U.S. equity futures were steady with Treasury yields, while Asian stocks edged higher, as traders digested the final presidential debate and lawmakers in Washington continued to haggle over a spending bill.
S&P 500 contracts fluctuated while shares in Japan, China, South Korea and Hong Kong saw modest gains on subdued volumes. President Donald Trump and former Vice President Joe Biden debated topics including the response to Covid-19, immigration policy and health-care reform. The 10-year Treasury yield steadied around 0.85% amid data showing the labor market is still gradually recovering. The dollar was little changed. Intel Corp. tumbled in after-hours trading after a tepid forecast.
US After Hours INTC -9.6%, MANH -9.2%, STX -4.9% fall on earnings; SAM +9% up on earnings; GILD +5% as co confirms FDA approval of remdesivir
Nikkei +0.38% Hang Seng +0.51% CSI -0.35% Shanghai -0.27% Shenzen -1.09%
Eur$ 1.1801 CNH 6.6750 CNY 6.6851 JPY 107.70 GBP 1.3050 CHF 0.9076 RUB 76.5914 WTI$ 40.45- 0.49%
S&P -0.13% Nasdaq -0.07% EuroStoxx +0.12% FTSE +0.23% Dax +0.14% SMI+0.33%
Macro :
- German Pandemic Recovery Could Take a Decade, DIW Head Tells SZ
- EU May Impose Tariffs on Aluminum Converter Foil From China
Keep an eye on :
- ABBN SW : ABB 3Q Operating Ebita Beats Estimates
- AC FP : Accord Posts 3Q Sales of EU329m, Down 63.7% Like-For-Like
- AIR FP : Airbus manufacturer aims to lift output of A320neo single-aisle aircraft from second half of next year - FT
- AI FP : Air Liquide 3Q Comparable Sales Growth -0.9%
- ATL IM : TCI Says No Intention of Acquiring Control of Atlantia: Filing
- BAYN GY : Bayer's Request for Roundup Appeal Rejected by California Court
- BETSB SS : Betsson 3Q Operating Profit SEK329.1M
- BOO LN : Boohoo’s Largest Outside Investor Opposes Leadership Change: FT
- BVI FP : Bureau Veritas 3Q Rev. EU1.15b, Est. EU1.12b
- CEC GY : Ceconomy FY Sales Meet Estimates, Sales Momentum Continues In 1Q
- DAI GY : Daimler Sees Ebit for FY 2020 at Prior-Year Level, Raises Earnings Forecast on China Auto Sales Rebound
- ECONB BB : Econocom Cuts FY Organic Revenue Forecast
- ELIS FP : Elis Raises FY Ebitda Margin, Free Cash Flow Targets
- EPIA SS : Epiroc 3Q Orders Beats Estimates
- EQNR NO : Equinor Appoints Skeie as CFO From Nov. 1 as Bacher Resigns
- EO FP : Faurecia 3Q Rev. Ex-Fx Falls by 7%; Raises 2H Guidance
- ICA SS : ICA Gruppen 3Q Adjusted Operating Profit Beats Estimates
- IPS FP : Ipsos 3Q Revenue EU468.6M
- INTRUM SS : Intrum 3Q ‘Strong,’ Pandemic Impacts New Business Volumes, Launches Share Buybacks to Secure Incentive Program
- ILD FP : Iliad to Sell 60% of Play Infrastructure to Cellnex for EU804m
- ITM LN : The Race to Hydrogen Goes Beyond Brexit With Italy-U.K. Deal
- KER FP : Gucci’s Appeal Holds Up in Pandemic as Kering Beats Estimates
- LI FP : Klepierre Nine-Month Gross Rental Income EU867.8m, -7.3%
- KWS GY : KWS Saat FY Net Sales Beat Estimates
- KOMN SW : Komax Sees FY Revenue At Least CHF300M, Est. CHF316.0M
- MC FP : LVMH to Pay Interim Div. of EU2/Shr
- MC FP : PE veteran behind LVMH arm launches own US$500m Asia fund
- ML FP : Michelin Raises FY Guidance; Boosts Credit Line to EU2.5b
- MONC IM : Moncler 9M Revenue EU765.1M
- NEOEN FP : Neoen Wins 14MW of Wind, Solar Projects in France
- NDA SS : Nordea Beats Profit Estimates and Pledges to Reinstate Dividend
- NHY NO : Norsk Hydro 3Q Revenue Beats Estimates
- ORA FP : Orange Considers IPO of Cyberdefense, CEO Says: Les Echos
- OBEL BB : Orange Belgium Maintains FY Adj Ebitda EU310M to EU330M
- OR FP : L’Oreal CEO Expects to Outperform Market in 2020, L’Oreal CEO Confirms To Get Out Of Around 1,000 U.S. Stores
- PYPL US : PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo
- PNDXB SS : Pandox 3Q Income From Property Management SEK630.0M
- RNO FP : Renault Beats Revenue Estimates as Electric-Car Sales Surge
- RNO FP : Renault Deputy CEO Says Europe Virus Surge Has Hurt Visibility
- RIEN SW : Rieter 9M Orders CHF425.1M
- SSABA SS : SSAB Said to Eye Tata Steel Europe Deal as Thyssenkrupp Backup
- SCHP SW : Schindler Boosts FY Net Income Forecast, Misses Estimates
- LIGHT NA : Signify 3Q Adjusted Ebita Beats Estimates
- SNB SW : SNB May Have to Sell Some of Its $100 Billion in U.S. Stocks
- THULE SS : Thule 3Q Adjusted Ebit Beats Estimates
- TKA GY : SSAB Said to Eye Tata Steel Europe Deal as Thyssenkrupp Backup
- WHA NA : Wereldhave Boosts FY EPS Forecast
- WIHL SS : Wihlborgs 9M Income From Property Management SEK1.41B
- WDI GY : German Financial Watchdog Sees Rising Credit Defaults: SZ