U.S. and European equity futures retreated with most Asian shares Thursday as investors looked past stimulus packages to the mounting human impact of the coronavirus outbreak. Government bonds and the yen pushed higher.
Contracts on the S&P 500 slipped as the U.S. death toll topped 1,000 and Japanese shares sank as much as 3% amid further efforts to contain the movement of people. Shares in South Korea and Australia gained, bucking the trend. The Australian and New Zealand dollars declined. Meanwhile, the U.S. Senate passed the $2 trillion virus rescue plan, sending the bill to the House.
US After Hours SCVL +9.9%, MU+5.7%, FUL +0.3%, NBLX +5.9%, GRFS +3.8%, HPQ +1.9%
Nikkei -4.51% Hang Seng -0.71% CSI -0.47% Shanghai -0.44% Shenzen -0.62%
Eur$ 1.0910 CNH 7.1275 CNY 7.1130 JPY 110.58 GBP 1.1840 CHF 0.9739 TRY 6.4570 RUB 78.37 WTI$ 24.06 -1.76%
S&P -1.48% EuroStoxx -2.28% FTSE-2.05% Dqx -2.51% SMI -1.59%
Macro :
- German April GfK Consumer Confidence +2.7; Est. +7.5 (Table)
- Senate Passes $2 Trillion Virus Rescue Plan; Sends Bill to House
- Brevan Howard Hedge Fund on Track for Record Month With 17% Gain
- U.S. Investor Bull-Bear Spread -19.2: AAII
- JPMorgan’s Equity Derivatives Haul Said to Soar to $1.5 Billion
Keep an eye on :
- ACCEL NA : Accell Pulls Dividend Proposal, Draws EU50 Mln Under Facility
- ADP FP : France’s Orly Airport to Close Temporarily From March 31: Echos
- AIR FP : Airbus Cuts Production at Wing Plants in Germany, U.K.
- AIR FP : Germany to Split Replacement Order Between Boeing, Airbus: DPA
- AKERBP NO : Aker BP Total Net Proven Reserves Estimated 666Mln BOE End 2019
- ALT FP : Altran Board Scraps Dividend for 2019 Due to Coronavirus
- AAPL US : Apple Weighs Delaying 5G iPhone by Months: Nikkei
- AAPL US : With Cash Above $200 Billion, Apple Liquidity Is Best in Class
- BYW6 GY : BayWa: 2020 Ebit Likely to Improve Moderately
- BZU IM : Buzzi Unicem FY Dividend Per Share EU0.15 Vs. EU0.125 Y/y
- CAI AV : CA Immo Full Year Dividend Per Share Beats Estimates
- CWC GY : Cewe Says 2020 Targets May Be Unachievable on Coronavirus
- CFN PL : Cofina Asks Regulator to Consider Bid for Media Capital Extinct
- COFB BB : Cofinimmo Offering by Care-Ion Prices 433k Shares (1)
- DEZ GY : Deutz to Ramp Down Production in April, Retracts Guidance
- DMGT LN : Daily Mail Sees Earnings in Line With Expectations
- DNB NO : Norway Won’t Force Banks to Retain 2019 Dividends Amid Crisis
- DRI GY : 1&1 Drillisch Full Year Ebitda Meets Estimates
- DWNI GY : Berlin Freeze Drags Deutsche Wohnen, Not Virus: Earnings Outlook
- EDEN FP : Edenred Suspends 2020 Targets Due to Coronavirus
- ENI IM : Eni to Cut 2020 Capex by About EU2B, Go Deeper in 2021
- EL FP : Essilor Says Computer Systems Suffered Cyber Attack March 21
- EVT GY : Evotec SE Sees ‘20 Adj. Ebitda at Similar Level as ‘19
- EXO IM : Exor Full Year Net Assets $26.16 Bln, +33% Y/y
- FER SM : Ferrovial Says Main Toll Roads Have Required Liquidity for 2020
- F US : *FORD FALLS 2% POST-MARKET AFTER BEING CUT TO JUNK BY S&P
- FRA GY : Fraport to Carry Forward 2019 Net Profit Onto Revenue Reserves
- GRF SM : *GRIFOLS ADRS RISE 4% ON PLAN TO PROCESS PLASMA FOR COVID-19
- GRF SM : Grifols to Work With FDA, Collect Plasma From Covid-19 Patients --> +4% in after Hours
- HAB GY : Hamborner REIT Withdraws Earnings Forecast for Fiscal Year 2020
- HSP LN : Hargreaves Says Performance is in Line With Expectations
- INTRUM SS : Intrum Says No Longer Possible to Meet Targets for This Year
- INTU LN : Intu to Reveal It Received Barely One Third of Rent Owed: Sky
- IPN FP : Ipsen to Reinitiate Palovarotene in Patients From 14 Years Old
- IBAB BB : Ion Beam Full Year Adjusted Ebit Misses Lowest Estimate
- DEC FP : JCDecaux Cancels 2019 Dividend, Cuts Guidance on Coronavirus
- MMB FP : FT : Amber Capital makes move to oust Lagardère board - https://on.ft.com/2WFfwq6
- LAND SW : Landis+Gyr Meter Deployment May Slow Amid Virus: Company Outlook
- LR FP : Legrand Suspends 2020 Targets Due to Coronavirus Outbreak
- MRL SM : Spanish Billionaire Builds Up $195 Million Stake in Merlin REIT
- BNB BB : National Bank of Belgium Cuts Dividend to EU122.57 a Share
- ORSTED DC : Unfazed by Virus, Orsted Weighs Almost $13 Billion in Taiwan
- PFV GY : Pfeiffer Vacuum Full Year Dividend Per Share Misses Estimates
- PHM SM : Pharma Mar to Buy Back Up to 3% of Own Shares
- RENE PL : REN Full Year Net Income EU118.9 Mln, +2.8% Y/y
- REP SM : Repsol Scraps Buyback, Slashes Spending on Lower Oil Prices
- RXL FP : Rexel Suspends 2020 Guidance, Draws EU550m of EU850m Credit Line
- SANT GY : S&T Full Year Ebitda EU111.7 Mln, +23% Y/y
- G24 GY : Scout24 Suspends Forecast for FY 2020, Extends Share Buybacks
- SIX2 GY : Hertz, Avis Downgraded at Consumer Edge on Demand, Supply Shocks
- AM3D GY : SLM Solutions Full Year Adj Ebitda Loss EU26.0 Mln
- S92 GY : SMA Solar Full Year Ebitda EU34 Mln Vs. Loss EU69.1 Mln Y/y
- SOON SW : Sonova Cuts Full Year Sales Forecast
- TTR1 GY : Bafin Fines Technotrans EU210,000 on Declaration Violation
- TMO US : Thermo Fisher Gets CE Mark for Coronavirus Diagnostic Test
- UTDI GY : United Internet Ebitda Meets Estimates, Sees Stable Profit
- VALN SW : Valora Sees ‘Pronounced Negative Effect’ on 1H, FY20 Net Profit
- VLA FP : Valneva Completes End-of-Phase 2 Meeting With FDA on VLA1553
- VOW3 GY : VW Says China Sales Could Reach Pre-Crisis Level in Summer: FAZ
- ROSE SW : Zur Rose to Offer CHF150m Convertible Bonds Due 2025