U.S. and European stock futures drifted higher Thursday as investors await further corporate earnings and the latest weekly look at American unemployment.
Oil prices continued to mend, with crude above $15 a barrel in New York. Asian stocks saw modest gains in most markets, though Australian shares fell; volumes in the region were subdued. Authorities in Hong Kong intervened for a third day to defend the currency peg, with recent selling now about $1 billion. Treasuries were flat, while the dollar fell for the first day in four.
Macro :
- Short-Selling Biggest Oil ETF Curbed by SEC Rule After Plunge
- Spain Extends Lockdown as Virus Cases Rise Again in Europe
- ECB to Accept Some Junk Debt as Collateral in Operations
Keep an, eye on :
- AC FP : Accor Sales Hit by Health Crisis, CEO Eyes Improvement in 3Q
- AED BB : Aedifica Offering Prices 2.46m Shares at EU84/Share
- AF FP : Air France-KLM in Talks to Get Direct Aid, State-Backed Loans
- AML LN : Aston Martin Plans to Reopen St Athan Facility on May 5
- ATL IM : Autostrade, Italy Near Deal; Revocation Less Likely: Corriere
- BKT SM : Bankinter Net Falls 10% Due to Coronavirus Provisioning
- BAYN GY : Bayer Investor Will Vote For Management But Against Payout: WiWO
- BETSB SS : Betsson First Quarter Revenue SEK1.42 Bln, Est. SEK1.37 Bln
- CPG LN : Compass 1H Organic Revenue Growth About 1.6%
- CCC LN : Computacenter Says 1Q Rev Reduced ‘Slightly’, Pulls Final Div.
- COV FP : Covivio 1Q Revenue EU241M
- CRDA LN : Croda Says 1Q Profitability ‘Broadly’ in Line With Board’s Views
- DSY FP :
- DNB NO : Danske Bank, DNB Boost Investment in Open Banking Platform
- DUFN SW : Dufry Plans Private Placement of Up to 5.5m Shares (1)
- DWNI GY : Vonovia Said to Eye Deutsche Wohnen to Build $40 Billion Giant --> +6.9%
- EDEN FP : Edenred Freezes New Hires; Some Workers in Furlough Programs
- EKT SM : Euskaltel First Quarter Net Income EU19.1 Mln
- EVO SS : Evolution Gaming Maintains FY Ebitda Margin At Least 50%
- EPIA SS : Epiroc First Quarter Orders SEK9.77 Bln
- FTI FP : *TECHNIPFMC SINKS 13% AFTER CUTTING 2020 SUBSEA REVENUE FORECAST
- RMS FP : *HERMES 1Q REV. FALLS 6.5% TO EU1.51B, EST. EU1.43B
- RMS FP : Hermes Reopens Mainland China Stores as French Workshops Resume
- INF LN : Singapore’s GIC Bought Large Portion of Informa Share Sale: Sky
- ING FP : Ingenico Cuts FY Revenue Forecast on Coronavirus
- ITP FP : Inter Parfums Prelim First Quarter Net Sales $144.8 Mln
- INTER NA : Intertrust First Quarter Adj Ebita EU46.6 Mln, Est. EU46.0 Mln
- INW IM : *Vodafone To Sell Around 80M Shares of Infrastrutture Wireless Italiane S.p.A.
- INW IM : Telecom Italia, Vodafone Sell About 8.6% in Inwit at EU9.6/Share
- MMB FP : Lagardere Sends Shareholder Letter in Response to Amber Capital
- MMB FP : Lagardère Finalises the Sale of Lagardère Sports to H.I.G. Capital
- MC FP : *TIFFANY FALLS AS SYCAMORE TRIES TO EXIT VICTORIA'S SECRET DEAL
- MGGT LN : Meggitt to Reduce Size of Global Workforce by About 15%
- MONC IM : Moncler 1Q Revenue EU310.1 Mln, -18% Y/y, Est. EU306.0 Mln
- NENTB SS : NENT Withdraws Outlook for Profitable Growth, 1Q Ebit Flat (1)
- RI FP : Pernod-Ricard Halts Buyback After Third-Quarter Sales Drop 15%, 3Q SALES DOWN 13.3% TO EU1.74B
- PRS SM : Prisa Received Another Offer to Buy Media Capital, Publico Says
- PSM GY : ProSiebenSat.1 Withdraws Earnings Outlook, Will Not Pay Dividend
- QFR NO : Q-Free to Issue Convertible Bond Under Financing Pact W/ Nordea
- RNO FP : *RENAULT 1Q REV. FALLS 19% TO EU10.1B
- RNO FP : Renault Seeks Several Billion Euros State-Backed Loans: Delbos
- RXL FP : Rexel Q1 Rev Falls 2.7% to EU3.23B; Suspends Outlook
- RYA ID : Ryanair CEO Expects 80% of Flights to Resume by September: FT
- SAN FP : Sanofi’s BTK Inhibitor Met Endpoints in Multiple Sclerosis Trial
- SPM IM : Saipem Posts 1Q Net Loss of EU269m on Asset Writedowns (1)
- SU FP : Schneider Electric 1Q Revenue of EU5.8b Down 6.4% Org. on Virus
- SMS LN : Smart Metering Says Meter Assets Sale Now Completed on Schedule
- SLGR NA : Sligro First Quarter Sales EU533 Mln, +0.9% Y/y
- SOI FP : Soitec FY Revenue Rises 35%; Co. Confirms FY Margin Guidance
- SUBC NO : Subsea 7 Gets $150-300m Contract for Dutch Offshore Project
- SWEDA SS : Swedbank Capital Missed, Business Volumes Strong: Analysts
- TKWY NA : Just Eat Takeaway.com Sells EU400m Shares, EU300m Conv Notes
- TKWY NA ; Just Eat Takeaway Prices Shares at EU87.00 Each; Raises EU700m
- TLW LN : Tullow Sells Stake in Uganda Project to Total for $575 Million
- UNA NA : Unilever Withdraws 2020 Guidance, 1Q Underlying Sales Flat
- VK FP : Vallourec Launches Reverse Stock Split
- VLA FP : Valneva, Dynavax to Work on Vaccine Development for Covid-19
- VOLVB SS : Volvo First Quarter Net Sales Fall 15%, Profit Drops 44% (1)
- VOW3 GY : Volkswagen Chattanooga Plans to Resume Production May 3
- WLN FP : Worldline Sees FY Sales Flat or Lower vs 2019
- WKL NA : Wolters Kluwer First Quarter Organic Revenue +4%
- YAR NO : Yara First Quarter Loss $117 Mln Vs. Profit $96 Mln Y/y