Stocks in Asia climbed as a rally in technology shares outweighed conflicting signals over U.S.-China trade progress. The dollar slipped against all major peers bar the yen.
Shares rose across the region alongside European and U.S. futures. Technology companies led the way following a strong U.S. session for chipmakers. Sentiment remained fragile as Secretary of Commerce Wilbur Ross said the world’s two biggest economies remain “miles and miles” apart on trade, though White House economic adviser Lawrence Kudlow later said President Donald Trump is optimistic about the trade talks and spoke positively about the January jobs report. The pound climbed on reports Northern Ireland’s Democratic Unionist Party has privately agreed to back the Brexit deal.
US After Hours WDC +9.3%, OSIS +7%, SBUX +1.6% are higher, while RMD -9%, INTC -7%, ISRG -5% are lower following earnings/guidance
Nikkei +0.97% HangSeng +1.38% CSI +0.81% Shanghai +0.37% Shenzen -0.17%
Eur$ 1.1325 CNY 6.7585 CNH 6.7695 JPY 109.81 GBP 1.3108 CHF 0.9955 RUB 65.74 TRY 5,2709
S&P +0,58% EuroStoxx +0,60% FTSE -0.02% DAX +0.36% SMI +0.27%
Macro :
- Mario Draghi Is Watching His ECB Rate Hike Slip Over the Horizon
- ECB’s Coeure Says It’s Too Soon to Tell If Rates to Rise in 2019
Keep an eye on :
- ADP FP : ADP Seeks a 1% Increase in Fees for 2019: La Tribune
- AF FP : Air France, Pilot Unions Reach Agreement in Wage Talks: Figaro
- AI FP : Air Liquide Buys 18.6% of Hydrogenics for $20.5M
- ARNC US : Elliott Discussing Legal Argument to Revive Arconic Deal: NYP
- BKIA SM : Bankia to Propose Gross Cash Dividend of EU0.11576 Per Share
- BOOZT SS : Boozt AB Preliminary Fourth-Quarter Net Revenue Beats Estimate
- EPO LN : Mastercard to Buy Earthport for 33p/Share in Cash
- ENGI FP : Engie Has Balance Sheet to Look for Acquisitions, CFO Says
- ETO LN : Entertainment One Names Tara Long Global Unscripted TV President
- EQNR NO : Equinor, Total to Maintain Venezuela Operations, Joining Chevron
- ERICB SS : Ericsson Fourth Quarter Net Sales Beat Highest Estimate
- FEVR LN : Fevertree in For a Break Before U.S. Takes Off: Jefferies
- GIVN SW : Givaudan Full Year Ebitda 2.5% Below Estimates
- GLA1V FH : Glaston Buys Machinery Specialist Bystronic Glass From Conzzeta
- GKTX FP : Genkyotex Approval of Reverse Stock Split by Holders
- HEIJM NA : Heijmans Wins Provisional EU68.5m Contract for Renovation of AMC
- MTMY LN : Matomy Says Holders Extend Letters of Support to Jan. 30
- COX FP : Nicox Extends Cash Runway Beyond 2020 with Kreos Financing
- NKE US : Nike May Gain Share From Adidas Struggles, Morgan Stanley Says
- NOVN SW : Novartis Wins Order Halting Dr. Reddy’s Afinitor Copy in U.K.
- RADH SS : Radisson Hospitality Sees 4.5-5% LFL Revenue Growth in 2019
- RNO FP : Ghosn’s Total Severance Pay Could Be as High as EU30M: Parisien
- RNO FP : Nissan CEO, New Renault Chairman Discuss Cooperation: Kyodo
- RPC LN : Apollo Enters MoU With Pension Trustees Over RPC Deal
- SFSN SW : SFS Full Year Sales Miss Lowest Estimate
- SSO NO : Scatec Solar Fourth Quarter Ebitda Meets Estimates
- SO FP : Somfy FY Sales Meet Estimates as 4Q Growth Accelerates
- TELIA SS : Telia Fourth Quarter Adjusted Ebitda Misses Lowest Estimate
- UHR SW : Swatch Buys Back About CHF959 Mln in Shares, Ends Program
- UBSG SW : UBS CEO Says January Comparison Will Be Very Challenging
- VOD LN : Vodafone to Build 2,800 LTE Stations by End of 2019: Welt
- ZOO LN : OppenheimerFunds Discloses 12.21% Voting Rights in Zoo Digital