Stocks in Asia pared earlier gains as tensions reignited between India and Pakistan. The dollar edged higher with Treasuries as traders awaited the second half of Federal Reserve Chairman Jerome Powell’s testimony to Congress on the economy and kept a watch on the U.S.-North Korea summit.
Equities came off their highs in Japan and Australia, while Chinese and Hong Kong shares erased an advance. Pakistani fighter jets struck at targets inside Indian-controlled Kashmir, according to a statement from Pakistan’s foreign ministry. European and U.S. futures turned lower. The pound held Tuesday’s gains spurred by a promise from U.K. Prime Minister Theresa May for a vote to delay Brexit if her proposed deal fails.
US After Hours TNDM +19%, PANW +9%, JAZZ +8%, MELI +7% are higher, while WTW -31%, ELF -17%, WLL -11%, MYL -10%, TIVO -8%, BGS -7% are lower following earnings/guidance
Nikkei +0.50% Hang Seng -0.08% CSI -0.76% Shanghai -0.07% Shenzen -1.16%
Eur$ 1.1376 CNH 6.6921 CNY 6.6915 JPY 110.44 GBP 1.3250 CHF 0.9997 RUB 65.7550 TRY 5.3009 WTI$ 55.88 +0.70%
S&P -0.25% EuroStoxx -0.37% FTSE -0.38% Dax -0.37% SMI -0.34%
Macro :
- May Buys Off Rebel Tory Ministers With Chance to Delay Brexit
Keep an eye on :
- ARL GY : Aareal Bank 2019 Operating Profit Forecast Misses Estimates
- ADYEN NA : Adyen 2H Net Revenue Jumps 54%, Beats Estimates
- AED BB : Aedifica Buys Rest Homes in Chemnitz, Leipzig for About EU22m
- AIR FP : *BOEING SIGNS $12.7B PLANE ORDERS FROM VIETJET
- AF FP : Dutch State Has Acquired 12.68% Stake in Air France-KLM
- AF FP : Dutch Government Buys Air France-KLM Stake, Aims to Match France
- AH NA : Ahold Delhaize 4Q Adjusted Operating Profit 2.4% Above Est.
- ALTR PL : Altri Says Mondego Unit Issued EU50m in Green Bonds
- ARCHER NO : Archer Fourth Quarter Revenue Meets Estimates
- BAYN GY : Bayer 4Q Adj. Ebitda in Line; Says U.S. Plaintiffs Number 11,200
- BAYN GY : Bayer Completes NDA Rolling Submission for Darolutamide in U.S.
- BEI GY : Beiersdorf Full Year Sales Meet Estimates
- BEI GY : Beiersdorf To Invest EU70M-EU80M/Year in its Consumer Segment
- BIM FP : BioMerieux Full Year Net Income Beats Highest Estimate
- BOBNN SW : Bobst Full Year Dividend Per Share Misses Lowest Estimate
- CEVA SW : Ceva Logistics 4Q Ebitda Falls 12.3%; Affirms Mid-Term Goals (1)
- COL SM : Colonial Full Year Recurring Ebitda Beats Highest Estimate
- EDP PL : EDP CEO Says 95% of Utility’s Shareholders Aren’t Portuguese
- EDPR PL : EDP Renovaveis Full Year Net Income EU313 Mln
- ENG SM : Enagas Full Year Net Income Meets Estimates
- ELE SM : Endesa Full Year Net Income 2.1% Below Estimates
- ENC SM : Ence Full Year Net Income 1.4% Below Estimates
- ENGI FP : Suez Names Camus as CEO, Chaussade as Chairman of the Board
- FCT IM : Di Maio Says No Decision Has Been Taken Yet on Fincantieri CEO
- GTT FP : GTT FY Ebitda EU168.7m; Targets FY 2019 Ebitda of EU150m-160m
- GVNV NA : GrandVision Full Year Adjusted Ebitda Meets Estimates
- HEIA NA : Heineken Renegotiation with OXXO Removes Overhang: Jefferies
- HLNG NO : Hoegh LNG Fourth Quarter Ebitda Beats Highest Estimate
- KBC BB : KBC Successfully Places Additional Tier-1 Instrument for EU500M
- KUD SW : Kudelski 2018 Revenue Misses Estimates, Sees Slight Rise in 2019
- KNIN SW : Kuehne + Nagel Full Year Ebit 1.3% Below Estimates
- ALY LN : Laura Ashley Says Flacks Group Bid Significantly Undervalues Co.
- MELI US : MELI 4Q Adj Loss/Shr Narrower Than Est.; Shares Rise 5.1%
- MTRO LN : Metro Bank CEO Donaldson: This Has Been ‘Chastening Experience’
- NIBC NA : NIBC Appoints Dick Sluimers as Chairman of Supervisory Board
- NOVOB DC : Novo Says Cutting U.S. Prices Wouldn’t Make Sense: Berlingske
- OCDO LN : *M&S TO PAY OCADO £800M-£900M FOR 50% STAKE IN JV: FT
- UG FP : Europe’s Planned CO2 Limits Threaten Auto Jobs: PSA CEO to FAZ
- PIRC IM : Pirelli Proposes Dividend of EU0.177/Share
- RIO LN : Rio Tinto to Pay $4b Special Dividend, Maintains Output Forecast
- PRS SM : Prisa to Buy Remaining 25% Santillana Stake for EU312.5m
- RDSA LN : Shell Oman Expands Aviation Fuel Pact With Oman Air
- RR/ LN : Rolls-Royce Selects Indianapolis for USAF B-52 Engine Assembly
- SAF FP : Safran FY Adj. Recurring Op. Income EU3.02B; Est. EU2.94B
- SZG GY : Salzgitter Full-Year Sales Meet Estimates, Guidance Affirmed
- SOLB BB : Solvay Fourth Quarter Adjusted Ebitda Meets Estimates
- SEV FP : Suez Full Year Ebit 1.5% Above Estimates
- SRCG SW : Sunrise Is Said to Near Deal for Liberty Global’s Swiss UPC Unit
- SWEDA SS : Swedbank Informed Largest Shareholders of Coming TV Report: DN
- FP FP : Total Stops Oil Shipments Through Pipeline After Leak Near Paris
- UNI SM : Unicaja One of Few Banks to Own in Southern Europe: Berenberg
- VAN BB : Van de Velde Full Year Net Income Beats Highest Estimate
- WIE AV : Wienerberger Full Year Adjusted Ebitda Meets Estimates