Stocks declined again across much of Asia as the precipitous decline in developed-market sovereign bond yields continued to unnerve investors about the economic outlook.
Yields on 10-year Treasuries hit a fresh 15-month low on Thursday in Asia, Australian ones recorded the lowest on record, and Japan’s dropped to the lowest since August 2016. Japanese shares led losses in the region, sliding about 1.7 percent. Losses were more modest in South Korea and China, while India and Australia saw gains and Hong Kong snuffed out early declines. European equity futures were little changed. U.S. futures fell after the S&P 500 Index dropped on Wednesday. The yen headed higher as haven demand emerged.
US After Hours LULU +10.8%, PVH +9.5%, VRNT +7.8%, FIVE +2.5% following earnings/guidance; QTNA +17% after ON acquisition news
Nikkei -1.61% Hang Seng +0.23% CSI -0.45% Shanghai -0.90% Shenzen -0.77%
Eur$ 1.1258 CNH 6.7345 CNY 6.7289 GBP 1.3192 CHF 0.9951 GBP 1.3192 RUB 64.7760 TRY 5.4523 WTI$ 59.11 -0.50%
S&P -0.05% EuroStoxx +0.28% FTSE +0.38% Dax +0.16% SMI +0.49%
Macro :
- Bank Earnings Estimates Need to Come Down, Morgan Stanley Says
- Euroclear Hires Goldman to Study How Holders Can Cash Out: FT
- ECB Would Need Monetary-Policy Case for Tiering Rate, Praet Says
Keep an eye on :
- ABN NA : ABN Amro Sells 75% in Stater to Infosys; Sees Gain on Disposal
- ADL GY : Adler EPRA NAV Up 33% in ’18; Sees Performance Improving in 2019
- AED BB : Aedifica Cuts Holding in Apartment Unit Immobe to 25% From 50%
- ALV GY : *PIMCO, OTHER PG&E CREDITORS SAID TO PITCH $35 BILLION EXIT PLAN
- ARCAD NA : Arcadis Buys Majority Stake in EAMS Group; No Financial Terms
- AT1 GY : Aroundtown Full Year Dividend Per Share Misses Estimates
- ATL IM : Hochtief Holder Atlantia to Offer EU575m Shrs via Goldman Sachs
- ATC NA : Altice Closes Sale of 49.99% in SFR FTTH to Omers-Led Group
- ATEB BB : Atenor Buys 5,000 Sq.-Meter Plot in Budapest for Office Project
- ATT SS : Attendo Sees Increased Costs ~SEK 200M Related to Finland Ops
- BAYN GY : Bayer Loses Second Trial Over Claims Roundup Causes Cancer
- BLT LN : BHP Group Is Said to Weigh Bid for Blackstone-Backed Bluewater
- BON NO : Bonheur’s FOO to Buy 50% Stake in United Wind Logistics
- CAI AV : CA Immo Full Year Ebit Beats Estimates
- CWC GY : Cewe Stiftung 2019 Ebit Forecast Midpoint Misses Lowest Estimate
- CTI LN : Cathay Unit Lansen to Sell Remaining Starry Shares RMB12.61 Min.
- CLA FP : Claranova Expects to Achieve EU600m in Rev. Within 5 Yrs
- CBK GY : Deutsche Bank Is Said Wary of Commerzbank’s Loan Book in Merger
- DTE GY : T-Mobile Counsel Meets FCC Chair Pai and Promises 5G Network
- DGOC LN : Diversified Gas to Acquire Some Gas Assets for $400 Million
- DRI GY : 1&1 Drillisch Full Year Revenue Matches Estimates
- EVT GY : Evotec Full Year Revenue 3.2% Above Estimates
- EXO IM : Exor Full Year Net Assets $19.7 Bln
- GBLB BB : Ergon Capital Partners Raises EU580m Commitments for Fourth Fund
- BAER SW : Julius Baer May Make More ‘Strategic’ Cost Cuts, CEO Hodler Says
- KU2 GY : Kuka to Cut 350 Jobs After Sales, Orders Dwindled in 2018
- MBTN SW : Meyer Burger Holder Oxford PV to Offer Up to 62.3m Shrs
- MBTN SW : Meyer Burger Holder to Offer Shares at CHF0.60-0.61/Share
- UG FP : Peugeot Ratings Raised One Level to Investment Grade at Moody’s
- UG FP : PSA Accelerates in China Auto Aftermarket With Longstar Purchase
- PFV GY : Pfeiffer Vacuum Full Year Dividend Per Share Misses Estimates
- RNO FP : MMC CEO Says He Has Heard Nothing on Nissan-Renault Merger Talks
- RNO FP : Suga: Nissan-Renault Discussions Need to Satisfy All Parties
- REP SM : Repsol Says Brufau Plans to Leave Board After Next 4-Year Term
- SANT GY : S&T Confirms 2019 Forecast, Seeks Expansion and Purchases (1)
- AM3d GY : SLM Solutions Names Meddah Hadjar as CEO, SLM Solutions FY2019 Revenue Forecast Below Expectations
- S92 GY : SMA Solar Sees First Quarter Ebitda Loss EU5 Mln To EU0
- GLE FP : SocGen Sees Trading Malaise Enduring on Low Investor Appetite
- SWEDA SS : Alecta Unhappy With Swedbank Handling of Laundering Claims (1)
- TGYM IM : Technogym Full Year Revenue Meets Estimates
- UTDI GY : United Internet Full Year Ebitda Matches Estimates
- VOD LN : Vodafone’s Ghana Unit Converts Parent’s $500M Loan to Equity
- VOW GY : VW’s Seat Brand Returns May Rise to 4% on New Models: De Meo