US Future se with China’s stocks and the yuan, taking encouragement from pledges to support the nation’s economy. Japanese equities declined after a deep contraction in GDP.
China’s CSI 300 Index recouped all of its losses since trading resumed after the Lunar New Year break, with the central bank lowering one of its interest rates and saying it would support firms that can restart production as soon as possible. European futures also climbed, and the strong China open helped limit losses in Japan. Treasuries aren’t trading due to a U.S. holiday. The yuan rose, as did the Aussie. Otherwise, Asian markets saw a mixed start to the week.
Macro :
- White House Considering Tax Incentives to Buy Stocks: CNBC
Keep an eye on :
- ARL GY : Aareal Bank Unit Could Soon Be Worth More Than Parent: Activist
- ABBN SW : *CEVIAN CAPITAL VOTING RIGHTS IN ABB RISE TO 5.92% FROM 5.3%
- ABI BB : AB InBev to Unwind SAB Zenzele, Proposes New 5.4b Rand BEE Deal
- AIR FP : Airbus Defense Unit to Start Talks on Job Cuts, Reuters Reports
- AF FP : KLM Could Make Airbus Switch to Replace Boeing 737s: Telegraaf
- AF FP : Air France-KLM’s Transavia Awarded Algeria Flights, JDD Reports
- ALO FP : Alstom Reaches Deal to Buy Bomardier’s Train Unit, WSJ Reports
- BOL SS : Inventory Spike Hits Metals, Boliden Bounces: EU Materials Wrap
- IAG LN : British Airways Names Jason Mahoney as Chief Operating Officer
- CA FP : Carrefour Brazil To Buy Makro Stores for BRL1.95b
- CERV IM : Cerved in Exclusive Talks With Intrum for Credit Management Sale
- CSGN SW : Corporate Earnings Seen Growing 5% to 8% in 2020: CS’s Strobaek
- DAI GY : Daimler Won’t Extend Achleitner’s Board Mandate: Handelsblatt
- SMDS LN : DS Smith Is Said to Consider Sale of European Paper Mills
- EVT GY : Evotec: Morgan Stanley Voting Rights Fall to 6.52% Feb 7
- EO FP : Faurecia Sees ‘Solid’ Sales Growth, Margin Improvement in 2020
- FER SM : Ferrovial Sounding Out Interest for U.K. Units, Telegraph Says
- ICAD FP : ICADE Full Year Group NCCF/Shr Beats Highest Est.
- JUP LN : Jupiter Deal Would Fit With Strategy, Canaccord Says
- NESN SW : Nestle Plans Full Exit of Herta Brand Over Time, CEO Tells FuW
- RET BB : Retail Estates to Buy Fully Let Project in Maastricht for EU10m
- SAF FP : Trump Administration Considers Halting GE Venture’s Engine Deliveries to China - WSJ - https://on.wsj.com/2SwCFIL
- SHED LN : Urban Logistics REIT Raises GBP130m With 137.5p/Share Placing
- SPOR SS : Footway Offers to Buy Sportamore for SEK439 Million
- TSLA US : Tesla’s Berlin Factory Preparation Works Halted by German Court
- UBSG SW : UBS CEO Wants to Wait for France Ruling Before Leaving Role: T-A
- VOW3 GY : FAW-Volkswagen to Fully Restart Production in Coming Days
- WDI GY : Wirecard Accused of Ignoring Alleged Fraud in Indian Sale
- ZAL GY : Amazon Isn’t an Imminent Risk to Zalando, Bernstein Says