Asian stocks gained at the start of the week following a fresh all-time high in their U.S. counterparts Friday, as the Federal Reserve reaffirmed a slow and gradual pace of policy tightening. The dollar ticked lower and the yen climbed.
The biggest advances were in Hong Kong, China and Japan. The yuan was stable after Friday’s gains spurred by the People’s Bank of China move to restrain the influence of market forces that have been driving the currency lower versus the greenback. Treasury yields steadied and oil slipped after its first weekly advance in two months. European stocks futures gained, while markets in the U.K. are closed for a holiday.
Nikkei +0.88% Hang Seng +2.02% CSI +2.11% Shanghai +1.59% Shenzen +2.27%
Eur$ 1.1613 CNH 6.8052 CNY 6.8143 JPY 111.03 GBP 1.2849 CHF 0.9840 RUB 67.4065 TRY 6.0460
S&P +0.14% EuroStoxx +0.41% FTSE +0.25% Dax +0.58% SMI +0.625
Macro :
- U.S., Mexico Said to Near Pact on Issues Hindering Nafta: WSJ
- Big Oil’s Exit Turns Into Revival for Norway’s Aging North Sea
- Yield Curve Plows Toward Inversion in Face of Questions at Fed
- Firestar ‘Directly Involved’ in Billion-Dollar Fraud: Examiner
Keep an eye on :
- ALPH SW : Alpiq First Half Adjusted Ebitda CHF93 Mln
- ATC NA : Relvas Seeks Possible Buyers for Altice Portugal Unit: Expresso
- AMBUB DC : Ambu Chair Sells Shares for DKK61M, Ritzau Reports
- BALTA BB : Balta First Half Revenue EU321.9 Mln Vs. EU333.9 Mln Y/Y
- BAYN GY : Bayer, J&J’s Xarelto Fails ‘Mariner’ Trial of High-Risk Patients
- CRG IM : Banca Carige: Mincione Presented Proposed List for Board
- CARLB DC : Carlsberg Brewing Better Profits, Stronger Stock Price- Barrons- http://bit.ly/2wajyIK
- CEC GY : Ceconomy in Talks With Potential Acquirer of Co.’s Metro Stake
- DAI GY : Daimler to Produce Mercedes Trucks in China: Automobilwoche
- DVMT US : Paul Singer’s Hedge Fund Lobbies Against Dell’s $22B Deal: NYP
- DIA SM : LetterOne’s Fridman Seeks Support for DIA Takeover: Expansion
- DIS US : Walt Disney World Reaches Pact With Workers for Min Wage: CNN
- EMSN SW : EMS-Chemie First Half Chemicals Revenue CHF151 Mln
- EVT GY : Evotec, Centogene Sign Partnership on Drug Discovery Projects
- FPM LN : DNO Withdraws Request for Faroe Petroleum Shareholders Meeting
- GAM SW : Fleeing Investors Add to GAM Challenges After Haywood Suspension
- GN DC : GN Hearing Introduces New Interton Ready Hearing Aid
- GREEN BB : Greenyard Sees FY Adj. Ebitda Falling 25% Instead of Growth
- INW IM : F2i Won’t Sell Ei Towers Mobile Antennas to Inwit: CEO to Sole
- IGY GY : RWE Plans to Submit EON/Innogy Deal for Approval in 4Q: BZ
- LHA GY : Pratt Engines Delay Lufthansa; Boeing Cars: Industrials Wrap
- LUPE SS : Lundin Lifts Rolvsnes Gross Resource Est. to 14-78M BOE vs 3-16M
- MRO LN : Melrose Is Said to Sell GKN Powder Metallurgy Unit: Telegraph
- B4B GY : Haniel Sells 7.3% of Metro to EP Global Commerce
- NAS NO : Agrees to sell six 737-800 aircraft as part of fleet renewal program - Proceeds of sale to be used to repay debt and increase overall liquidity
- NETS US : Netshoes Is Said Working With Goldman to Find Partner: Rtrs
- NOVN SW : Novartis’ Entresto Meets Endpoints in Heart-Failure Trial
- NOVOB DC : Novo’s Ozempic Reduced Risk of Major Events in Analysis
- ORA FP : Orange to Stop Fixed Phone Line Service in 2023: Parisien
- PZZA US : Papa John’s Says Investigation of Inclusion Practices Underway
- SNH GY : Steinhoff Says Hemisphere Long-Stop Date Extended to August 31
- TEL NO : PPF Doesn’t Plan to Flip Telenor Assets Bought This Yr: Novosti
- TIT IM : TIM Participacoes Confirms COO Labriola to Leave Co. Sept. 30
- TSLA US : Elon Musk Says Tesla Will Remain a Public Company - WSJ - https://on.wsj.com/2Nir3UP
- VOW3 GY : VW Is Said to Be Among Investors Musk’s Bankers Lined Up: WSJ