Asian equities pared earlier gains, with a rise in shares in Australia and South Korea offset by declines in Hong Kong and China. The dollar steadied as Treasury yields climbed to the highest since May 2014.
The MSCI Asia Pacific Index was little changed with energy and materials stocks outperforming and consumer staples lagging. The yen fell as the Bank of Japan downplayed Governor Haruhiko Kuroda’s comments on improving inflation. Sterling slipped as Prime Minister Theresa May remained under pressure from pro-Brexit lawmakers in her Conservative Party. The euro steadied and German government bonds retreated.
Nikkei -0.01% Hang Seng -0.59% CSI -1.81% Shanghai -0.99% Shenzen -1.56%
Eur$ 1.2408 CNH 6.3288 CNY 6.354 GBP 1.4115 JPY 108.99 CHF 0.9368 RUB 56.2781 WTI 66.14
S&P -0.01% EuroStoxx +0.28% FTSE +0.16% CAC +0.17% SMI +0.21%
Macro :
- Saudi Prince Alwaleed Is Said to Return Home After Detention
- Stifel Raises 2018 S&P 500 Target But Sees 5% Correction in 1Q
- Stocks Tied to Prince Alwaleed May Advance After His Release ( Citi, Twitter, Apple, JD.com, Accor)
- U.S. Is Said to Consider Building 5G Network Amid China Concerns
Keep an eye on :
- ACS SM : ACS, Hochtief JV Preferred Bidders For $1.95B LA Rail Project
- AZA IM : Alitalia 1Q Sales to Rise 4-5%, Gubitosi Tells Il Messaggero
- AMS SW : AMS Fourth Quarter Revenue EU470.3 Mln
- AMUN FP : Amundi CEO Plans 500 Job Cuts, 200 New Hires in Italy: Corriere
- MT NA : ArcelorMittal, Nippon to Jointly Bid for Essar Steel, ET Says
- AVP US : Activists Are Said to Press Avon Products to Explore Sale: WSJ
- BKIA SM : Bankia Full Year Net Income EU505 Mln
- BA US : Boeing Could Still Appeal Bombardier Case, Canada Official Says
- CRG IM : Carige Postpones Board to Feb. 2, Il Sole 24 Ore Reports
- CASS IM : Italian Insurer Held by Buffett to Simplify Board: Sole 24 Ore
- DEKAIMM GY : Deka Set to Buy Inditex Stores Portfolio, Confidencial Says
- DBK GY : Deutsche Bank Plans IPO of Asset Management Arm by March: FAS
- DBK GY : Deutsche Bank’s 2017 Bonus Pool to Exceed EU1 Bln: FAS
- EATITALY IPO : Eataly Plans IPO in 1Q of 2019, Guerra Tells La Repubblica
- GETIB SS : Getinge Fourth Quarter Net Sales Beat Highest Estimate (1)
- GKN LN : U.K. Government Considers Intervening in GKN Bid: S. Telegraph
- ISP IM : Intesa: Will Take Legal Action if Needed in Veneto Banca Case
- ITX SM : Deka Set to Buy Inditex Stores Portfolio, Confidencial Says
- MB IM : Mediobanca Aims to Raise Its Revenue From Fees, Sole 24 Ore Says
- NOVN VX : Novartis’s Jimenez Sees U.S. Drug Prices Nearing Europe: NZZamS
- PF US : Third Point Said to Have Taken Stake in Pinnacle Foods: Reuters
- REP SM : Repsol, Kia Plan JV for Car-Sharing Business: Economista
- ROG SW : U.S. Tax Reform to Help Roche Financially, Chairman Tells SamW
- ROG VX : Roche’s Balovaptan Gets FDA Breakthrough Therapy Designation
- SEM PL : Sodim Says It Exercised Right to Suspend Making Bid for Sonagi
- TEF SM : Telefonica, Netflix Ready Accord on Content, Confidencial Says
- TKA GY : Suedwestmetall Says Talks With IG Metall Union End With No Deal
- TLG GY : TLG Immobilien investor Dayan secures 22.54% valued at approximately EUR 530m
- TUI LN : TUI Seeks 20 More Aircraft, CEO Tells Frankfurter Allgemeine
- WDI GY : Wirecard Fourth Quarter Revenue Beats Highest Estimate