Asian stocks retreated, with South Korean shares underperforming, and the dollar climbed after news that the U.S. is monitoring information surrounding the health of North Korea’s dictator.
Equities declined across Asia-Pacific markets, with benchmarks in Seoul, Sydney and Shanghai down over 1% and Hong Kong more than 2%; Japan’s Topix saw more modest losses. U.S. futures surrendered gains and were down more than 1% at one point. While the yen traded flat, the dollar climbed against most major currencies. Treasuries were little changed.
US After Hours IBM -3.3% trades lower on earnings but STLD +10.8% and EFX +4.8% jump on earnings
Nikkei -1.93% Hang Seng -2.28% CSI -1.65% Shanghai -1.32% Shenzen -1.48%
Eur$ 1.0840 CNH 7.0969 CNY 7.0851 JPY 107.48 GBP 1.2409 CHF 0.9701 RUB 75.66 TRY 6.9471
S&P -0.33% Nasdaq -0.23% EuroStoxx -1.89% FTSE -1.98% Dax -1.85% SMI -1.05%
Macro :
- ‘Ugly’ Earnings Will Show Which Miners Can Survive a Downturn
- Goldman Says Selling Options ‘Unusually Attractive’ for Earnings
- Austria Now Subsidizing the Wages of Every Third Worker: Presse
- Oil Spirals Below Zero in ‘Devastating Day’ for Global Industry
Keep an eye on :
- ADYEN NA : *ADYEN 1Q NET REV. UP 34% TO EU135.5M, EBITDA MARGIN DOWN TO 47%
- ADYEN NA : Adyen Makes New Hires, Earnings Buoyant in Surprise Results
- ASSAB SS : Assa Abloy Seen Emerging Stronger From Crisis, Jefferies Says
- AXA NO : Axactor SE First Quarter Revenue EU55.6 Mln, -24% Y/y
- PRSM LN : Blue Prism to Offer 9.09m Shares at GBP11/Share via Investec
- BYG LN : Big Yellow Group to Offer Up to 8.34m Shrs Big Yellow Orders Below GBP9.83 Per Share Risk Missing: Terms
- CA FP : Carrefour Cuts 2019 Dividend Proposal 50% to EU0.23/Share
- CHR DC ; Chr. Hansen Agrees to Buy Austria’s HSO to Expand in Probiotics
- BN FP : Danone Withdraws 2020 Forecast Amid Coronavirus Uncertainty
- DBK GY : Deutsche Bank Expects More Share Sales If Crisis Persists: FAZ
- DRW3 GY : Draegerwerk Offering Prices 1m Shares at EU76.50/Share
- FABG SS : Fabege First Quarter Rental Income SEK711 Mln, -1% Y/y
- FDJ FP : FDJ 1Q Stakes Down 5% to EU4.1B on Covid; Cuts Dividend by 30%
- FLOW NA : Flow Traders First Quarter Net Trading Income EU495.0 Mln
- FME GY : VFMCRP, Cara: Positive Data From KALM-2 Phase 3 Korsuva Trial
- IMPN SW : Implenia Targets Medium-Term Ebitda Margin of 6.5%
- MTU FP : Manitou to Partially Restart Production Sites in France, Italy
- ML FP : Michelin Begins Gradual Europe Factory Restart, Except in Russia
- KN FP : Natixis Sees 1Q Capital Loss on Coface Stake Sale of EU112 Mln
- NOD NO : Nordic Semiconductor Sees 2Q Revenue $75 Mln to $85 Mln
- NOVN SW : Novartis: Siponimod Data Shows Disability Delay in SPMS Patients
- PHARM NA : Pharming Plans Ruconest Trial With Up to 150 Patients With Covid
- POM FP : Plastic Omnium First Quarter Sales -2.2%
- SAP GY : SAP Breaks Up Co-CEO Role After Virus Brought Leadership Problem
- SRT GY : Sartorius Sees Full Year Sales +15% to +19%
- DIM FP : Sartorius Stedim Biotech Raises FY Forecasts
- SIKA SW ; Sika First Quarter Sales CHF1.81 Bln, +10% Y/y
- SKAB SS : Skanska Posed for Profit Rise, Little Virus Hit Yet: 1Q Preview
- STERV FH : Stora Enso Oyj 1Q Operating Ebit EU180.0 Mln, Est. EU134.5 Mln
- SUN SW : Sulzer First Quarter Orders CHF993.8 Mln, +1% Y/y
- TEL2B SS : Tele2 First Quarter Adj Ebitda SEK2.54 Bln, Est. SEK2.62 Bln
- TRYG DC : Tryg 1Q Pretax Loss DKK372 Mln, Est. Loss DKK351.7 Mln
- TUI LN : German Travel to Mediterranean for Summer Possible: Funke
- VPK NA : Vopak Says Contango to Help Occupancy Rate Coming Quarters (1)
- VOW3 GY : Volkswagen to Keep Brazil Factories Closed Through April: Rtrs
- WIEV AV : Wienerberger First Quarter Ebitda EU106 Mln