Asian stocks and U.S. futures gained and the dollar halted an eight-day rally as investors took stock of an unprecedented rush of global stimulus measures.
European futures also climbed amid tentative signs of returning appetite for riskier assets. Gains in South Korea’s equity market topped 7% and shares in Hong Kong climbed over 4%, though a strong advance in Australia fizzled out. China’s yuan rose after the central bank set the daily reference rate slightly stronger than anticipated, though still the weakest in 12 years. Treasury futures ticked higher.
US After Hours CRWD +20.4% up big on earnings; OLLI -7.4% weak on earnings, SDC +12.2% (opens its manufacturing facility to partner with medical supply companies), NDLS +4.2% (expands delivery options; offers free delivery through March), CCL +1.1% (furnishes Q1 summary in connection with previously disclosed financing activities), OLLI -7.4%, KSS -3.4% (withdraws guidance and temporarily suspends share repurchases
Nikkei -1.04% Hang Seng +3% CSI +0.80% Shanghai +0.73% Shenzen +0.38%
Eur$ 1.0750 CNH 7.1005 CNY 7..0795 JPY 109.99 GBP 1.1651 CHF 0.9788 RUB 78.3530 WTI$ 26.08 +3.41%
S&P +2.11% Nasdaq +2.88% EuroStoxx +3.83% FTSE +2.99% Dax +4.05% SMI +4.14%
Macro :
- JPMorgan’s Kolanovic Sees Equity Flows Tilting in Favor of Bulls
- Lagarde: Fully Prepared to Boost QE, Adjust Composition
- Distressed Debt in U.S. Doubles to $500 Billion in Two Weeks
- Investors Pull Record $35.6 Billion From Investment-Grade Debt
- Italy Is Now World’s Deadliest Hotspot in the Virus Pandemic
- Oil Has Best Day Ever After Trump Hints at Role in Price War
- Israel’s Netanyahu Orders Near Total Lockdown Over Coronavirus
Keep an eye on :
- AIR FP : Governments Should Buy Aircraft from Airbus, Jefferies Says
- AFP SW : Aluflexpack Maintains 2020 Sales EU220 Mln To EU230 Mln
- AMS SW : AMS Says Offer for Osram to Close in 2Q; Rights Issue Proceeding
- IAG LN : British Airways Pilots To Get 50% Pay Cut in Next Two Months: FT
- BT/A LN : BT to Sell Some Domestic Ops in Latin America to CIH, No Terms
- CAP GY : Encavis Full Year Dividend Per Share Matches Estimates
- CO FP : Casino Sells Warehouses, Stores to Aldi France for EV of EU735m
- CCL LN : Carnival Prelim First Quarter Adjusted EPS Beats Estimates
- CMCX LN : CMC Markets Sees Earnings Ahead of Market Consensus
- DSY FP : Dassault Systemes Board Decided to Propose Div of EU0.70/Shr
- DIA IM : DiaSorin Says COVID-19 Test Got FDA Emergency Use Authorization
- ENEL IM : Enel FY Total Dividend EU0.328 Per Share, Up 17%
- FDJ FP : FDJ Sees Coronavirus Hit to Lottery, Sports Betting Rev., Ebitda
- FIE GY : Fielmann to Close Stores in Germany and Switzerland
- FHZN SW : Flughafen Zurich Introduces Short-Time Work, Cost Cutting
- FUTR LN : Future PLC Sees Earnings in Line With Expectations
- GAM SW : *T. ROWE VOTING RIGHTS IN GAM FALL TO 2.95% FROM 4.96%: SIX
- GMM GY : Grammer to Curb Output in Europe as Carmakers Idle Production
- HLAG GY : Hapag-Lloyd 2020 Ebitda Forecast Midpoint 1.6% Above Estimates
- HBM GY : Hornbach Holding Prelim. FY Sales Beat Estimates (March 19)
- IMCD NA : IMCD Increases and Extends Revolving Credit Facility
- INRN SW : Interroll Full Year Ebitda 1.0% Below Estimates
- IPCO SS : International Petroleum to Stop Steaming Well at Blackrod Pilot
- ITX SM : Inditex Readies Plan to Suspend up to 37,000 Staff: Vanguardia
- ISP IM : Intesa Changes Terms of Deal With BPER in UBI Takeover BId
- MC FP : LVMH Is Said to Consider Buying Tiffany Shares on Open Market
- MBB GY : MBB SE: German Panel Determines 2017 Financials Are Incorrect
- NAS NO : Norway Puts $537 Million on Table for Struggling Airlines
- NN NA : NN Group Says Solvency II Ratio Is Estimated at About 210%
- NBA PL : Novabase Agrees to Sell Collab Unit to Netadmin For EU6m
- NHY NO : Hydro Reducing or Halting Output at Some Sites Due Demand Drop
- OSR GY : AMS Says Offer for Osram to Close in 2Q; Rights Issue Proceeding
- ROTH FP : Rothschild Was Asked to Advise U.K. Govt on Airline Rescue: Sky
- RBREW DC : Royal Unibrew Suspends 2020 Outlook and Share Buyback Program
- SAX GY : Stroeer Doesn’t Expect to Achieve Guidance Made Before Virus
- SEM AV : Semperit Full Year Ebitda Misses Lowest Estimate
- SIE GY : Siemens Names Roland Busch as President and CEO
- SiLMA FH : Silmaasema Says it Expects Coronavirus to Weaken Outlook
- SKFB SS : SKF Throws in 2020 Earnings Towel on Coronavirus Spread: React
- SLIGR NA : Sligro Sees FY Ebitda Between Break-Even and Slightly Positive
- SOI FP : Soitec Oceane 2023 Bondholders Back Partial Assets Contribution
- SWEDA SS : Swedbank's $386 Million Fine Exposes Tight Capital Buffer: React
- TIF US : LVMH Is Said to Consider Buying Tiffany Shares on Open Market
- FP FP : Total Plans to Cut Investments by $3.3b This Year
- TUI LN : TUI to Cut Staff Hours and Wages as Flights Grounded: FT
- UCB BB : UCB Still Expects Ra Pharma Deal to Close by the End of Month
- VOLVB SS : Volvo Withdraws Proposal of Extra Dividend Due to Coronavirus