Stocks in Asia fell after another tumble on Wall Street, where concerns have spread to the corporate-bond market. Investors are also contending with no obvious havens, with Treasuries little changed so far this week and gold weaker.
Equity benchmarks retreated across the region though an increase in U.S. futures kept declines relatively contained. U.K. equity-index futures were higher. Oil tumbling toward $53 a barrel weighed on energy companies, while a plunge in Apple Inc.’s stock hit suppliers in Asia. All major U.S. benchmarks fell more than 1.5 percent Tuesday. The S&P 500 Index briefly slid 10 percent below its September record close before clawing back just above the threshold. Two-year Treasury yields are up slightly this week, suggesting no sea-change in views on the Federal Reserve’s path of tightening.
US after Hours FL +14%, ADSK +7%, and CAL -7% move notably following earnings/guidance
Nikkei -0.35% Hang Seng +0.02% CSI -0.02% Shanghai -0.08% Shenzen +0.11%
Eur$ 1.1397 CNH 6.9355 CNY 6.9413 JPY 112.81 GBP 1.2813 CHF 0.9934 RUB 65.9551 TRY 5.3826 WTI$ 54.23 +1.52%
S&P +0.45% EuroStoxx +0.45% Dax +0.58% FTSE +0.21% SMI +0.17%
Macro :
- Even Italy’s Most Loyal Bond Buyers Are Getting Cold Feet Now
Keep an eye on :
- ADS GY : Nike Gains After Foot Locker Beat; Watch Dick’s, Under Armour
- AHSL SS : Ahlsell CEO Sees Potential for Further Acquisitions, DI Reports
- AIR FP : Airbus to Fill Top Finance, Operational Posts: Reuters
- AZA IM : *ALITALIA ACCEPTS BINDING OFFER FROM STATE RAILWAYS: REUTERS
- CS FP : Axa Says Net Proceeds of Axa Equitable offering $1.8 Billion
- BDL SM : Mazuelo to Offer EU109/Shr for Rest of Baron de Ley
- CAI AV : CA Immo Seeks Growth in Core Cities, New Markets, CIO Says
- CYAD BB : Celyad Third Quarter Cash Burn EU6.7 Mln, Celyad Third Quarter Cash Burn EU6.7 Mln
- DAI GY : Mercedes-Benz Sales in China ‘Very Encouraging’ This Yr: Troska
- ETL FP : Intelsat, Partners In Airwaves Plan Seek FCC Action ‘Soon’
- EQNR NO : Ex-divs to Trim 0.010 Pts off SXXP on Nov. 21
- FRE GY : Fresenius Kabi Recalls 163 Lots of Sodium Chloride Injection
- G IM : Generali Targets Annual Average EPS Growth of 6%-8% Through 2021
- G IM : Generali CEO Says to Set Aside EU3b-EU4b to Invest in Growth: FT
- GREEN BB : Greenyard Sees Full Year Adjusted Ebitda About -25%
- IDIA SW : Idorsia to be Largest Santhera Holder Following License Pact
- IDIA SW : Santhera Calls Egm, Proposes Shr Capital Increase About CHF 50M
- KTCG AV : Kapsch TrafficCom First Half Ebit Meets Estimates
- MMB FP : Lagardere Sees HBF FY Rev. $240M-$250M, Recur. Ebit About 10%
- MITRA BB : Mithra Places 1,800 Solar Panels on CDMO Facility to Reduce Cost
- NXI FP : Nexity Reiterates Short and Mid-Term Financial Targets
- NDA SS : Nordea Bought French Stocks to Collect Tax Refunds, Borsen Says
- NOVN SW : FDA Warns About Severe Worsening of MS After Stopping Gilenya
- NYR BB : Nyrstar in Pact of $650M Working Capital Facility W/ Trafigura
- ORA FP : Orange CEO Says Market Consolidation Talks Possible in 1H: Echos
- RI FP : Pernod to Continue M&A in Very Profitable Niches: CEO to Figaro
- UQA AV : Uniqa Nudges Up Premium Outlook as P&C Growth Accelerates (1)
- RRS LN : Randgold’s Bristow Shuffles Barrick Communications Post Merger
- RNO FP : Renault Says Ghosn Remains Chairman, CEO; Bollore Deputy CEO
- RNO FP : Nissan Eyes Revising Renault Alliance, Including Stake: NTV
- RNO FP : Prosecutors Eye Voluntary Questioning of Nissan CEO Saikawa: NHK
- RNO FP : Renault Ratings Unaffected by CEO’s Arrest: S&P
- SEM AV : Semperit Nine Month Revenue EU670.3 Mln
- STJ LN : U.K. Financial Regulator Considers Wider Exit Fee Clampdown: FT
- TALK LN : TalkTalk Confirms Salford as New Headquarters Location
- TKA GY : Thyssenkrupp Reports Lower Profit to End Steelmaker’s Tough Year
- UBXN SW : U-Blox Cuts Sales, Profit Forecast 2018; Provides 2019 Guidance