Asian stocks traded mixed Wednesday as traders juggled continuing doubts about the prospects for progress on trade with signs of China stimulus and moves to end the U.S. government shutdown. The yen slid as the Bank of Japan cut its inflation outlook.
Shares slipped in Japan, rose in Korea and fluctuated in Hong Kong and China. U.S. futures posted modest gains following Tuesday’s decline in all major benchmarks led by a slide in technology shares. White House adviser Lawrence Kudlow said that negotiations scheduled for next week will be “very, very important” and “determinative.” Meantime, the Senate scheduled a vote for Thursday on Democratic-backed legislation to reopen the government, the first sign of a possible way out of the shutdown. China’s central bank pumped liquidity into the banking system through a new tool.
US After Hours EHTH +8%, NAVI +7%, IBM +6%, CNMD +5%, COF -4% following earnings/guidance
Nikkei -0.14% Hang Seng +0.04% CSI -0.07% Shanghai +0.05% shenzen +0.13%
Eur$ 1.1367 CNH 6.7920 CNY 6.7859 JPY 109.66 GBP 1.2965 CHF 0.9977 RUB 66.3917 TRY 5.3402 WTI$ 53.23 +0.42%
S&P -0.29% FTSE -0.35% DAX -0.32% SMI -0.42%
Macro :
- EQT Touts 5% Headcount Cut in Rebuke to D.E. Shaw, Rice Brothers
- Activist Threat Seen Pushing Mega-Cap Laggards Into Spinoff Mode
Keep an eye on :
- AH NA : Ahold Delhaize Fourth Quarter Net Sales Meet Estimates
- AJAX NA : Barcelona Prepared to Pay EU90m for Ajax’s De Jong: Telegraaf
- ALO FP : GE Plans 460 Job Cuts in Energy Business in France: Liberation
- ARNC US : Arconic-Apollo Deal Fell Apart Over Pension Obligations: FT
- ANTO LN : Antofagasta Sees FY Gold Production 240,000 To 260,000 Oz
- MT NA : Arcelor Says Followed Process From the Start on Essar Steel
- ASML NA : ASML 1Q Net Sales Forecast Misses Lowest Est., Cites Fire
- ASML NA : Nikon, ASML and Carl Zeiss Settle Legal Proceedings
- AUTN SW : Autoneum Full Year Sales Meet Estimates
- BARN SE : Global Chocolate Sales Rose 1.4% in Aug.-Oct., Barry Says
- BARN SE : Barry Callebaut First Quarter Sales 2.1% Below Estimates
- BMW GY : S. Korea Says BMW Korea to Recall Additional Vehicles
- BNP FP : BNP Paribas, IBM Services Sign Accord on Cloud Strategy
- BRBY LN : Burberry Third Quarter Comparable Sales Miss Estimates
- CRG IM : Carige Says Has Received State Decree With Guarantee for Bonds
- CA FP : Carrefour 4Q France Hypermkt Lfl Sales Growth -2.2%; Est. -2.4, Carrefour Holds Up in France in 4Q Despite Protests: Jefferies
- CA FP : Carrefour Proposes Naming Claudia Almeida E Silva to Board
- CAST SS : Castellum Full Year Dividend Per Share Beats Highest Estimate
- DBK GY : Fed Is Said to Probe Deutsche Bank Over Suspicious Danske Cash
- DB1 GY : Deutsche Börse Expects 2018 Profit Growth to Exceed its Guidance
- DPW GY : DHL to Close E-Commerce Business in Chile: Diario Financiero
- FCT IM : Italy-France Dispute May Hit Alitalia, Fincantieri: Repubblica
- FRES LN : Fresnillo Sees Full Year Gold Production 910,000 To 930,000 Oz
- G4S LN : G4S Expects to Settle California Class Action for $100m to $130m
- GLJ GY : Grenke Growth Story Fully Intact, Stock is Cheap, Lampe Says
- ING FP : Ingenico Sees FY Ebitda at EU485M vs EU510M Expected, Ingenico Profit Guidance Miss Caps ‘Tumultuous Year,’ Citi Says
- ING FP : Ingenico CEO: There Was Under-Performance in “Mature” Markets --> NCR -4%
- JDW LN : Petropavlovsk Sees FY Gold Production 450,000 To 500,000 Oz
- LABL US : Label-Maker Multi-Color Is Said to Work With Advisers on Sale
- MDM FP : Maisons Du Monde Confirms FY Ebitda Target, Says Sales Rise 10%
- ML FP : Michelin: Michelin acquires leading Indonesian tire manufacturer PT Multistrada Arah Sarana TBK
- KN FP : Natixis Appoints Stephane Honig Head of Strategy
- NEO FP : Neopost Sets Dividend Payout at Minimum 20% of Net Income
- NDA SS : Nordea Vice Chairman Welcomes That Cevian Has Bought Stake: DI
- NYR BB : Nyrstar Reports ‘Cyber-Attack,’ Working on Recovery Plan
- POG LN : Petropavlovsk Sees FY Gold Production 450,000 To 500,000 Oz
- RNO FP : Ghosn Indicates He’ll Step Down From Top Renault Post: NHK (1)
- RNO FP : France’s Le Maire Says Michelin Chief Would Be Good for Renault
- RPC LN : Apollo to Buy RPC for 782p/Shr, Valuing Co. at GBP3.32B
- SPM IM : Saipem Says CEO, Some Managers Under Investigation
- SPM IM : Saipem Revenue Visibility Best Among Peers, Up to Buy: Citi
- SIKA SE : Sika Starts Offering of as Much as CHF1.3b Convertible Notes
- TEF SM : Telefonica Says Likely to Be Refunded for 2008-2011 Taxes
- TIT IM : T Telecom Italia CEO Is Said to Revive Potential Open Fiber Deal
- TEF SM : Telefonica in Talks to Quit Central America in Debt-Cutting Push
- TIGO SS : Liberty Latin America Terminates Talks With Millicom (1)
- TSS US : The Fly: TSYS a 'logical target' for FIS after Fiserv's transaction, Dealreporter says
- UNI IM : Unipol CEO Rules Out Paschi Merger With BPER or Unipol: CNBC
- UNI SM : Unicaja Sold Non-Performing Assets Portfolios: Confidencial
- VOD LN : Vodafone Follows Rival BT in Consolidating U.K. Offices