European and U.S. equity futures edged higher Tuesday as investors braced for a busy week of U.S. corporate earnings and potential developments in trade negotiations. Oil stabilized after recent gains amid tensions in the Persian Gulf.
Stocks in Asia rose, led by indexes in Tokyo, while gains were more modest in Hong Kong and Shanghai. U.S. futures ticked higher after technology shares led an advance on Wall Street Monday. Trading has been thin, with volumes kept below average as the Northern European summer gets into full swing.
The yen weakened as the dollar gained against major peers. The British pound added to losses after a forecast showed Brexit may have already pushed the U.K. into a technical recession, and ahead of the announcement of Prime Minister Theresa May’s replacement. Treasury yields held around 2.05%.
Macro :
-Next U.K. Prime Minister Faces Crises at Home and Abroad
Keep an eye on :
- AKZA NA : Akzo Nobel Offers Little Value After Specialty Sale, Citi Says
- AMS SW : *AMS SEES 3Q REV. $600M TO $640M, EST. $525.5M
- ATRS AV : Gazit to Buy Remainder of Atrium European At EU3.75/Share
- BEZ LN : Enel Says Total Net Production in 1H Rose to GWh 112,889
- BFIT NA : Basic-Fit First Half Adjusted Ebitda EU69.7 Mln
- BMW GY : BMW Shares Cheap Ahead of CEO Change, Morgan Stanley Says
- IAG LN : British Airways Pilots Vote to Strike as Airline Heads to Court
- CMBN SW : Cembra Money Bank Sees Full Year EPS CHF5.20 To CHF5.50
- CON GY : Continental Cuts Outlook on Surprise Slowdown in Auto Production
- CON GY : Continental’s Full-Year Guidance Cut May ‘Spook’ Market: Citi
- DAI GY : Daimler Gets China’s BAIC As New Key Holder (5%)
- DBK GY : Deutsche Securities to Close Equity Sales in S. Korea: Daily
- EDEN FP : Edenred 1H Net Rises 18%; Sees Record FY Ebit of EU520M-EU550M
- ENEL IM :
- ELE SM : Endesa First Half Ebitda Matches Estimates
- EO FP : Faurecia First-Half Operating Income EU645 Million, Down 0.4%
- FDM LN : FDM Group 1H Revenue GBP134.4M; Remain Confident in Outlook
- FEVR LN : Fevertree Sees FY in Line, Remains Mindful of Tough Comparators
- GET FP : Getlink Confirms Div. Growth Policy, Medium-Term Outlook
- RMS FP : Hermes Sales Growth Beats Analyst Estimates, Fueled by Asia
- IDIA SW : Idorsia First Half Operating Loss CHF239 Mln -->-1.8%
- IFX GY : Infineon’s Cypress Deal Brings Plenty of Benefits: Loop Capital
- ISAT LN : U.K.’s CMA Pushes Back Inmarsat Deal Comments Deadline to Aug. 5
- JOUL LN : Joules FY19 Revenue Rises, Says YTD Performance In Line
- JuN3 GY : Jungheinrich Cuts Forecasts for 2019 on ‘Gloomier’ Environment
- KNIN SW : Kuehne + Nagel 2Q In Line in a Tough Environment: Bernstein
- NTGY SM : Naturgy Is Close to Purchase of Medgaz Stake: El Confidencial
- NHY NO : Norsk Hydro Second Quarter Underlying Profit Misses Estimates
- NHY NO : Norsk Hydro Joins Alcoa in Trimming 2019 Aluminum Demand Outlook
- NYR BB : Nyrstar Gets HY, Convertible Bondholders’ Nod for Restructuring
- OSR GY : AMS Re-Evaluates Possible New Offer for Osram (1)
- PAG LN : Paragon Operating in Line; Sees FY Net Interest Margin Higher
- PEABB SS : Peab Management Bought Shares; CEO Invested ~SEK5.36m
- PZC LN : PZ Cussons Sees Eco Conditions in Key Markets ‘Challenging’
- RAND NA : Randstad Second Quarter Revenue Meets Estimates
- RKH LN : United Oil & Gas to Buy Rockhopper’s Egyptian Assets for $16m
- SAN FP : Sanofi Signs Roche Deal for Exclusive U.S. OTC Rights to Tamiflu
- SAN SM : Santander Sees Profit Hit by Charges for Job Cuts, Restructuring
- FTI US : TechnipFMC Wins ‘Significant’ North Sea Contract
- UBSG SW : UBS Second Quarter Net Income Beats Highest Estimate
- UTG LN : Unite Group Sees Rental Growth Outlook of 3%-3.5% for 2019/20
- VELO DC : Veloxis Boosts Sales, Profit Forecasts on Tacrolimus Shortage