U.S. equity futures dropped after the first three-day rally in American stocks since mid-February, while Treasuries advanced as investors take stock of strengthening stimulus efforts across the globe.
S&P 500 futures retreated after the index surged over 6% Thursday. European contracts fluctuated. The dollar headed for its biggest weekly fall since 2009, with central banks sharply boosting the provision of greenbacks. Asia-Pacific equities had a mixed showing, ranging from a 4%-plus jump in Tokyo to an over 4% slide in Sydney. India’s bonds and currency jumped after monetary policy makers slashed rates in an emergency move. The yen strengthened.
US After Hours SPWH +14.1%, GME +13.4%, KBH +9.3% up on earnings; PRGS -8.2% and LULU -2.3% down on earnings
Nikkei +2.17% Hang Seng +0.45% CSI +0.82% Shqnghqi +0.72% Shenzen +0.31%
Eur$1.1063 CNH 7.0886 CNY 7.0560 JPY 108.40 GBP 1.2273 CHF 0.9603 TRY 6.4095 RUB 77.30 WTI$ 23.08 +2.12%
S&P -0.76% Nasdaq -1% EuroStoxx -0.54@ Dax -0.67@ FTSE -1.15% SMI+0.1%
Macro :
- EU Leaders Struggle to Find Way Forward With Economy Tanking (1)
- Mnuchin: Aim to Keep Markets Open, May Consider Shorter Hours
- U.K. Offers Self-Employed $11 Billion in Coronavirus Cash
- European Airlines Win Relief on Airport Slots Amid Travel Slump
- Germany Seeks to Massively Expand Coronavirus Testing: Bild
- The Airlines Most at Risk as Virus Strikes $252 Billion Blow (3)
Keep an eye on :
- ADS GY : Lululemon Fourth Quarter EPS Beats Estimates, Slips After Holding Off on Offering Full-Year Forecast
- ADP FP : French Constitutional Court Confirms ADP Referendum Failure: AFP
- AENA SM : Aena Scraps 2020 Business Forecasts And Traffic Estimates
- AI FP : Air Liquide’s Sale of Disinfectant Unit Hit by Tighter Financing
- AI FP : Air Liquide Increases Production of Essential Medical Gases
- ATMA LN : Atlas Mara Says Still in Discussion With Equity Group
- BCP PL : Banco Comercial Cancels 2019 Dividend Payment Due to Pandemic
- BVI FP : Bureau Veritas Pulls 2020 Guidance, Can’t Quantify Virus Impact
- CABK SM : Abanca Acquires 40% in Nueva Pescanova for EU115M: Confidencial
- CABK SM : *CAIXABANK TO REDUCE DIVIDEND TO EU0.07/SHARE FROM EU0.15/SHARE
- DAI GY : Daimler Seeking Over $11 Billion Credit Line to Navigate Crisis
- DBK GY : Deutsche Bank Says It Will Pause Job Cuts Amid Pandemic
- ERF FP : Eurofins Technologies Launches Testing Solutions for the Detection of SARS-CoV-2 on Environmental Surfaces
- EL FP : EssilorLuxottica Pulls 2020 Forecast, Closes French Sites
- FCA IM : Carmakers Stir Workers’ Ire With Plan to Restart Plants in April
- FCT IM : Fincantieri to Extend Suspension of Production
- FRA GY : Frankfurt Airport to Feel Pandemic Into 2021, CEO Tells FAZ
- GRNG SS : Gränges Withdraws Dividend Proposal, Postpones Annual Meeting
- GLO FP : GL Events Scraps Dividend, Cuts Spending on Coronavirus Crisis
- HMB SS : H&M Seeks to Break U.K. Retail Leases if No Sales Rebound: FT
- HAL NA : HAL Full Year Net Income EU666 Mln; Shares Rise 3.1%
- HWDN LN ; Howden Joinery Suspends Buyback, Withdraws Final Div for 2019
- HUH1V FH : Huhtamaki Withdraws Outlook for 2020, Changes Payout Proposal
- IRE IM : Iren Starts New Tranche of Share Buyback for Up to EU25m
- KGX GY ! Kion Group Retracts 2020 Outlook, Proposes Minimum Dividend
- KCR FH : Konecranes Withdraws 2020 Guidance Amid ‘Deteriorating’ Demand
- LHN SW : LafargeHolcim Pulls 2020 Guidance, Confirms Dividend Proposal
- MRW LN : Wm Morrison Has Two Directors Quit Over Governance Concerns: FT
- NMC LN : NMC Chairman Tompkins Steps Down; Replaced by Faisal Belhoul
- TYRES FH : Nokian Renkaat Withdraws Guidance, Changes Payout Proposal
- PSM GY : ProSiebenSat.1 Media CFO Beaujean Replaces Conze as CEO
- PUB FP : Publicis Won’t Give Guidance Until Further Notice
- QIA GY : Qiagen Rises as CEO Discusses Shipping Virus Test Kits on CNBC
- RTN LN ; Restaurant Group’s Chiquito Chain Set for Administration: Times
- SAN FP : Sanofi, Translate Bio to Collaborate on Covid-19 Vaccine
- SAP GY : SAP, Software AG, Wirecard Would Make Attractive Targets: DZ
- SOW GY : SAP, Software AG, Wirecard Would Make Attractive Targets: DZ (1)
- SINCH SS : Sinch to Offer 4m Shrs
- AM3D GY : SLM Solutions Issues Convertible Bonds to Increase Liquidity
- SOF BB : Sofina Full Year Net Income EU1.20 Bln, +39% Y/y
- TC1 GY : Tele Columbus FY Normalized Ebitda EU239.5 Mln, +1.5% Y/y
- TIETO FH : TietoEvry Withdraws Guidance for 2020 Due to Coronavirus
- TRYG DC :
- UCG IM : UniCredit Continuing Union Talks Over 6,000 Planned Job Cuts
- RIN FP : Vilmorin Suspends 2019-2020 Objectives Due to Coronavirus
- VOW3 GY : VW CEO Says Production Shutdown Zaps $2.2 Billion Per Week
- VOW3 GY : VW Outlook to Negative by S&P
- WeDoctor IPO : WeDoctor Is Said to Pick JPMorgan, Credit Suisse, CMB for IPO
- WDI GY : SAP, Software AG, Wirecard Would Make Attractive Targets: DZ
- ZEQL DC : Zealand Pharma Reports Private Placement, Directed Share Issue