Asian stocks and Chinese futures dropped again Tuesday, though contracts on U.S. equity benchmarks edged higher, as investors tried to gauge the magnitude of economic damage from the coronavirus.
Japanese shares headed for their worst back-to-back daily losses since last August’s trade-war worries. South Korean stocks slumped more than 3% as that market reopened after holidays, and Australia’s benchmark also underperformed. The yuan stabilized after a sharp slide Monday that left it at its weakest since December, and the yen gave up a sliver of recent gains.
Treasuries also steadied, and the sell-off in crude oil moderated. But Chinese stock futures fell almost 1% after a near-6% plunge Monday, as the country reported a further increase in both the death toll and number of infected people from the virus.
US After Hours XLRN jumps on positive clinical data; FFIV -4% and JNPR -2.2% are lower on disappointing EPS guidance
Nikkei -0.55% Hang Seng Closed CSI Closed Shanghai Closed Shenzen Closed
Eur$ 1.1020 CNH 6.9691 CNY 6.9109 JPY 109.06 GBP 1.3038 CHF 0.9709 RUB 62.8275 TRY 5.9432 WTI$ 53.16 +0.04%
S&P +0.69% EuroStoxx +0.44% FTSE +0.38% Dax +0.50% SMI +0.40%
Macro :
- Rare VIX Inversion Points to Potential End of U.S. Equity Rout
- Morgan Stanley Sees Cheap Emerging Market Hedges Amid Virus Risk
Keep an eye on :
- AIR FP : Airbus Reaches Accord With Authorities to Settle Bribery Cases
- AAF LN : Airtel Africa Third Quarter Revenue $883 Mln
- AVST LN : Avast Gets First Sell From Peel Hunt on ‘Existential Threats’
- BKIA SM : Bankia Fourth Quarter Loss Misses Lowest Estimate
- BNP FP : BNP Expands Nunn’s COO Role to Add Global Banking in Americas
- BP/ LN : Outgoing BP CEO Warns of Moving Too Fast on Climate Change
- COP GY : Nemaska Lithium Announces 29-Employee Layoff
- EQT SS : EQT Is Said to Weigh Sale or IPO of 1 Billion-Euro Implant Maker
- ERICB SS : Juniper Guidance Misses Estimates --> -2% in After Hours
- EVK GY : Evonik Defeats U.S. Antitrust Challenge to $625 Million Deal
- GALP PL : Galp 4Q Production Rises on Brazil; Refining Margin Narrows (1)
- GLPG NA : Galapagos Granted FDA Orphan Drug Status for Ziritaxestat
- IHP LN : IntegraFin Holders Michael Howard to Offer 8.5m Shrs
- ITP FP : Interparfums Boosts Full Year Operating Margin Forecast
- KOMN SW : Komax FY Rev. Misses Lowest Est. on ‘Sluggish’ Automotive Sector
- LAT FP : Latecoere: Swash Co-Opted to Board to Represent Searchlight
- LNZ AV : Lenzing Prelim Full Year Net Income Misses Lowest Estimate
- NKIA FH : Juniper Guidance Misses Estimates --> -2% in After Hours
- NOS PL : NOS Says Angelo Pauperio Was Named Chairman of the Board
- NOVN SW : Merck & Co. Sues Novartis to Block Copies of Antifungal Noxafil
- PHIA NA : Philips 4Q Comp. Sales Miss; 2020 Targets Maintained, to Review Options for Domestic Appliances Business
- RNO FP : Inside Nissan, a Renewed Push to Get Renault to Cut Stake
- SBRY LN : Sainsbury to Spend $1.3 Billion on 2040 Net Zero Carbon Target
- SAN FP : Sanofi Says FDA Accepts Dupixent for Priority Review
- SAP GY : SAP Raises 2020 Forecast as 4Q Operating Profit Meets Targets
- DIM FP : Sartorius Stedim Sees 2020 Rev. Change Ex-FX +11% To +14%
- SGSN SW : SGS Full Year Adjusted Operating Income Matches Estimates
- SRAIL SW : Stadler Rail Wins U.K. Contract Worth Around GBP700 Million
- SSABA SS : SSAB Fourth Quarter Adjusted Ebitda Loss Misses Lowest Estimate
- SMHN GY : Suess MicroTec Prelim Full Year Ebit Loss EU11.5 Mln
- SWEDA SS : Swedbank Costs Jump as Money-Laundering Scandal Takes Its Toll
- TELIA SS : Telia Won’t Do More Transformative M&A Near-Term, SVD Reports
- TEL NO : Telenor Grameenphone 4Q Rev NOK3.89B vs NOK3.48B Year Earlier
- TLG GY : TLG Immobilien Prelim Fourth Quarter EPRA NAV/Shr About EU32.40
- TC1 GY : Tele Columbus AG Names Daniel Ritz CEO
- FR FP : BorgWarner Is Said to Be in Talks to Acquire Delphi
- VEI NO : Veidekke Warns on Restructuring Costs, Loss Provisions for 4Q
- WCH GY : Wacker Chemie FY Prelim Ebit Loss EU540m on One-Time Charge
- ZO1 GY : Zooplus Prelim Full Year Sales +14%, Miss Lowest Estimate