Stocks in Asia rose after encouraging U.S. earnings buoyed sentiment, while Treasuries held gains as trade concerns lingered. The yuan climbed amid a report the U.S. is asking China to keep its currency stable as part of the negotiations.
Shares in South Korea and Hong Kong led the region, with Japan also climbing. Australia and China underperformed. Earlier, the S&P 500 Index advanced after profit at Walmart Inc. lifted retailers and home builders got a push from higher housing activity. Still, gains were tempered as worries remained the trade truce will end March 1 without a deal, leading to fresh tariffs. The yen slipped after Japan’s trade deficit came in wider than expected.
US After Hours CDNS / CRMT +8%, NVTA / FIVN +5% are higher, while TVTY / LC -8%, TX -6%, TXRH -3% are lower following earnings/guidance
Nikkei +0.60% Hang Seng +0.90% CSI +0.30% Shanghai +0.13% Shenzen +0.23%
Eur$ 1.1337 CNH 6.7291 CNY 6.7266 JPY 110.962 GBP 1.3049 CHF 1.0020 RUB 65.88 TRY 5.2877 WTI$ 56.16+0.12%
S&P +0.02% EuroStoxx +0.28% FTSE +0.09% Dax +0.37% SMI +0.22%
Macro :
- S&P 500 Earnings Beats Reap Biggest Rewards Since 2012: BofAML
- Police Seize Over EU700m From Italy Banks on Diamond Probe: Ansa
- Credit Suisse, Goldman Downplay Market Risks From Earnings Slump
Keep an eye on :
- AED BB : Aedifica First Half Adjusted EPS EU1.74 Vs. EU1.58 Y/Y
- ASRNL NA : ASR Nederland Full Year Operating Profit Meets Estimates
- AF FP : Air France-KLM Board to Propose Renewing Elbers’ KLM Mandate
- AF FP : Air France-KLM Annual Profit Drops 31%, Fares Lower This Quarter
- AGS BB : Ageas Fourth Quarter Net Income Misses Estimates
- MT NA : ArcelorMittal May Buy Essar’s Hazira Assets for 100B Rupees: ET
- ATE FP : Alten Expects ‘Satisfactory’ Organic Sales Growth in 2019
- ATL IM : Atlantia Independent Director Monica Mondardini Resigns
- ATL IM : Airline Departures From Rome Ciampino Suspended Wednesday: Ansa
- AV/ LN : Aviva Wins Green Light to Transfer Assets out of U.K. on Brexit
- BAMNB NA : BAM Full Year Adjusted Pretax Profit Beats Highest Estimate
- BESI NA : BE Semiconductor Expects 1Q Sales Drop of About 15% vs. 4Q
- BETSB SS : Betsson Concerned with ’Cooling Off Period’ in New Gambling Law
- BILL SS : Billerud to Seek M&A When Financial Position Allows It: DI
- CTEC LN : Most Unloved ConvaTec Has Scope For Re-Rating, Jefferies Says
- CSGN SW : Credit Suisse Has Only One Sell Remaining as Berenberg Upgrades
- DIA SM : DIA Hires PWC to Seek Buyers for Stores Set to Close: Expansion
- ZIL2 GY : ElringKlinger Shares Fall As Co. Proposes Dividend Suspension
- FME GY : Fresenius Medical to Buy Back Up to EU1b in Shares Over 2 Years
- FME GY : FTC to Require Fresenius, NxStage to Divest Assets for Deal
- GFC FP : Gecina Sees FY 2019 Recurrent Net/Share Growth of Around 2%
- HAL NA : El Corte Ingles Sells Opticians Unit to GrandVision: Cinco Dias
- IBE SM : Iberdrola to Carry Out Share Buy-Back For Up to EU1.15B
- LR FP : Legrand Acquires U.S.-Based Universal Electric
- MED SW : Medartis FY Sales Growth, Adj. Ebitda Margin Lower End of Range
- MEKO SS : Mekonomen CEO Says Key Focus Is to Raise Profitability: DI
- MMT FP : M6 Full Year Ebita Beats Highest Estimate
- MOWI NO : Mowi Says Inspected by EU at Sites in Scotland, Netherlands
- NAS NO : NAS Says HBK Will Sell 10.4 Million Subscription Rights
- NETC DC : Netcompany Offering by Holder Prices 3.1m Shrs at DKK216.55/Shr
- NXI FP : Nexity Expects Sales, Ebitda to Rise at Least 5% in 2019
- NOVOB DC : Novo Nordisk’s Esperoct Gets FDA Approval, Launch Seen Post 2020
- RED SM : Red Electrica to Invest EU6 Billion Over Five Years
- RNO FP : Ghosn Charged Renault-Nissan Alliance for Rio Party: L’Express
- RENE PL : REN Says Govt Approved EU535.1m Power Grid Plan For 2018-2027
- SAN FP : Sanofi’s Dengue Vaccine Suffers Setback as Philippines Bans Drug
- SCST SS : Scandi Standard 4Q Adj. Operating Profit Fell to SEK102 Mln
- SCR FP : Scor Full Year Net Income Misses Estimates
- SCR FP : SCOR: Jean-Paul Conoscente Is Promoted to CEO of Scor Global
- SEN GY : Senvion Preliminary Fiscal 2018 Revenue Misses Estimates
- SEN GY : Senvion Warning is ‘Deja Vu,’ Estimates May Be Halved: Citi
- SOI FP : Soitec, Simgui Raise Prod Capacity of 200mm SOI Wafers in China
- SONI PL : Sonae Industria Expects 4Q Ebitda to Fall to EU4m on Canada Unit
- TEF SM : Telefonica to Extend EU5.5B Loan to 2024, Expansion Says
- O2D GY : Telefonica Deutschland 4Q Adj. OIBDA Beats Estimates
- TIT IM : Telecom Italia CEO’s New Plan Is Said to Focus on Cutting Debt
- TKKT FP : Tarkett, Sonae Arauco to End German JV, Close Eiweiler Plant
- VALN SW : Valora Full Year Revenue Meets Estimates
- VAO GY : Vapiano CEO Plans to Complete Financing Talks in March: FAZ
- VCT FP : Vicat Full Year Ebit 3.4% Below Estimates
- VOW3 GY : VW Brazil Plant to End Layoff, Resume 2nd Shift in Parana State