The rally in risk assets faded on Thursday, with Asian stock indexes trading mixed and the yen recovering, as concerns about rising U.S.-China tensions offset signs of a better-than-expected start to the earnings season. The dollar and Treasuries steadied.
While shares rose in Japan, gains fizzled in Hong Kong and China, and U.S. and European futures declined. News of U.S. prosecutors investigating Huawei Technologies for allegedly stealing trade secrets weighed on sentiment despite strong profits at Goldman Sachs and Bank of America that buoyed the S&P 500 Index Wednesday. The pound was steady after Prime Minister Theresa May’s government won a no-confidence vote, as widely expected.
US After Hours FUL -10%, CSX / AA / KMI -2% following earnings/guidance, CARS +8% on strategic alternative review news
Nikkei -0.20% HAng Seng -0.40% CSI-0.55% Shanghai -0.42% Shenzen -0.94%
Eur# 1.1374 CNH 6.7795 CNY 6.7699 JPY 108.87 GBP 1.2856 CHF 0.9921 RUB 66.4302 TRY 5.3708 WTI 52.01 -0.57%
S&P -0.46% EuroSToxx -0.52% FTSE -0.41% Dax -0.49% SMI -0.35%
Macro :
- May Wins Confidence Vote and Opens Cross-Party Brexit Talks
- Industrials Face Further Downside With Increased Risk: Liberum
Keep an eye on :
- ABF LN : AB Foods Christmas Sales Exceeded Forecast, Outlook Unchanged
- AF FP : Air France-KLM to Cut 33 Jobs in Italy: Unions
- AIR FP : Airbus Sees North America as Largest Single Market for A220 Jet
- AIR FP : Airbus Sees Decision This Year on New Boost to A320 Output Rate
- ALO FP : Alstom 3Q Orders EU3.39B; Says Siemens Deal Approval Uncertain
- ANTO LN : Antofagasta Says William Hayes to Step Down as Director
- APPL US : Apple Is Said to Plan Hiring Reductions Amid IPhone Woes
- AZN LN : AstraZeneca Will Show Growth for 2018, CEO Tells Dagens Industri
- BARC LN : Barclays Hires GS’s Titus for Finl Institutions Group in Canada
- BBVA SM : BBVA Seeks Gonzalez’s Resignation From Honorary Post: Economista
- BEI GY : Beiersdorf Full Year Sales Meet Estimates
- CGG FP : CGG: Sercel, Apave in Partnership for Structural Health
- CHG LN : Chemring Group Full Year Adjusted Operating Profit GBP31.0 Mln
- CHR DC : Chr. Hansen First Quarter Adjusted Ebit Below Estimates
- COV FP : Covivio Sells EU482M Non Strategic Assets
- DEQ GY : Deutsche Euroshop Reports Prelim. 2018 Pre-Tax Loss About EU61m
- DSV DC : DSV Won’t Speculate on Panalpina Counter-Bid, CEO Tells FuW
- EXPN LN : Experian Third Quarter Organic Revenue At Constant FX +9%
- ENEL IM : Enel Sells Solar Plants, Wind Park in Brazil for EU700m
- FOUR LN : 4imprint Full Year Revenue Beats Highest Estimate
- GEBN SW : Geberit Full Year Sales Meet Estimates
- GMD LN : Game Digital Says Comparable Sales Rose 2% in Christmas Period
- GVC LN : GVC Fourth Quarter Net Gaming Revenue +5%
- HOC LN : Hochschild Will Likely Put Arcata Into Care and Maintenance: UBS
- IPN FP : Ipsen Presents Study on New Fast-Acting Recombinant Neurotoxin
- LLBN SW : Liechtensteinische LB 2018 Net New Money Inflow CHF1.3b
- B4B GY : Metro Has Fastest Growth in Six Quarters on Eastern Europe, Asia
- MOWI NO : Mowi Fourth Quarter Ebit 4.7% Below Estimates (1)
- NANO FP : Nanobiotix to Offer ADR
- COX FP : Nicox Says Cash Position Shrank to EU22M at End of December
- BWNG LN : N Brown Revises Full Year Net Debt Forecast
- NAS NO : Norwegian Shuts Bases, Cuts Routes to Trim Costs and Pare Losses
- NFLX US : Netflix Options Show 50% Rally From December Lows May Continue
- NOKIA FH : Huawei, ZTE Would Be Denied U.S. Parts Under Bipartisan Bill
- NOVN SE : Novartis Rebuffed in PTAB Challenges to Daiichi Cancer Patents
- PFD LN : Premier Foods Third Quarter Sales -2.2%
- RNO FP : France’s Le Maire: It’s Time for Renault to Replace Ghosn
- RNO FP : France Abandons Ghosn, All But Ensuring Renault CEO’s Ouster
- SGE LN : Sage First Quarter Organic Revenue +7.6%
- SAN FP : Diabetes Pill Seen With Chance of a Coin Flip Ahead of FDA Panel
- SBO AV : Schoeller-Bleckmann Full Year Sales 1.6% Below Estimates
- SNBN SW : SNB’s Jordan Sees Risk in Changing Monetary Policy: Aargauer
- GLE FP : SocGen 4Q Hit by Global Capital Markets, IFRS 5 Accounting
- UCB BB : Amgen and UCB’s Bone Drug Evenity Wins Broad FDA Panel Backing
- VOE AV : Voestalpine AG Prelim 9-Month Figures Below Market Expectations, Voestalpine Cuts Profit Outlook for Second Time in Three Months
- VOLVB SS : Fredrik Lundberg Bought 880,000 Volvo Shares in 4Q: Direkt
- WTB LN : Whitbread Third Quarter U.K. Comp Sales -0.6%
- WKP LN : Workspace Third Quarter Average Lettings Per Month 98
- XPD LN : Xpediator in Talks With Intereuropa’s Holders on Sales Process