net Income Gains to EU43.3 Million
- BBY LN : Balfour Beatty on Track to Meet Full Year Expectations
- BAYN GY : Bayer’s Vitrakvi Data Further Confirms Efficacy and Safety
- EN FP : Bouygues 1Q Current Op. Loss Narrows To EU58m, Beating Est.
- BRBY LN : Burberry Full Year Comparable Sales Miss Estimates
- CO FP : Klein Is Said to Seek Investors to Buy Casino's Via Varejo Stake
- CBK GY : Commerzbank to Hold Supervisory Board Meeting May 21: Reuters
- CNP FP : CNP Assurances First Quarter Ebit EU640 Mln
- DBK GY : Deutsche Bank Australia Deputy CEO Cincotta Retires: Australian
- DEO GY : Deutsche Euroshop 1Q FFO Per Share EU0.62 Vs. EU0.61 Y/y
- DIA SM : Barclays Sells Rights It Held Over DIA Debt: El Confidencial
- ERICB SS : Watch Nokia, Ericsson on Cisco’s Guidance, U.S. Huawei Moves
- ENX FP : *BOUJNAH SAYS EURONEXT WANTS TO BUY ALL SHARES OF OSLO BORS
- RF FP : Eurazeo SE First Quarter Net Asset Value Per Share EU78.60
- FER SM : Brookfield Joins Race to Buy Ferrovial Service Unit: Cinco Dias
- FRU GY : Ferratum First Quarter Revenue EU73.2 Mln
- G IM : Generali 1Q Net Income Rises 28%, Helped by Disposals
- GMS LN : Mike Turner to Be Appointed to Gulf Marine Services Board: Sky
- HOME SM : Apollo, Cerberus Interested in Neinor Stake: El Economista
- III LN : 3i Has Plan in Mind to Expand Action Stake When Fund Expires: FD
- INW IM : Inwit First Quarter Revenue Misses Lowest Estimate
- KBC BB : KBC Group First Quarter Net Income Beats Highest Estimate
- KVW NA : VolkerWessels Confirms FY Outlook, 1Q Ebitda EU19 Mln (1)
- KWS GY : KWS Saat Sees Full Year Ebit Margin High End Of 10% To 12%
- LSE LN : FTSE Russell to Consider A Share Weight Increase After 1H 2020
- DRLCO DC : Maersk Drilling 1Q Revenue Matches Estimates; Outlook Kept
- NESN SW : Nestle in Talks to Sell Skin Health Unit; EV CHF10.2b
- NEX FP : Nexans Board Names Jean Mouton as Chairman
- NOKIA FH : Watch Nokia, Ericsson on Cisco’s Guidance, U.S. Huawei Moves
- NKT DC : NKT First Quarter Adjusted Revenue EU205.4 Mln; Outlook Kept
- NN NA : NN First Quarter Net Income Beats Highest Estimate
- NOVN SW : Novartis May Agree to $1B Settlement to End Kickback Case: Stat
- PAT GY : Patrizia Immobilien First Quarter Operating Income EU24 Mln
- RNO FP : Nissan Finalizes Board Nominations; Saikawa to Stay CEO: Nikkei
- ROG SW : *GENENTECH GETS FDA NOD FOR VENCLEXTA PLUS GAZYVA IN LEUKEMIA
- RKET GY : Best Use of Rocket Internet’s Cash Is Going Private: Berenberg
- ROTH FP : Rothschild Open to Acquisitions in Europe: Les Echos
- RRTL GY : RTL Group 1Q Rev. Rises 7.2%; Full-Year Forecast Confirmed
- SAL IM : Salini Says Orders in First 5 Months EU5b
- SAP GY : SAP, New Zealand Government Sign Cloud Framework Agreement
- SBMO NA : SBM Offshore 1Q Adj. Revenues Rise 18%; FY Views Maintained
- SEM PL : Semapa First Quarter Net Income EU39.7 Mln
- SCM IM : Solutions Capital Mgmt Raised to Outperform at EnVent S.p.A.
- SON PL : Sonae First Quarter Net Income EU18.3 Mln
- SOPH LN : Sophos Full Year Revenue 2.1% Above Estimates
- SPX LN : Spirax Gets New Buy as Berenberg Dives Into U.K. Industrials
- SRCG SW : Sunrise Raises FY Adjusted Ebitda Views to CHF613M-CHF628M (1)
- TKWY NA : Takeaway.com Payments Granted P2D2 License by Dutch Central Bank
- TKA GY : Kone Explores Possible Bid for Thyssenkrupp Elevator Unit: Rtrs
- TCH FP : Technicolor Proposes to Appoint Anne Bouverot as New Chair
- TOM2 NA : TomTom to Repay ~EU750 Million From Telematics Sale on May 27
- UBI FP : Ubisoft 4Q Net Bookings Rise 25% to EU676.7m, Missing Outlook
- UQA AV : Uniqa First Quarter Net Income Misses Estimates
- VIE FP : LG Shortlists Four Bidders for Water Treatment Units: Daily
- MF FP : Wendel Net Asset Value Per Share EU167.70
- WEW GY : Westwing Holder Rocket Internet Reports 9.51% Voting Rights
- WIE AV : Wienerberger Confirms Outlook, Sees ‘Numerous’ Uncertainties
- ZO1 GY : Zooplus First Quarter Pretax Loss EU4.5 Mln