Stocks in Asia climbed with U.S. and European equity futures, and Treasuries slipped as evidence of a pick-up in China’s manufacturing eased concerns about a global economic slowdown.
Chinese shares posted the biggest gains and equities climbed more than 1 percent in Japan, Hong Kong and South Korea, building on the biggest quarterly advance for Asian stocks since 2012. Both of China’s key manufacturing PMIs for March beat the highest estimate in Bloomberg surveys of economists, and indicated an acceleration in activity in the world’s No. 2 economy. The yen declined while Treasuries fell with Australian government bonds. Oil pushed higher. U.S.-China trade talks will resume when Vice Premier Liu He leads a delegation to Washington later this week.
Nikkei +1.43% Hang Seng +1.55% CSI +2.34% Shanghai +2.24% Shenzen +3.05%
Eur$ 1.1236 CNH 6.7149 CNY 6.7099 JPY 111.11 GBP 1.3061 CHF 0.9958 RUB 65.3671 TRY 5.5960 WTI 60.53 +0.65%
S&P +0.63% EuroStoxx +0.74% FTSE +0.17% Dax +0.85% SMI +0.56%
Macro :
- Germany's Equity Indices Celebrate Best Quarter in Four Years
- China to Continue With Tariff Suspension on U.S. Autos, Parts
- Huge Stock-Bond Volatility Disconnect May Not Mean VIX Explosion
- Growth at 13-Year Premium vs Value May Trigger Switch: Barclays
- Short-Sellers Might Be Running Short of Ideas: Taking Stock
Keep an eye on :
- ACS SM : Spanish Police Says ACS Bribed Catalan Party Convergencia: Mundo
- AIBG ID : AIB to Sell Gross NPE Portfolio of EU1b to Everyday Finance
- AIR FP : Airbus May Have Paid Bribes in 2003-2008 Egyptair Deals: Spiegel
- POST AV : Austrian Post May Buy Grawe’s Bruell Kallmus Bank: Standard
- AZN LN : AstraZeneca Says 44.4 Million Shares Placed at GBP60.50/Share
- BA US : EU Agency Said to Have Skipped 737 Max Meeting in Snub to Boeing
- CSGN SW :Credit Suisse Hires Whitlock for Algorithmic-Trading Sales Role
- DEB LN : Sports Direct Says Other Debenhams Holders Have Been in Contact
- DSV DC : DSV Hopes to Raise Panalpina’s Margins to Own Level, CEO Says
- EZJ LN : EasyJet Says Outlook for 2H More Cautious on Weaker Demand (1)
- EDF FP : *EDF-ODDO BHF HAVE ENTERED NEW LIQUIDITY CONTRACT ON MARCH 28
- ERICB SS : Ericsson Selected by Batelco to Deploy 5G in Bahrain
- FXPO LN : Ferrexpo Delays Results Again With Charity Probe Ongoing
- FCA IM : PSA Group, Fiat Chrysler Are Said to Explore Europe Venture
- FME GY : Fresenius Medical Sees No Effect on 2019, 2020 View From FCPA
- GLE LN : MJ Gleeson: Possible Sale of Strategic Land May Ensue
- HLAG GY : Hapag-Lloyd Found Hole in Ship Hull, Too Early To Assess Damage
- IAG LN : British Airways Unions Reject Pay Proposal, Prepare Next Move
- K US : Kellogg Nears $1-1.5b Deal to Sell Some Brands to Ferrero: CNBC
- MRK GY : FDA Approves Mavenclad to Treat Relapsing Multiple Sclerosis
- MCRO LN : Micro Focus Shareholders Reject Pay Report at AGM
- NDX1 GY : Nordex Gets Contract for Delta4000 Turbines in Argentina
- NOVN SW : Teva Drops Copaxone Patent Cases Against Novartis, Momenta
- NOVOB DC : Novo CEO Says Stem Cells Will Define His Success in Job: JP
- ORA FP : Orange a Safe Haven Trading at Discount, Raise to Buy: Berenberg
- OSR Gy : Osram CEO Reports ‘Good Progress’ in Talks With Bain, Carlyle --> +2.7% Pre Open
- PWTN SW : DSV to Buy Panalpina in $4.6 Billion European Logistics Deal --> +16%
- PETR4 BZ : Brazil’s Petrobras to Bid for Israeli Gas Licenses: Calcalist
- UG FP : PSA Group, Fiat Chrysler Are Said to Explore Europe Venture
- PPH LN : PPHE Hotel Gets Planning Consent for London Hoxton Development
- PUB FP : Alliance Data Unit Said to Draw Publicis, Goldman and Advent Duo (ADS US +3% in After Mkt)
- SRP LN : Serco Signs Contract Extension For Operating Dubai Metro
- SPM IM :Saipem Said in Talks to Exit Drilling Business With Two Sales
- SNR LN : Albany International Names Stephen M. Nolan as CFO & Treasurer
- TELIA SS : Telia Says Rules, Not Ownership, Safeguard National Security
- TUI LN : Hapag-Lloyd Found Hole in Ship Hull, Too Early To Assess Damage
- UBSG SW : UBS Said Mulling Singapore Office Consolidation: Business Times
- UCB BB : UCB Gets FDA Request for Additional Info on Midazolam Spray
- VWS DC : Vestas Receives 749 MW Order for Turbines From Brazil, U.S.
- VIV FP : Vivendi to Remain Vigilant That TI Board Acts for All Investors
- VOW GY : VW Seen Saving Mid-Three-Digit-Mln Euro Sum From Tech Pacts: HB