China’s equities led regional gains as property stocks soared in Hong Kong and a gauge of manufacturing strength beat expectations. The dollar slid following its worst year in more than a decade, while gold advanced. An index of Chinese H shares jumped 2.8 percent to head for a 2 1/2-year high, while the Hang Seng Index and stocks on the mainland also rose. Developers were the biggest gainers, boosted by optimism on sales. The MSCI Asia Pacific Index climbed to a record, though markets in Tokyo remain closed until Thursday for Japanese holidays, and New Zealand was also shut Tuesday. Gold climbed for an eighth day, bitcoin held losses and the dollar weakened against almost all major currencies. The China Caixin manufacturing purchasing manager’s index showed a December reading of 51.5, beating the expected 50.7 and up from 50.8 the previous month. A slew of other manufacturing PMIs from around the region showed Taiwan’s at its highest since at least 2015.
Nikkei Closed until Thu Hang Seng +1.81% CSI +1.40% Shanghai 1.22% Shenzen 1.01%
Eur$ 1.2030 CNH 6.4934 CNY 6.4952 JPY 112.65 GBP 1.3533 CHF 0.9734 RUB 57.54 WTI$ 60.66 +0.40%
S&P +0.16% EuroStoxx +0.26% FTSE -0.02% Dax +0.18% SMI Closed
Macro :
- Putin to Meet Israel PM Netanyahu Soon: Interfax
- France Aims to Build Trade Backbone to Beijing Via Moscow: WSJ
- Trump Sees More Stock Market Gains, Companies Moving to U.S.
- IMF’s Lagarde Says Growth Returning to Pre-Crisis Level: JDD
Keep an eye on :
- ABBN SW : ABB’s Voser Says Swiss Must Forge Ahead With Tax Reform: NZZ
- ABE SM : Abertis: Spanish government authorises Hochtief’s IPO; authorisation on Hispasat still pending
- AIR FP : Airbus to Sue Poland Over Canceled Helicopters Contract: DGP
- AF FP : Air France’s Hop! Cancels Flights Due to Pilot Shortages: Figaro
- ATC NA : Starz Warns Altice Negotiation Failure May Cause Service Loss
- ARAMCO IPO : U.K. FCA Is Said to Delay Rule Change for Aramco Listing: Times
- CPG LN : Compass Group Says CEO and 4 Family Members Died in Plane Crash
- CPG LN : Compass Group Advances Blakemore’s Appointment as CEO to Jan. 1
- DASNKE DC : Danske to Be Cautions on High Asset Prices, CEO Tells Borsen
- DBK GY : Deutsche Bank Investors Discussing Boardroom Changes: Telegraph
- DIS US : Disney Says ‘Star Wars: The Last Jedi’ Crosses $1 Billion Mark
- DROPBOX IPO : Dropbox IPO May Come in March or April: WSJ
- FSKRS FH : Fiskars Says Direct/Indirect Ownership by Turret,Holdix Over 25%
- IFX GY : Infineon CEO Says Company Not a Primary Takeover Target: BZ
- ISP IM : Viola Could Leave as Vicenza, Veneto Chief in Jan: Repubblica
- UG FP : French New Car Registrations Fall 0.5% in Dec., +4.7% in 2017
- NN NA : NN Executes Legal Merger as Part of Legal Restructuring Process
- RCO FP : Remy Cointreau Says Its Share Buyback Program Ended
- RNO FP : French New Car Registrations Fall 0.5% in Dec., +4.7% in 2017
- SAN SM : Santander to Consider Deals Meeting Strategic Criteria, FT Says
- SAN SM : Santander, Blackstone Venture to Seal EU7B Loan: Confidencial
- SCMP US : Mallinckrodt Ratings May Be Cut by S&P on Sucampo Deal
- GLE FP : SocGen’s Oudea Sees Banking Sector With Fewer Banks in 10Y: FT
- SIE GY : Siemens to Sound Out Sovereign Funds on Healthineers IPO: FAS
- TSCO LN : Co-Op Plans to Open 100 New Food Stores in U.K. in 2018
- TFI FP : TF1’s 2017 Audience Slips Less than French Rivals: Le Figaro
- 2330 TT : TSMC : TSMC Gets Urgent Orders for High-Speed Chips, Eco. Daily Reports
- UN01 GY : Uniper Considering Building New Power Plants in Germany: RP