Asian stocks started the new quarter in a muted fashion, as investors assessed mixed data on the global economy amid concern over the coronavirus spread and Sino-American tensions.
Shares dipped in Japan on low volumes, with sentiment capped as confidenceamong large manufacturers in the country fell to the lowest since 2009. Stocks ticked higher in Shanghai, Sydney and Seoul. Hong Kong is closed for a holiday. S&P 500 futures slid after the gauge rounded out a 20% second-quarter surge with U.S. consumer confidence posting its biggest rise since 2011. Treasuries ticked lower and the dollar was flat. Gold was near $1,800 an ounce.
Traders also weighed a new national security law for Hong Kong, where China asserted broad new powers to rein in those who criticize its rule.
US After Hours FDX +9.1% up big in huge earnings beat, UPS +4.6% up in sympathy; SCS -7.6% lower on earnings miss
Nikkei -0.89%Hangh Seng +0.52% CSI +1.41% Shanghai +0.95% Shenzen +0.31%
Eur$ 1.1224 CNH 7.0733 CNY 7.0710 JPY 107.61 GBP 1.2363 CHF 0.9470 RUB 71.1962 WTI$ 39.62 +0.92%
S&P -0.48% NAsdaq -0.38% EuroStoxx -0.15% FTSE -0.29% Dax -0.32% SMI -0.36%
Macro :
- Crude Posts Best Quarter Since 1990 After Historic Price Crash
- FDA’s Hahn Says Covid-19 Therapeutics Pipeline Is Robust
- Italy Prepares 20B Euro Stimulus, Pushes Deficit to 11.6%: Rtrs
- German Minimum Wage to Rise 12% by 2022 to EU10.45: Ministry
- Gold Tops $1,800 for First Time Since 2011 With Virus Resurgence
- FDA Will Require a Covid-19 Vaccine Be At Least 50 Percent More Effective Than a Placebo
Keep an eye on :
- ADS GY : Adidas Global HR Head Karen Parkin to Step Down, Leave Company
- AENA SM : Aena Scraps Dividend Propsal for 2019 Earnings (1)
- AIR FP : Airbus To Cut 15,000 Jobs No Later Than Summer 2021
- AIR FP : Airbus Starts Record Restructuring With 15,000 Jobs to Go
- AAF LN : Airtel Sees Decline in Voice Calls Pressuring Revenues, CEO Says
- AMS SW : AMS Prices EU650m, $450m Notes Issued for Osram Purchase
- AMUN FP : Amundi Scales Up With Sabadell Acquisition Ahead of Time: React
- AAPL US : Apple 5G iPhone Production Facing 1-2 Month Delays, Nikkei Says
- ATL IM : Atlantia May Have Received Three Offers for Telepass Stake: Sole
- BMPS IM : Banca Monte Dei Paschi Exploring Merger With Banco BPM: Rtrs
- BYND US : Beyond Meat Enters China Retail Market With First Grocery Sales
- CLN SW : Clariant Is in Advanced Merger Discussions, T-A Reports
- COLR BB : Colruyt Buys 65% of Data Specialist Daltix, With Option for Rest
- DPW GY : FedEx Rallies Post-Market After Earnings Beat Estimates
- EQT FP : EQT Targets EU12.5b Fund size for EQT Infrastructure V
- ERF FP : Eurofins Launches Covid-19 Rapid Point-of-Care Testing Devices
- H24 GY : Home24 Sees Full Year Rev. Ex-FX At Least +15%, Saw +10% to +20%
- IMPN SW : Implenia Wins 4 Orders From Ina Invest Valued at Almost CHF200m
- INDV LN : Former Indivior CEO Thaxter Pleads Guilty in U.S. Opioid Case
- ITP FP : Interparfums to Buy 25% of WWW.ORIGINES-PARFUMS.FR
- LHA GY : Lufthansa: CEO to Temporarily Assume Responsibility for Finance
- MC FP : Prada +1.13%
- MRL SM : Office Giant Offers Hourly Rents as Spain Adjusts to Pandemic
- OR FP : L’Oreal CEO Says Internal Candidate Will Succeed Him Next Year
- UG FP : PSA’s Citroen Head Says Orders Coming Back Quickly Post-Lockdown
- UG FP : PSA Picks Opel Plant in Germany for DS4 Assembly, Les Echos Says
- PHA FP : Pharmagest Interactive Buys Majority Stake in Asca Informatique
- POG LN : UGC Questions Independence of New Petropavlovsk Directors
- POLY LN ; Polymetal Offering by Holder Prices 12.5m Shrs at GBP15.75/Shr
- PRX NA : Prosus Seeks to Kickstart M&A Drive With EBay Classifieds Bid
- REC BB : Recticel Sees ~EU210m Net Cash Proceeds From Unit Divestments
- RNO FP : French June Car Sales Up 1.2% Led By Renault, Foreign Cos: CCFA
- RMG LN : Times says investor’s increased stake spurred takeover speculation
- SAF FP : Pratt & Whitney Training Cited in 2018 United Jet Engine Failure
- RDSA LN : Shell Norco Expects to Restart Catalytic Reformer by Saturday
- RDSA LN : Shell Energy Europe to Buy Biogas From Denmark’s Nature Energy
- SGRE SM : Siemens Gamesa Receives Order to Supply 66 Wind Turbines in U.S.
- SLIGR NA : Sligro Loosens Covenants, Sees ‘Insufficient’ Basis ‘20 Dividend
- GLE FP : SocGen to Buy French Startup Shine: TechCrunch
- SOLG LN : SolGold Starts Formal All-Stock Offer to Buy Cornerstone (1)
- SEV FP : Suez Sees 1H Underlying Ebit Around EU320M-EU330M, Sees One-Offs
- SSPG LN : SSP Group to Announce Up to 5,000 Job Cuts in U.K.: Sky
- SNH GY : Steinhoff Full Year Loss EU1.6 Bln
- SWMA SS : Swedish Match Drops Bid to Block Rival Nicotine Pouches
- FP FP : Total’s Mozambique LNG Project Finalizing $15 Billion Financing
- VOW3 GY : Truck Maker Aiming for 400 Vehicle Sales Is Worth $1 Billion
- WDI GY : Wirecard Assets Are Attracting Interest, Administrator Says
- WDI GY : German Markets Watchdog Faces Wirecard Grilling From Lawmakers