Stocks in Asia traded mixed, still on track for a third week of losses, as investors digested the latest trade war headlines. Treasuries steadied following Thursday’s rally.
Declines on Japan’s Topix index eased, with shares in Hong Kong edging higher alongside gains in S&P 500 Index futures. Stocks in Australia remained lower. The drop in South Korea’s key index erased its 2019 advance. After the close on Wall Street, President Donald Trump said that Huawei Technologies Co., which was put on a U.S. blacklist earlier this month, could be part of a trade pact with the country. The rally in sovereign bonds showed signs of easing after yields on 10-year Treasuries touched the lowest since 2017. Crude oil recovered.
US After Hours VSAT +9%, DECK +5%, DXC +4%, INTU +1.7%, ADSK -9%, LGF.A -5%, ROST -3%, SPLK -2%, HPE -1.7% following earnings/guidance
Nikkei -0.25% Hang Seng+0.24% CSI +0.29% Shanghai +0.02% Shenzen -0.40%
Eur$ 1.1182 CNH 6.9299 CNY 6.9121 JPY 109.61 GBP 1.26666 RUB 64.7465 CHF 1.0039 TRY 6.1276 wTI$58.63 +1.24%
S&P +0.34% EurosToxx +0.30% FTSE +0.30% Dax+0.34% SMI +0.33%
Macro :
- Trump Says Huawei Could Be Included in a Trade Deal With China
- Goldman Trade-War Scenarios See U.S. Stocks Sliding Up to 7%
- Money Market Funds, U.S. Equities See Inflows, Jefferies Says
Keep an eye on :
- AED BB : Aedifica to Spend EU72m on Four German Care Homes in Specht Pact
- AIRN SW : Airopack Technology to Delist From SIX Swiss Exchange
- BG AV : Bawag Offering by Holder Prices 9.3m Shares at EU36/Share
- B2H NO : B2Holding First Quarter Ebit Misses Estimates
- BT/A LN : BT Says ‘Hugely Disappointed’ to Lose FA Cup Broadcast Rights
- CO FP : Casino Was Materially Misleading Investors, Muddy Waters Says
- CO FP : Casino Holding Rallye Granted Creditor Protection: Le Figaro
- EKTAB SS : Elekta Unity System Gets Japanese Approval for Clinical Use
- GAM SW : Billionaire Soros's Fund Buys 3% Stake in Asset Manager GAM
- GLEN LN : Glencore Agriculture Replaces CEO as Chris Mahoney to Retire
- IAG LN : Latam Airlines International Routes Plans Blocked by Chile Court
- INDV LN : Indivior, Rhodes Settle Patent Case Over Opioid-Addiction Drug
- ITX SM : Inditex to Split Chairman-CEO Role Into Two, Promote Crespo
- BAER VX : Julius Baer Draws Up Shortlist to Pick CEO Replacement in Months, Julius Baer New Money Growth Misses Goal While Assets at Record
- NYR BB : Nyrstar Postpones Full-Year Earnings Report Two Days to May 26
- RAL FP : Rallye Gets Creditor Protection; Securities Listing Resume Fri., *RALLYE: PART OF DEBT SUBJECT TO PLEDGE OVER SHARES
- RNO FP : Ghosn’s Executives Proposed Foundation to Run Alliance: FT
- SFL IM : Safilo Agrees to Sell U.S. Retail Chain Solstice to Fairway
- SAF FP : Safran: AGM Approves EU1.82/Shr Div., Board Reappoints McInnes
- SRP LN : Serco Placing Priced at 126 Pence Per Share, Raising GBP140m
- SWEDA SS : Lawyer Grimstad Looked at Swedbank Laundering Risks in 2017: DI
- TM17 LN : Team17 Holders Paul Bray and Kelvin Aston to Offer 8.6m Shrs
- VAO GY : Vapiano Gets Loan Commitments of EU30 Million From Lenders
- VIV FP : Vivendi Discussed Possibility of Share Buyback for 5% Of Capital
- VIV FP : Trade War Is Music to a French Billionaire’s Ears: Webb & Culpan
- WPP LN : Target in Talks to Buy WPP’s Retail Ad Firm Triad: WSJ