Stocks in Asia fluctuated Tuesday as investors look to a deluge of earnings for reasons to carry an equity rally further. The dollar and 10-year Treasuries rose.
With all the region’s markets on deck after the Easter holiday, equities posted modest gains in Japan, while they swung from gains to losses in narrow ranges in Hong Kong and China. Australia had the biggest advance, led by energy producers. Energy stocks on the MSCI Asia Pacific Index also outperformed after oil jumped to a six-month high as the White House said it will scrap waivers that allow the purchase of some Iranian crude.
Volumes were below 30-day averages throughout Asia ahead of Japan’s Golden Week extended holiday. European futures signaled stocks will rise after the Easter holiday weekend shut trading in much of Europe Monday.
US After Hours WHR +7%, CDNS +5%, BRO +4%, RMBS -6% among earnings/guidance movers
Nikkei +0.19% Hang Seng +0.16% CSI +0.40% Shanghai +0.09% Shenzen -0.49%
Eur$ 1.1247 CNH 6.7161 CNY 6.7144 JPY 111.89 GBP 1.2978 CHF 1.0165 RYB 63.08052 TRY 5.8351 WTI$ 66.04 +0.75%
S&P +0.04% EuroStoxx +0.17% FTSE +0.39% Dax +0.22% SMI +0.19%
Macro :
- Hedge Funds Hit With $15 Billion Redemptions in 1Q: eVestment
- Hedge Fund That Rallied in 2018 Rout Bets on Emerging Markets
- Oil Market Confounded Again as Trump Surprises on Iran Sanctions
- Sri Lanka Says Jihadist Group Behind Blasts That Killed 290
- Citi Says ‘Be Brave’ in Volatility and Buy Argentine Stocks
- Why Iran’s Deepening Isolation Is a Boon to U.S. Oil Producers
Keep an eye on :
- ADV SM : Adveo Says No Agreement With GDN; Talks Open With 2 Others
- AD NA : Ahold Sees 2019 Underlying Op. Margin Slightly Lower Than 2018, Ahold Cuts ’19 EPS Growth Guidance After Strikes at U.S. Unit(2)
- AAPL US : Samsung Says It Will Delay Release of Galaxy Fold Smartphone
- BARC LN : Barclays Plans Bonus Cuts for Investment Bankers: FT
- BINCK NA : BinckBank Says Progress on Bid by Saxo in Line With Expectations
- BCART BB : Biocartis in Commercialization Pact With LabCorp’s Covance
- BNP FP : BNP Clears Hurdle Ahead of Possible Gabon Unit Sale: Les Echos
- BOX US : Dropbox and Box Jump as Total Call Options Volume Surges
- BWO NO : BW Offshore Gets 1 Year Extension With Petrobras for FPSO
- CO FP : Casino Group Expands Partnership With Amazon
- COV FP : Covivio Agrees Sale of EU263.5m Property Portfolio in Italy
- DSY FP : Medidata Solutions Jumps After Dassault Is Said to Eye Deal
- DTE GY : T-Mobile’s Legere, Sprint’s Claure Met With FCC’s Rosenworcel
- DBX US : Dropbox and Box Jump as Total Call Options Volume Surges
- EDP PL : Three Gorges Says Won’t Waive Condition of Lifting EDP Vote Cap
- EL FP : Del Vecchio Hired Goldman Sachs on EssilorLuxottica: Corriere
- EO FP : Faurecia Confirms Full-Year Targets
- FXPO LN : Ferrexpo Full Year Revenue Meets Estimates
- FER SM : Ferrovial Awarded Four Service Contracts in Portugal: EFE
- GREEN BB : Greenyard Extends Fruit, Vegetables Pact With Carrefour Belgium
- HEXAB SS : Hexagon CFO Belkic to Act as CEO When Rollen Is in Court
- MELE BB : Melexis Second Quarter Revenue Forecast 3.5% Below Estimates
- MUX GY : Mutares Makes Binding Offer to Buy ArcelorMittal’s TrefilUnion
- PNDORA DC : Pandora Says BlackRock Owns 5.3% of Shares
- POM FP : Plastic Omnium First Quarter Revenue EU2.24 Bln
- RMBS US : Rambus Reports First Quarter 2019 Financial Results -->-7% in after Hours Wacth Semi In Europe
- RLD SW : Edmond de Rothschild Plans to Delist From Zurich Exchange in 3Q
- SRAIL SW : Stadler Rail Wins Contract in Ottawa Worth About CHF80 Million
- SMCP FP : SMCP Partners With JD.com, Expands Online Presence in China
- FTI US : TechnipFMC Wins ‘Significant’ ConocoPhillips Contract
- UMI BB : Umicore FY Adj. Ebit Forecast Misses Analysts Estimates
- UCG IM : UniCredit Targets Austrian Regional Banks With Audit Requests