Stocks in Asia kicked off the week on a cautious note as traders dialed back expectations on the size of a Federal Reserve easing later this month. Oil gained amid tensions in the Persian Gulf.
Stocks slipped from Sydney to Mumbai, though European equity futures pointed to a more muted start. Futures on the S&P 500 Index were flat after U.S. markets fell Friday. Treasuries were steady after traders pared bets the Fed will slash rates by a half-point this month. China’s new stock venue for technology startups got off to a positive start as all 25 stocks rose on their debut, though the benchmark equity gauge in Shanghai was down about 0.5%. The yen slipped.
Nikkei -0.22% Hang Seng -0.71% CSI -0.11% Shanghai -0.65% Shenzen -1.07%
Eur$ 1.1220 CNH 6.8791 CNY 6.8759 JPY 107.97 GBP 1.2504 CHF 0.9835 TRY 5.6675 RUB 63.0322 WTI 56.06+0.8%
S&P +0.11% EuroStoxx +0.06% FTSE +0.05% Dax +0.04% SMI +0.08%
Macro :
- Goldman Sees S&P 500 Upside Capped, With Stocks Near Fair Value
- Goldman Says Don’t Worry So Much About Weak Manufacturing Data
- Europe Considering Brexit Extension for Next PM, Guardian Says
- Boris Johnson Is Studying New Stamp Duty Report, Telegraph Says
- Credit Suisse Clients’ Top Worry Is Twin Rally in Stocks, Bonds
Keep an eye on :
- ABI BB : AB InBev Trumps Its IPO Bankers With $11.3 Billion Asahi Deal
- ALO FP : France Signs CDG Express Operating Contract With Keolis and RATP
- AMER LN : Amerisur Resources Puts Itself Up For Sale After 5-Year Share Slump (+36.5% on friday)
- AMER LN : Etablissements Maurel Initial Amerisur Offer at 17.0p/Share (1)
- AAL LN : Anglo Seeks Environmental Approval for $3 Billion Chile Project
- MT NA : ArcelorMittal Ukraine Unit Says Security Service Seized Machine
- BATS LN : Reinet Fund’s Net Asset Value EU4.55 Billion at End-June
- BAYN GY : Bayer Recalls Two Lots of Kogenate 2000 Iu Vials in U.S.: FDA
- BMW GY : BMW, Jaguar Land Rover to Deepen Engine Cooperation: Spiegel
- BA/ LN : British Airways Halts All Cairo Flights for Seven Days (1)
- BKG LN : Berkeley Chairman Tony Pidgley Sells $46.5 Million Stake
- CA FP : French Government Requests EU117.3M Fine Against E. Leclerc
- CPR IM : Campari Enters Talk With Chevrillon For Rhumantilles Acquisition
- CNA LN : Centrica May Cut Dividend, Sell Oil & Gas Explorer, Times Says
- CLN SW : Clariant Agrees to Sell Healthcare Packaging Unit for CHF308m
- COFA FP : Apollo Global Management Makes Offer for Coface: Reuters
- ACA FP : Credit Agricole & Fiat Chrysler Extend Their Bank Joint Venture
- DAE SW : Daetwyler Plans to Split Technical Components Division, FuW Says
- DTE GY : T-Mobile Asset Sale to Dish Is ‘Imminent,’ NY Post Says
- DIS US : ‘Avengers’ to Pass `Avatar’ as Top-Grossing Film on Sunday
- EVD GY : Germany May Reimburse CTS Eventim, Kapsch For Toll Failure: HB
- FEVR LN : Crunch Time at Fevertree as Brokers Cut Targets, Short Bets Rise
- FCA IM : Fiat Chrysler's Finance-Company Deal May Ram Bonds: Credit React
- GWD GY : Godewind Immobilien Raises 2019 Forecast On Lower Financing Cost
- GSK LN : *GSK SETS OUT STRATEGY TO DOUBLE DRUG DISCOVERY SUCCESS: FT
- ICAD FP : ICADE First Half Net Income EU66.9 Mln
- JMT PL : Jeronimo Martins Polish Tax Impact Sees Estimates Cut: Berenberg
- BAER SW : Julius Baer 1H Oper Income Beats; Net New Money Misses Target
- BAER SW : *JULIUS BAER CEO EXPECTS KAIROS OUTFLOWS TO STOP
- KTCG AV : Kapsch TrafficCom Confirms Outlook Despite Losing Toll Project
- KPN NA : European Telcos May Become Attractive in 2H: Morgan Stanley
- LHA GY : *LUFTHANSA SAYS IT RESUMED FLIGHTS TO CAIRO
- MAU FP : Etablissements Maurel Initial Amerisur Offer at 17.0p/Share
- MBTN SW : Meyer Burger to Review Options After Missing 1H Expectations
- MTRO LN : Metro Bank Prepares GBP500m Sale of Mortgage Portfolio: Sky
- MTGB SS : MTG 2Q Net Sales Rises to SEK1.12 Bln, Revises FY Outlook
- PHIA NA : Philips 2Q Comp. Sales Beat Est.; Maintains Mid-Term Views
- PDL LN : Petra Diamonds Full Year Production 3.87 Mln Carats
- RBS LN : *RBS BOARD DEBATES HOW MUCH BONUS TO GIVE TO MCEWAN: TELEGRAPH
- RNO FP : Fiat Chrysler's Finance-Company Deal May Ram Bonds: Credit React
- RNO FP : Nissan Bets That the Boring Sedan Will Be the Next Big Thing
- RDSA LN : Indonesia Wants Shell, Exxon to Buy Diesel From Pertamina: Post
- SESG FP : FCC Asks for More Comments on Alternatives for Intelsat Airwaves
- SIE GY : Siemens CEO Calls Trump the Face of ‘Racism and Exclusion’
- STAN LN : StanChart Whistle-Blower Says U.S. Missed Billions in Trade
- STAN LN : Whistle-Blowers Accuse Standard Chartered of Iran Deals: FT
- TSLA US : Tesla Drops Restraining Request Against Short Seller: TechCrunch
- THIN NO : Thin Film Restructuring to Cut Over 50% of Work Force
- TOD IM : Tod’s Estimates Cut at Jefferies; 2Q Likely ‘Particularly Weak’
- UBI IM : UBI Banca Sells About EU900m Gross Value of Bad Loan Exposures
- UCG IM : UniCredit’s New Plan to Focus on Organic Growth, CEO Tells MF
- VOw3 GY : VW’s Porsche Sees Lower Margins for E-Cars vs Combustion: HB
- VOW GY : *CUMMINS MAKES OFFER FOR VW'S LARGE ENGINES UNIT: REUTERS