Stocks in Asia ran out of steam as they tried to build on the recent rally that sent U.S. shares to a four-week high with investors betting monetary policy tightening won’t be too severe to derail the bull run in equities.
Japan’s stocks rose to the highest in more than three weeks after the S&P 500 Index recovered most of the losses emanating from the slump that hit global stock markets at the start of the month. The MSCI Asia Pacific Index of stocks pulled back from the day’s highs as S&P 500 Index futures fell. Declines in large-cap companies led shares in China lower. US After Hours NTRI -28%, VERI -13%, FIT -11%, PEGA +9%, PANW +5% following earnings/guidance.
Nikkei +1.07% Hang Seng -0.49% CSI -1.40% Shanghai -1.13% Shenzen -0.27%
Eur$ 1.2331 CNH 6.3018 CNY 6.3069 JPY 106.85 GBP 1.3973 CHF 0.9365 RUB 55.5731 WTI 63.92 +0.02%
S&P -0.23% EuroStoxx +0.09% FTSE +0.23% Dax +0.10% SMI +0.30%
Macro :
- Look to Europe for Stocks That Hold Up Against Bonds: Macro View
- Endesa, Suez, EON Are Utilities to Buy With Catalysts: JPMorgan
- Traders Unfazed by Italy Election, But Some Warn of Complacency
Keep an eye on :
- AC FP : Hotel Companies Fall as Big Earnings Week Kicks Off
- AAPL US : Apple Is Said to Plan Giant High-End IPhone, Lower-Priced Model
- AIXA GY : Aixtron Sees Full Year Revenue EU230 Mln To EU260 Mln
- ALLN SW : Allreal Full Year Dividend Per Share CHF6.25
- ARBN SW : Arbonia Full Year Ebitda CHF120.3 Mln
- AUSS NO : Austevoll Seafood Fourth Quarter Revenue Misses Estimates
- BKIA SM : Bankia to Distribute More Than EU2.5B in Dividends Through 2020
- BAS GY : BASF Fourth Quarter Sales Meet Estimates
- BSLN SW : Basilea Full Year Cash And Cash Equivalents CHF310.7 Mln
- CRDA LN : Croda Full Year Adjusted Pretax Profit Meets Estimates
- DANSKE DC : Danske Used by Putin’s Family to Launder Funds, Berlingske Says
- DBK GY : Deutsche Bank’s DWS to Focus on Sales to Postbank Customers: SZ
- ECONB BB : Econocom Full Year Adjusted EPS Beats Estimates
- EDP PL : EDP Renovaveis Signs Contract to Sell Renewable Energy in U.S.
- ERICB SS : Ericsson Holder Cevian Capital Reports 10.1% Class B Stake
- FME GY : Fresenius May Seek Akorn Deal Exit if Probe Finds Problems: RBC
- FME GY : Fresenius Medical Fourth Quarter Revenue 1.3% Below Estimates
- FME GY : Akorn Plunges 30% After Fresenius Launched Investigation
- HLT US : Starwood Capital Buys Hilton UK Portfolio From Park for GBP135m
- IBE SM : Iberdrola Plans Early Retirement for 3,500 Staff: Confidencial
- KWS GY : KWS Saat Narrows Full Year Ebit Margin Forecast
- LSG NO : Leroy Fourth Quarter Revenue Misses Estimates
- LIGHT NA : Philips Selling 11.6% Stake in Philips Lighting via Placing
- LUX IM : Luxottica FY EPS Beats; 2018 Sales Seen Rising 2-4% Constant FX
- MONC IM : Moncler Full Year Revenue EU1.19 Bln
- PHIA NA : Philips Sells 16.2m Philips Lighting Shares at EU32.10 Apiece
- PSPN SW : PSP Swiss Sees Full Year Adjusted Ebitda Above CHF235 Mln
- PST IM : Poste Italiane Sees Net Rising About 13%/Yr to EU1.2b in 2022
- SAF FP : Safran FY Adj. Recurring Op. Income Above Est.; Div. EU1.60/Shr
- SAP GY : SAP CEO Sees Company Stock Tripling Over Coming Years: HB
- SLA LN : S&P Places Standard Life Aberdeen on Watch Negative
- SLHN SW : Swiss Life Full Year Net Income CHF1.01 Bln
- STAN LN : Standard Chartered FY Adjusted Pretax Profit 4.1% Below Est.
- UN01 GY : Uniper Board of Mgmt Proposes Div of EUR0.74/Shr for 2017
- VAN BB : Van De Velde FY Adjusted Ebitda EU53.5 Mln Vs. EU61.9 Mln Y/Y
- VOLVB SS : Volvo Chairman Says Co., Geely Agree on Strategy: SVD