Japanese shares led most Asian stocks lower and the yen appreciated as investors eyed risks from Turkey to North Korea. Treasuries ticked higher, while oil headed lower.
With optimism over U.S.-China trade talks fading from earlier in the week, concerns range from iffy prospects for President Donald Trump’s historic summit with North Korea’s leader to Turkey’s financial-market stability as the lira hits successive record lows. Japan’s currency rose the most in almost three weeks at one point as traders sought a haven, and the Topix index of Japanese stocks fell as much as 1 percent. Equity benchmarks from Hong Kong to Sydney declined. FTSE 100 futures fell in early London trading.
Macro :
- Emerging-Market Stress Just Begun as Record Debt Wall Looms
- China’s Trade Deal With U.S. Leaves Germany Squeezed in Middle
Keep an eye on :
- AIEA LN : James Halstead Doesn’t Intend to Make Offer for Airea
- AZM IM : Peninsula, Other PE Funds Considering Investing in Azimut: Sole
- BARC LN : Barclays-StanChart Merger Has ‘No Strategic Logic’: KBW
- EDP PL : EDP Picks StormHarbour for Securitization of Tariff Deficit
- ETL : FCC denies Eutelsat's petition for access to fixed satellite service market in the US - press Related
- EKO NO : Ekornes Board Recommends NOK139 a Share Cash Offer From Qumei
- GFC FP : Gecina Buys Office Building in Neuilly-sur-Seine for EU30.5M
- GKP LN : Gulf Keystone Reports $18.8m Payment for Shaikan Sales in Feb.
- HFG LN : Hilton Food Explores Opportunities for Domestic, Overseas Growth
- BAER SW : Julius Baer 4-Month Figures Show Strong Growth: Morgan Stanley
- KINVB SS : Kinnevik to Grow Portfolio of Unlisted Holdings, Chair Tells DI
- MHG NO : Marine Harvest Considers 5 Year Senior Unsecured EUR Bond Issue
- MDF SM : Duro Felguera Refinancing Backed By Lenders With 100% of Debt
- MKS LN : Marks & Spencer FY Slightly Ahead, Short Squeeze Likely: MS
- UG FP : PSA, Nidec Set Up JV to Develop Electric Traction Motors
- PFV GY : Pfeiffer Vacuum Sees Full Year Sales EU640 Mln To EU660 Mln
- PRY IM : General Cable Down on Report of DOJ Probing Possible FCPA Issues
- RBI AV : Raiffeisen Starts Merger With Polish Unit, Part of Its Exit Plan
- RTN LN : Restaurant Group Cut to Neutral at JPMorgan; PT 3.20 Pounds
- RIO LN : Rio Is Said Ready to Accept $3.5 Billion Deal to Exit Grasberg
- SAS SS : SAS Isn’t Targeting M&A, Buyout, Chairman Dilling Tells Borsen
- SEN GY : Senvion CEO Geissinger Resigns Effective Immediately
- SCT LN : Softcat Outlook Well Ahead, EPS Estimates Raised 9%: Jefferies
- SVT LN : Severn Trent Full Year Adjusted Operating Profit Meets Estimates
- TEF SM : Telefonica to Launch 02 as Low-Cost Brand in Spain: Cinco Dias
- TSRO US : Potential Gilead Takeover of Tesaro Would Make Sense: Wedbush
- TKA GY : Thyssenkrupp CEO Under Fire by Activists as Elliott Takes Stake
- TKA GY : Thyssenkrupp’s CEO Under Fire as Activist Elliott Buys Stake
- VASTN NA : Van Herk Raises Stake in Vastned Retail to 25.05%: AFM Filing
- VED LN : Indian Police Kill 9 People Protesting Vedanta Copper Plant: AP
- VIE FP : Veolia Wins EU450m Order From ArcelorMittal for Steel-Plant Work