Stocks in Asia followed their U.S. counterparts higher on signs that an escalation of trade tensions was beginning to ease. The yen slipped and the South Korean won rallied as news emerged of a surprise visit to China by North Korea’s leader. Japan’s benchmarks gained at least 2 percent, while U.S. equity futures built on a Monday rally that saw the S&P 500 Index post its biggest one-day jump since August 2015. The won was the best performer among Asian emerging-market currencies as Kim Jong Un was said to be making an unannounced visitto Beijing, his first known trip outside North Korea since taking power in 2011. The yen was lower as risk-on sentiment returned.
Nikkei +2.43% Hang Seng +0.87% CSI +0.53% Shanghai +0.74% Shenzen +1.89%
Eur$ 1.2452 CNH 6.2504 CNY 6.2597 JPY 105.61 GBP 1.4228 CHF 0.9444 RUB 57.17 WTI$ 65.66 +0.17%
S&P +0.44% EuroStoxx +1.54% FTSE +1.29% Dax +1.83% SMI +1.69%
Macro :
- JPMorgan Says Buy U.S. Equities, Tariff Selloff Was ‘Irrational’
- One Strong Bounce Does Not a Bull Market Make: Macro View
- ECB Said to Have Raised Concern Banks Could Mask Losses for 2017
Keep an eye on :
- AKZA NA : AkzoNobel to Hand Most of Chemical Sale Proceeds to Investors
- APH LN : Alliance Pharma Open to More Deals This Year; FY Rev. Up 6%
- AAPL US : Apple Assembler Pegatron Says Can Move Output to U.S., Europe
- BALN SW : Baloise Full Year Profit 1.5% Below Estimates
- CAI AV : CA Immo Proposes Dividend Increase by 23% to EU0.8/Share
- CO FP : France’s Monoprix to Sell Products on Amazon
- FDR FP : Fonciere Des Regions Seeks to Buy Hotels in U.K. From Starwood
- GSK LN : Glaxo to Start Strategic Review of Horlicks, India Unit Stake
- GSK LN : Novartis Sells Consumer Health Stake to GSK for $13b Cash
- HMB SS : H&M Sees More Markdowns in 2Q vs Year Earlier
- INGA NA : ING Nearing Australia Customer Growth ‘Tipping Point’
- INH GY : Indus Holding Sees Full Year Ebit EU154 Mln To EU160 Mln
- MOSB LN : Moss Bros Proposes to Cut Total Dividend for Year By 32%
- NDX1 GY : Nordex Sees Full Year Revenue EU2.4 Bln To EU2.6 Bln
- NOVN VX : Novartis Sells Consumer Health Stake to GSK for $13b Cash
- UG FP : PSA Is Said to Have Put Its 25% Gefco Stake Up for Sale: Echos
- SGC LN : Stagecoach: FY Adj. EPS Expectations Haven’t Changed vs Interim
- SQ US : Square Jumps as Much as 3.5%, Put Options Active on Block Trade
- SMHN GY : Suess MicroTec Sees Full Year Sales EU195 Mln To EU205 Mln
- UU/ LN : United Utilities Says Trading Is in Line With Expectations
- VIFN SW : Vifor Pharma Grants Zeria Veltassa Licensing Rights in Japan
- VNA GY : Vonovia Says Aggregate Stake in Buwog Totals 74.19%
- VOW3 GY : VW CFO Says Cost Discipline Critical to Finance Push Into E-Cars