Stocks, crude oil prices and the yuan slumped on Thursday on concerns about the impact of the new China virus on corporate sales and economic growth. The yen edged up with Treasuries.
On the last trading day in China before the nation’s epic travel season for the lunar new year holidays begins, the country’s stocks tumbled about 3%. With China moving to shut down travel in and out of the epicenter of the novel coronavirus, Wuhan, the threat to businesses from airlines to retailers is becoming clear. The risk is emerging just as evidence mounts that the global economy had turned a corner; strong Australian job numbers Thursday sent that country’s dollar climbing.
US After Hours SLM +17.8%, TER +8.9%, PTC +8.2%, CTXS +4.6%, TXN -1.4% among notable earnings/guidance movers, PAYC +4.7% on S&P 500 addition news
Nikkei -0.98% Hang Seng -2.11% CSI -3.44% Shanghai -3.07% Shenzen -3.85%
Eur$ 1.1085 CNH 6.9312 CNY 6.9319 JPY 109.55 GBP 1.3136 CHF 0.9685 RUB 62.0220 TRY 5.9321 WTI$ 55.65 -1.93%
S&P -0.18% EuroStoxx -0.40% Dax -0.45% FTSE -0.18% SMI -0.35%
Macro :
- Brexit Deal Clears U.K. Parliament, Ending Years of Deadlock
- Davos’s Global Elite Are Laggards in Stock-Market Performance
Keep an eye on :
- ACS SM : ACS Agrees to Sell Solar Photo-Voltaic Projects in Spain to Galp
- ALV GY : *PG&E WINS BACKING FROM ELLIOTT, PIMCO FOR BANKRUPTCY EXIT PLAN
- ATL IM : Di Maio Says Italian Government Must Go Forward
- AUTN SW : Autoneum FY Currency-Adjusted Sales up 0.7% Y/y
- AZN LN : $7 Billion Swedish Fund Manager Mulls Bigger Bet on AstraZeneca
- AZN LN : AstraZeneca to Invest Over PLN1.5B in Poland: 300Gospodarka
- SAN SM : Banco Santander Raised to Buy at UBS
- BSLN SW : Basilea: Derazantinib Convincing Activity in Preclinical Models
- BAYN GY : Bayer Gets Approval for Darolutamide in Japan
- BARN SW : Barry Callebaut EMEA Head Garavaglia to Leave Company
- BEAN SW : Belimo Full Year Sales Meet Estimates
- BNP FP : BNP Paribas Appoints New Co-Heads of Global Markets in Americas
- CENER BB : Cenergy Holdings Unit Awarded EU43 Million Contract for Skiathos
- CWC GY : Cewe Stiftung Prelim Full Year Ebit High End Of EU58 Mln
- COLL SS : Swedish FSA Summons Collector Chairman Over Credit Losses: SvD
- DLG IM : De’ Longhi Names Massimo Garavaglia Chief Executive Officer
- EDP PL : EDP Says 2019 Electricity Production Fell 7% on Low Hydro Output
- ENGI FP : Engie to Sell 74% Stake in Indian Solar Assets to Edelweiss
- FCAU IM : Fiat Chrysler’s First-Round Win in Mahindra Fight to Be Reviewed
- GALP PL : ACS Agrees to Sell Solar Photo-Voltaic Projects in Spain to Galp
- GET FP : Getlink SE Full Year Revenue Meets Estimates
- GVNV NA : GrandVision Fourth Quarter Organic Sales +6% Vs. +4% Q/q
- HAL NA : HAL Fourth Quarter NAV/Shr EU163.36
- HOT GY : Hochtief Sees ~EU800m Impact of CIMIC Reorg; FY Div +16%
- HUBN SW : Huber + Suhner Full Year Revenue Misses Lowest Estimate
- LLBN SW : Liechtensteinische LB Prelim FY Net Income About CHF123 Mln
- LHA GY : Lufthansa Is Said to Mull Listing of Jet-Maintenance Business
- NEM GY : Nemetschek Shares Fall Post-Market on Baader Double Downgrade
- ORNBV FH : Orion Gets Marketing Authorization for Darolutamide in Japan
- REP SM : Repsol Says 4Q Output Rose to 730,000 barrels per day
- SK FP : SEB FY Operating Result Growth Higher Than Expected, Sales Miss
- SEQUA BB : Sequana Medical Offering Prices 3.17m Shares at EU6/Share
- SLIGR NA : Sligro Full Year Ebitda 4.8% Above Estimates
- STM FP : STMicro 4Q Net Revenue, Gross Margin Beats Highest Ests
- TRVX NO : Targovax 12.6m Share Offering Said to Be Covered, Targovax Offering Prices 12.6m Shares at NOK8/Share
- HO FP : Naval Group to Name Thales COO Pommellet as CEO: Les Echos
- UNIR IM : Unieuro Holders Italian Electronics to Offer 3.51m Shrs, Holder Prices 3.5m Shares at EU13.25/Share