A rebound in U.S. equity futures Monday offered some hope of stabilization after last week’s rout, with shares in Asia paring losses as investors continued to assess the impact American protectionist policies will have on global growth.
Japanese equities reversed declines of more than 1 percent to end higher, while shares also gained in Seoul. Stocks stayed lower in Shanghai with investors awaiting further developments on the U.S.-China tariffs, while those in Hong Kong and Sydney also fell. Futures on the S&P 500 Index and the Nasdaq advanced. The yen slipped back from the strongest in more than 16 months against the dollar and Treasury yields ticked higher.
Nikkei +0.72% Hang Seng -0.14% CSI -0.98% Shanghai -0.98% Shenzen +0.86%
Eur$ 1.2367 CNH 6.3008 CNY 6.3079 JPY 105.05 GBP 1.4167 CHF 0.9483 RUB 56.9675
S&P +0.97% EuroStoxx +0.12% FTSE +0.12% Dax +0.13% SMI +0.58%
Macro :
- U.S. Tax Reforms to Boost S&P 500 ROE to 2007 High, Goldman Says
- JPMorgan Sees Market Overcoming Stock Rout, But Beware Trade War
- Bond Traders Face Gut-Check in Record $300 Billion U.S. Auctions
- Burkhard Balz to Join Bundesbank Board on Sept. 1, WamS Reports
- EU’s Vestager Says Breaking Up Google Still On Agenda: Telegraph
Keep an eye on :
- ABBN SW : ABB CEO Aims to Double Robot Output in China Within Three Years
- AD NA :
- ALV GY : *ALLIANZ, PING ARE SAID IN TALKS W/ CBA ON GEN INSURANCE OPS:AFR
- ALO FP : Enea/Energa Unit Wants GE-Alstom Bid for Ostroleka Power Project
- BMPS IM : Monte Paschi Shareholder to Propose Suing Other Banks, Directors
- EN FP : Bouygues to Buy Alpiq Units for About CHF750 Million: SZ
- BG US : Bunge Director Andreas Fibig Won’t Stand for Re-Election
- CA FP : Jeronimo Martins, Carrefour Eying Polish Piotr i Pawel: Rp.pl
- BN FP : Saudi Dairy Firm Nadec to Buy Danone Unit Via Capital Raise (1)
- DBK GY : Deutsche Bank Must Reduce Complexity More Quickly, COO Tells HB
- DUFN SW : Dufry Wins Duty Free Contract for New Hong Kong Railway Station
- EVT GY : Evotec Launches Accelerated Drug Development Service Indigo
- GATE SW : Gategroup IPO Price Is Too High, According to Investors: FuW
- GIVN SW : Givaudan Buys Naturex Stake for EU522m and Makes Tender Offer
- GKN LN : Dana Increases Cash Consideration for GKN Driveline by $140m
- IAG LN : U.K. Is Said to Crack Down on Airlines’ Hidden Fees: Times
- INCH LN : Inchcape to Buy Grupo Rudelman for $284m for C. American Growth
- JMT PL : Jeronimo Martins, Carrefour Eying Polish Piotr i Pawel: Rp.pl
- JD/ LN : JD Sports to Buy Finish Line for $13.50-Share; FINL Reports 4Q
- NOM NO : Keliber Considering Listing in Helsinki in 2H, Finansavisen Says
- LBK SM : Spanish Lender Liberbank Is Open to Merger, Expansion Says
- MC FP : Louis Vuitton Names Virgil Abloh as Its New Men’s Wear Designer
- MAERSKB DC : Maersk CEO Rules Out Deals Until After Hamburg Sued Integration
- NRX FP : *GIVAUDAN TO OFFER EU135/SHR FOR NATUREX OUTSTANDING SHARES
- NOS PL : NOS Doesn’t Need to Sell Assets, CEO Almeida Tells Expresso
- NOVN VX : Novartis to Double $2B China Business Over Five Years: CEO
- RIO LN : Rio Tinto CEO Says Watch Out for ‘Tit-for-Tat’ War on Trade
- RST LN : Restore to Buy TNT Business Solutions for GBP88m
- SCHA NO : Schibsted to Adjust Reporting Structure as of Report for 1Q
- SHP LN : Shire Inks Agreement with NanoMedSyn; Terms Are Not Disclosed
- SGR LN : Shore Capital GBP41.9m Revenue in 2017, Up 6.3% y/y
- SKG ID : Smurfit Kappa Rejects Revised Proposal From International Paper
- SDY LN : Speedy Hire Says FY Adjusted Profit To Beat Expectations
- UHR SW : Swatch Group’s Breguet Has Named Thierry Esslinger New CEO
- FP FP : Oman Says in Talks W/ Shell, BP, Total on Refining Investments
- TIT IM : Telecom Italia CEO Says Most Investors Back Strategy: JDD
- UBI IM : UBI Banca Denies Report Board Discussed Paschi Merger Study
- UBSG SW : UBS Eyes Small Deals as Ermotti Sees Bank Consolidation in 2018
- VRP LN : Verona Primary Endpoint Met; RPL554 Produced Improvements
- VPK NA : Activist Investor ValueAct Reports 3.02% Holding in Vopak
- VOW3 GY : VW Board Must Become ‘Younger, More Female’: Mueller to Spiegel