Stocks in Asia were mixed as investors turned to U.S.-China trade talks after Federal Reserve Chairman Jerome Powell rejected the idea that an interest-rate cut is looming in the U.S. and stuck with a neutral stance. European equity futures edged lower.
In trading depressed by holidays in Japan and China, equity benchmarks in South Korea and Hong Kong hit their highs of the session after CNBC reported that the U.S. and China could announce a trade deal as soon as next Friday, citing sources it didn’t name. The yen ticked lower against the dollar. Ten-year Treasuries ticked higher. Australia’s stocks underperformed after the nation’s biggest lender cut its dividend. On Wednesday, the S&P 500 Index posted its biggest decline in almost six weeks.
US After Hours EB -30%, WLL -10%, CREE -9%, ZNGA +9%, CAKE +4% among notable earnings/guidance movers, GMS +6.5% on S&P SmallCap 600 addition news
Nikkei Closed Hang Seng +0.64% CSI +0.33% Shanghai +0.52% Shenzen +0.68%
Eur$ 1.1200 CNH 6.7437 CNY 6.7351 JPY 111.54 GBP 1.3049 CHF 1.0182 RUB 64.8535 TRY 5.9712 WTI$ 63.29 -0.5%
S&P +0.11% EuroStoxx +0.03% FTSE -0.22% CAC -0.26% Dax +0.07% SMI -0.17%
Macro :
- U.S. Factory Gauge Falls to Two-Year Low as Orders Cool (2)
Keep an eye on :
- AC FP : Hotel Stocks Jump After Hilton’s Earnings Add to Bullish Tone
- AIR FP : Thai Air, Airbus Expected to Sign MRO Project in May: Somkid
- AMG NA : AMG Sees Ebitda Level of $350M or More in 5 Years or Less
- ANDR AV : Andritz Cuts Profitability Forecast on Metals, Pulp & Paper
- BARC LN : Staley Says Barclays Can Gain From Deutsche Bank Woes: Telegraph
- BNP FP : BNP Paribas 1Q Net Rises 22%; Fixed-Income Revenue Jumps
- CARLB DC : Carlsberg 1Q Rev. Beats Est. on Asia Growth, Keeps FY Outlook
- CCH LN : Coca-Cola HBC First Quarter Volume +3.5%
- CRA1V FH : Cramo First Quarter Net Sales 1.5% Above Estimates
- DBK GY : Deutsche Bank Said to Have Virtually No New Plan for What’s Next
- DTE GY : T-Mobile, Sprint Discuss 5G Build in Call With FCC Official
- EQN LN : Equiniti Trading Started ‘Well’; Confident of FY Expectations
- FCA IM : Fiat Chrysler April U.S. Auto Sales Fell More than Expected
- FRE GY : Fresenius Medical, Fresenius SE Confirm 2019 Forecasts
- GSK LN : Crown Labs Buys Rights to Keri From Glaxo; No Terms
- HAB GY : Hamborner REIT First Quarter Net Income EU3.6 Mln (1)
- BOSS GY : Hugo Boss First Quarter Sales At Constant Exchange Rates +1%
- ICP LN : ICG Is Said to Plan to Auction Loparex for About $600 Million
- INGA NA : ING 1Q Underl. Pretax 1.3% Below Est., Turkey Exposure Lower (1)
- ISP IM : Intesa’s Premium Valuation Unjustified, Cut to Sell: Berenberg
- LHN SW : LafargeHolcim Sells Activities in Malaysia And Singapore
- LRE LN : Lancashire First Quarter Gross Written Premiums $217.2 Mln
- LR FP : Legrand 1Q Adj. Operating Profit EU305.2m, Est. EU313.3m
- LLOY LN : Lloyds First Quarter Statutory Pretax Profit Misses Estimates
- LUPE SS : Lundin Petroleum First Quarter Ebitda 1.7% Above Estimates
- MTRO LN : Metro Bank First Quarter Net Interest Margin Drops to 1.64%
- NEX FP : Nexans First Quarter Revenue EU1.66 Bln
- OCDO LN :investors rebel against executive pay, About 25% of shareholders voting opposed remuneration policy and report - FT
- ORA FP : Orange Open to Partnership With Nokia, Bpi on Submarine Cables
- ORX SS : Orexo First Quarter Net Revenue SEK174.3 Mln
- RB/ LN : Reckitt Benckiser’s Sales Hit by Slow Flu Season Over Winter
- RTN LN : The Restaurant Group Names Andy Hornby CEO
- RNO FP : Nissan April U.S. Auto Sales Miss Estimates
- RTN LN : Andy Hornby to Be Named CEO of The Restaurant Group: Sky
- RR/ LN : Rolls-Royce Says Performance is in Line With Expectations
- RDSA LN : Shell First Quarter Adjusted Profit Beats Highest Estimate
- SAN FP : FDA Approves Sanofi’s Dengvaxia for Dengue Prevention
- SHB LN : Shaftesbury Holder Tak Lee Seeks Restitution for Alleged Loss
- SKFB SS : SKF to Cut Annual Costs in Schweinfurt, Germany, By EU100m
- SN/ LN : Smith & Nephew First Quarter Underlying Revenue +4.4%
- UHR SW : Swatch Margin Expectations Too High, Not Yet Time to Buy: RBC
- SCMN SW : Swisscom First Quarter Ebitda CHF1.12 Bln
- TNET BB : Telenet First Quarter Adjusted Ebitda Meets Estimates
- TCG LN : Thomas Cook sets May 7 deadline for interest in airline business: sources - https://reut.rs/2V5B0wG
- TNG FP : Transgene, AstraZeneca in Pact for Oncolytic Immunotherapies
- FP FP : Occidental Jet Flew to Paris After Anadarko Offer, Data Shows
- UBSG SW : UBS CEO Ermotti Says It’s His Job to Expand Asia Business: Blick
- VATN SW : Valiant First Quarter Total Client Assets CHF28.14 Bln (1)
- VIE FP : Veolia 1Q Current Net Income Rises 7%, Confirms 2019 Outlook
- VOW3 GY : VW CEO Rules Out Forced Layoffs Amid Electric Car Push, FAZ Says
- VOW3 GY : VW April U.S. Auto Sales +8.7%
- VOW3 GY : VW’s First-Quarter Earnings Drop After Porsche, Audi Sales Fall
- WALLB SS : Wallenstam First Quarter Profit After Tax SEK340.0 Mln
- ZAL GY : Zalando Reports Unexpected First Quarter Profit