Asian equities mostly climbed Thursday as investors awaited fresh developments on U.S.-China trade talks and signals on how deep the global economic slowdown will be. The dollar ticked higher and the yen retreated.
Investors continue to operate in a drought of data on the U.S. economy thanks to the partial federal government shutdown, which a top White House adviser said could see growth come to a halt this quarter. The yuan held overnight gains before key trade talks next week. Chinese and Korean shares posted the biggest gains while those in Japan and Hong Kong were more muted. Futures signaled a tepid start for the European and U.S. sessions. Ten-year Treasury yields held within their recent range.
US After Hours SLM / XLNX +9%, AZPN +8%, URI +5.6%, TER / LRCX +4% are higher, while BGG / CTXS -6%, LVS -3% are lower following earnings/guidance
Nikkei -0.09% Hang Seng +0.21% CSI +0.565 Shanghai +0.41% Shenzen +0.46%
Eur$ 1.1374 CNY 6.7925 CNH 6.8024 JPY 109.70 GBP 1.3052 CHF 0.9945 TRY 5.2890 RUB 66.0432 WTI $52.39 -0.50%
S&P -0.02% EuroStoxx +0.19% FTSE -0.02% DAX +0.09% SMI -0.06%
Macro :
- European Equities Have Lots of Room to Pull Back, SocGen Says
- There’s a Good Chance ECB Sends the Euro Slumping: Macro View
- Trump Recognizes Guaido as Venezuela Leader, Rebuking Maduro
- No-Deal Brexit Risk Recedes as Calls Grow to Delay the Split
- Hedge Funds Fired Up as Stock-Valuation Gap Hits Six-Year High
- German Govt in Talks With Bank Investor Cerberus: FAZ
Keep an eye on :
- 888 LN : 888 Says COO Itai Pazner Replacing Itai Frieberger as CEO
- AC FP : AccorHotels Confirms Results of Tender Offer for Orbis Shares
- ADS GY : Adidas Has Pressure on Competition, Cyclicality: Morgan Stanley
- AF FP : Air France Reaches Tentative Deal With Pilot Unions
- AF FP : Air France’s SNPL Pilot Union to Consult Members on Pay Proposal
- AIXA GY : Lighting Stocks May Fall After Osram Warns of Market Decline
- AJAX NA : Ajax Agrees Transfer of Frenkie de Jong to Barcelona for EU75M
- ALO FP : It Would Be Better If Siemens-Alstom Got EU Nod, Moscovici Says
- BBVA SM : BBVA Hires PwC to Investigate Villarejo Issue: Expansion
- BKT SM : Bankinter Full Year Net Income 1.8% Above Estimates
- BARC LN : Barclays CEO Sees Return to More Normal Volatility Levels: CNBC
- BSLN SW : Basilea, Roche to Study Combination of Derazantinib, Tecentriq
- BEAN SW : Belimo Full Year Sales Meet Estimates
- BCART BB : Biocartis Raises EU55.5M Gross Proceeds in Private Placement
- BIO GR : Biotest’s Intratect Approved for Addl Use in 22 EU Countries
- BMW GY : Daimler, BMW Invest EU500m Each in Mobility JV Jurbey: Welt
- BPOST BB : Bpost Rival Wins Ruling to Operate in Belgian Cities: L’Echo
- BPOST BB : Bpost, Brussels City to Sell Centre Monnaie Bldg for EU55.7M
- BONAVA SS : Bonava Fourth Quarter Net Sales Miss Lowest Estimate
- CRG IM : Carige Received Expressions of Interest: Lener Tells IL Sole
- CIR LN : Circassia Pharma to Buy Rights to AirNOvent in U.S., China
- CMCX LN : CMC Markets Says Revenue Remains Down; Conditions Improved in 3Q
- CSP LN : Countryside First Quarter Homes Completed 1,094
- DMGT LN : Daily Mail First Quarter Revenue -2%
- JB7 GY : Deutsche Industrie REIT Supervisory Board Chairman to Resign
- EKI FP : Ekinops Sees 2018 Profit Margins ’Largely’ Exceeding Targets
- ELIOR FP : Elior Group Confirms FY Outlook; 1Q Rev. EU1.75B
- EMIS LN : EMIS FY Trading in Line, Rev. Ahead of Comparative Period
- FCA IM : Lawyers Suing Fiat Chrysler to Seek Over $100 million: Reuters
- FEVR LN : Fevertree Drinks FY Seen ‘Comfortably Ahead of Views’
- FLYB LN : Flybe Says First GBP10m Received From Connect Airways
- HAL NA : HAL Full Year Net Asset Value Per Share EU137.42
- HUBN SW : Huber + Suhner Full Year Revenue Meets Estimates
- ITE LN : ITE First Quarter Revenue GBP31.5 Mln
- JE/ LN : Just Eat Preferred to Delivery Hero on Risk-Reward: JPMorgan
- KAZ LN : KAZ Minerals Fourth Quarter Copper Production 77,900 Tonnes
- LIGHT NA : Lighting Stocks May Fall After Osram Warns of Market Decline
- MTRO LN : For Metro Bank, Capital Increase a Matter of ‘How Much’: Citi
- NCC LN : NCC First Half Revenue GBP126.0 Mln
- NEXT NO : Next Biometrics 4Q Rev in Line With 3Q; Targets 20% Cost Cuts
- NDA SS : Cevian Wants Nordea to Carry Out Its Cost Reductions Quickly: DI
- NZYMB DC : Novozymes Fourth Quarter Ebit 2.8% Below Estimates (1)
- OCI NA : OCI Shares Drop as Goldman Sachs Lowers PT by 7.3%
- OSR GY : Osram Licht Says Market Decline Hurt Fiscal 1Q Revenue
- PLT IM : Lactalis Preparing Parmalat Reorganization, Il Sole Says
- PAY LN : Paypoint Third Quarter Net Revenue GBP30.9 Mln
- RI FP : Pernod Ricard Names Patricia Barbizet Lead Independent Director
- PMO LN : Premier Oil Says Zama-2 Well ‘Increases Confidence’ in Resource
- QXT LN : Quixant Says FY Sales, Profit ‘Slightly Lower’ Than Expectations
- RTN LN : Restaurant Group Full Year Comparable Sales Decline by 2%
- SIE GY : Siemens Gamesa Plans 400 Offshore Wind Turbines in 2019: Nauen
- SLIGR NA : Sligro Full Year Ebitda 3.1% Below Estimates
- SOFF NO : Solstad Offshore Impairs 3Q Fleet Values, May Make More for 4Q
- STM FP : *STMICROELECTRONICS 4Q NET REV. $2.65B, EST. $2.64B
- STM FP : STMicro Sees 1Q Net Revenue Decrease About 20.7% Q/Q (1)
- STJ LN : St James's Place Funds Under Management GBP95.55 Bln
- SIE GY : Siemens CEO Sticks to Alstom Deal With IPO Option Close at Hand
- LNSX GY : Sixt Leasing Reports FY 2018 Prelim. Revenue of EU805.8m
- SON PL : Sonae Full Year Revenue Beats Highest Estimate
- TEL NO : Telenor Digi Sees 2019 Ebitda With Low Single Digit Growth
- TOD IM : Tod's Full Year Comp. Sales At Constant FX Miss Estimates, Tod’s 4Q LFL Sales Weak, Negative Share Reaction Expected: Citi
- VOW3 GY : Volkswagen to Invest $10m in Battery Material Startup Forge Nano
- ZEAL DC : Zealand Pharma Names Steensberg Interim CEO; CFO to Leave March