Stocks in Asia were mixed, while U.S. futures edged higher, as investors monitored geopolitical risks and prepared for the high-stakes meeting between Presidents Donald Trump and Xi Jinping. Oil climbed as the U.S. said it was planning sanctions on Iran.
Shares slipped in Sydney, were little changed in Tokyo and Shanghai, and edged up in Hong Kong. European equity futures were flat. S&P 500 futures rose after the gauge Friday slipped from an all-time high. The yen and the offshore yuan were steady. The yield on 10-year Treasuries was flat at 2.05%. The Turkish lira jumped after the opposition candidate won the redo of Istanbul’s mayoral race. The Aussie rose after Reserve Bank of Australia Governor Philip Lowe said there are limits to what monetary easing can achieve.
Nikkei +0.11% Hang Seng +0.06% CSI +0.00% Shanghai -0.01% Shenzen -0.25%
Eur$ 1.1378 CNH 6.8723 CNY 6.8735 JPY 107.44 GBP 1.2750 VHF 0.9777 RUB 63.0603 TRY 5.7419 WTI$ 57.81 +00.68%
S&P +0.29% EuroStoxx +0.06% FTSE +0.09% Dax -0.15% SMI -0.08%
Macro :
- Erdogan Dealt Stunning Blow as Istanbul Elects Rival Candidate
- New Sanctions Coming on Iran But Trump Would Be Happy to Talk
- Bitcoin at $10,000 Is About More Than Zuckerberg: Lionel Laurent
Keep an eye on :
- AIR FP : Airbus Plans to Shut Down Subsidiary Under Bribery Investigation
- ALO FP : Alstom Presents 2023 Targets, Sees Adj. Ebit Margin of About 9%
- ATL IM : Telepass may be listed following sale of 30% stake by Atlantia - report
- BEI GY : Beiersdorf Planning New Acquisitions, Boersen-Zeitung Reports
- BELL SW : Bell Food Sells German Sausage Business
- CA FP : Carrefour announces the sale of a controlling stake in its activities in China to Chinese group Suning.com
- CMBN SW : *CEMBRA MONEY BANK CEO: ACQUISITION BIGGER THAN CHF270M POSSIBLE
- DAI GY : Daimler Cuts 2019 Ebit Forecast on Diesel Provisions
- DBK GY : Fed Officials Ask Deutsche Bank to Explain ‘Bad Bank’ Plans: FT
- DUNI SS : Duni CEO Says 5% Organic Growth Target Is More Feasible Now: DI
- BN FP : Saudi Dairy Firm Nadec Abandons Plan to Buy Danone Unit
- ETO LN : Entertainment One Gets Another Buy Rating From Berenberg
- ERF FP : Eurofins Says Cyber Attack May Have Material Impact
- EVR LN : Russia’s Evraz Eyes British Steel Business in France, FT Reports
- G1A GY : GEA Group Reshuffles Structure to Boost Profitability
- IFX GY : Chip Stocks in Focus After U.S. Blacklists More China Tech Cos.
- LHA GY : *LUFTHANSA CHANGES DIVIDEND POLICY TO 20%-40% OF ADJ. NET
- B$B GY : Metro Gets Takeover Offer From Czech Billionaire, Partner (2)
- B4B GY : METRO AG: EP Global Commerce's unsolicited offer substantially undervalues METRO
- KN FP : Natixis Supports H2O Measures, Brings Forward Audit, H2O Outflow Acceleration Will Cap Natixis Valuation Range: React
- KN FP : H2O Says Funds Will Be Priced at a Discount Between 3% and 7%
- RNO F : Fiat Chrysler and Renault Hope Merger Talks Will Restart Soon -WSJ
A vote by Nissan shareholders this week could pave the way for Fiat Chrysler and Renault to resume their $40 billion merger talks
- RNO FP : France to Review Ghosn’s Income Tax Declarations: Liberation
- SGSN SW : SGS Sells Petroleum Services Corp to Aurora Capital for $335m
- CAF SM : Polish Fund PFR Seeks New Terms to Buy Stake in Solaris: Puls
- STM FP : Chip Stocks in Focus After U.S. Blacklists More China Tech Cos.
- VLTSA FP : Voltalia Announces Capital Increase of Around EU376m