Most Asian stocks gained Monday as U.S. equity futures jumped in the wake of news that the Sino-American trade war is on hold for now. Treasury yields nudged higher, taking the dollar with them. Equity benchmarks rose in Hong Kong, China and Korea, while they fluctuated in Japan and Australia. The S&P 500 Index contracts gained 0.6 percent. Oil futures climbed. U.S. Treasury Secretary Steven Mnuchin said the U.S. was“putting the trade war on hold,” amid progress in talks with China. Stocks had closed lower Friday and Treasury yields dropped under 3.1 percent amid mixed signals on trade. Safe-haven assets like the yen and gold declined.
Nikkei +0.43% Hang Seng +1.12% CSI +0.60% Shanghai +0.68% Shenzen +1.06%
Eur$ 1.1748 CNH 6.3734 CNY 6.3813 JPY 111.37 GBP 1.3435 CHF 0.9995 RUB 62.3341 WTI$ 71.89 +0.73%
S&P +0.61% EuroStoxx Dax SMI
Macro :
- Italy on Verge of Inducing a Fresh European Crisis: Macro View
- It Was an Unlucky Week to Throw $8.8 Billion at the Stock Market
- U.K. to Propose Reform on Social Media Giants in Autumn: S.Times
- China agrees to purchase more US goods in effort to avoid trade war, but refuses to commit to US demand to narrow trade gap by $200B
Keep an eye on :
- ABE SM : ACS, Atlantia Increase Stake in Abertis to 90%, Expansion Says
- AF FP : France Won’t Sell Air France Stake For Now, Le Maire Says
- BT/A LN : BT Considers GBP1.5B Mast Sale to Fund Broadband: Telegraph
- DBK GY : Deutsche Bank CFO Sees Slowdown in Restructuring Costs: BZ
- DB1 GY : Deutsche Boerse Decides Rule Changes for MDAX, SDAX, TECDAX
- EDF FP : *EDF IS SAID IN TALKS TO SELL HALF OF ITS UK WIND ASSETS: FT
- EDP PL : Portugal Was Contacted by Major Shareholders in EDP: Expresso
- EDP PL : EDP Says Capital Group Companies Cuts Shareholding to 9.97%
- ENGI FP : Engie Board Approves Ex-Solvay Chief Clamadieu as Chairman
- ENPL LI : Deripaska Departs En+ Group; Tronox Outperforms: Materials Wrap
- FCA IM : FCA U.S. to Recall About 48,990 2018 Jeep Cherokee SUVs
- GE US : GE Said Near Deal to Merge Transportation Unit With Wabtec: Rtrs
- HMB SS : Swedish Royal Family Fund Sold H&M Stake in 1Q: SR
- IAG LN : IAG to Lease Gatwick Slots to Qatar Airways, Thomas Cook: FT
- LI01 GY : Sygnis Raises FY Rev Guidance After Purchase TGR Biosciences
- MAR PL : Martifer Names Pedro Duarte as Chief Executive Officer
- METSO FH : Metso Gets New CEO as Vauramo Leaves Finnair to Join the Co.
- MITRA BB : Mithra CEO Isn’t Against Selling Belgian Drugmaker, L’Echo Says
- NAS NO : IAG Is Said To Offer EU1.52b To Buy Norwegian, Expansion Reports
- NHY NO : Brazil Group Seeks to Suspend Norsk Hydro Bauxite Mine: Lawyer
- OERL SW : Vekselberg Cuts Stakes in Oerlikon, Schmolz + Bickenbach: Rtrs
- PAH3 GY : Porsche N. America to Recall 305 Vehicles of 918 Spyder: NHTSA
- RYA LN : Ryanair Sees Dip in FY Profit On Higher Fuel, Labor Costs (1)
- SAN FP : Sanofi CFO Contamine to Become Ablynx Chairman When Deal Closes
- SBRY LN : Sainsbury takeover of Asda could face parliamentary inquiry amid concerns for UK farmers - thisismoney.co.uk
- SHBA SS : Swedish FSA Questions Handelsbanken’s U.K. Lending Practice: DI
- STLN SW : Vekselberg Cuts Stakes in Oerlikon, Schmolz + Bickenbach: Rtrs
- TEF SM : Telefonica Says O2 Unit an Asset, Not For Sale: Economista
- UL NA : Unibail Weighs Rebranding Some Malls as Westfield After Deal