Stock gains in Asia evaporated, despite another fresh record from their U.S. counterparts, as trade and geopolitical issues continued to simmer. The dollar advanced and Treasury yields were little changed.
Japan’s equity indexes erased earlier gains and stocks fell in Hong Kong and China, while they were little changed in South Korea and Australia. European equity futures slipped. Earlier, the S&P 500 Index rose a fourth day to close above 2,900 for the first time after a better-than-expected reading on the U.S. economy and a rally in tech shares buoyed sentiment. The Australian dollar plunged after second-quarter business investment was much worse than expectations, while the New Zealand dollar slumped as business confidence hit a 10-year low.
US After Hours TLYS / GES +10%, SMTC +8% are higher while UEPS -13%, HOME -4%, CRM -3%, PVH -2% are lower following earnings/guidance
Nikkei +0.09% ang Seng -0.92% CSI -0.71% Shanghai -0.78% Shenzen -1.06%
Eur$ 1.1692 CNH 6.8398 CNY 6.8348 JPY 111.68 GBP 1.3021 CHF 0.9714 TRY 6.5206 WTI$ 69.73 +0.325
S&P -0.12% EuroStoxx -0.295 FTSE -0.25% Dax -0.30% SMI -0.15%
Macro :
- U.K. Warns EU Faces Choice of May’s Brexit Plan or Risk No Deal
- Italy Denies Reaching Out to ECB for Help on Bond Purchases
- White House Says California Agreed to Talks on Fuel Economy
Keep an eye on :
- ADEN SW : Adecco Revamps Executive Committee; Marshall, Schuermann Leave
- ARW LN : Arrow Global 1H Adj. Profit Up 10%; On-Track To Meet FY Views
- AZN LN : AstraZeneca Gets EC Approval For Diabetes Device
- BFSA GY : Befesa Second Quarter Adjusted Ebitda EU44.3 Mln
- BNP FP : BNP Paribas to Pay Fine for Attempted Benchmark Manipulation
- EN FP : Bouygues 1H Rev. EU15.7B; Est. EU15.4b; Confirms Outlook
- CAPIO SS : Ramsay Has Not Held Talks With Capio Board on Raising Bid
- CNP FP : CNP Assurances to Finance Caixa Seguridade Deal W/ Own Funds
- COLOB DC : Coloplast CEO Sells Shares for DK103m After Exercising Options
- EKTAB SS : Elekta First Quarter Mixed vs Estimates; Outlook Unchanged
- EVT GY : Evotec, CHDI Foundation Extend Huntington’s Disease Pact
- EVS BB : EVS Broadcast Second Quarter Revenue Misses Lowest Estimate
- FGR FP : Eiffage First Half Revenue 3.9% Above Estimates
- FIE GY : Fielmann Second Quarter Pretax Profit EU54.8 Mln
- HOCN SW : Hochdorf Cuts 2018 Guidance Citing 1H Below Expectations
- IIA AV : Immofinanz First Half Net Income From Continuing Ops EU89.5 Mln
- IWG LN : IWG ‘Not Worth the Risk,’ RBC Gives Stock Only Negative Rating
- G24 GY : Scout24 in Talks With CEO Ellis Over Possible Early Resignation
- GS US : Goldman Is Said to Hire JPMorgan Health Banker: Bus. Insider
- HEIA NA : Heineken Recyclable-Keg Dispute with AB InBev Gets ITC Review
- GKP LN : Gulf Keystone Petroleum Holder to Offer Shares
- HAL NA : HAL First Half Net Asset Value Per Share EU141.46
- HAS LN : Hays Says Well-Positioned to Capitalize on Growth Opportunities
- HTG LN : Hunting First Half Revenue 4.6% Above Estimates
- IBAB BB : Ion Beam, Parkway Pantai Sign PT Contract for EU35m-EU40m
- IDOX LN : Idox CFO Steps Down With Immediate Effect, Board Seeks Successor
- KDS NA : Kiadis Pharma Appoints Scott A. Holmes as New Finance Chief
- LI FP : Stay Away From ‘Optically Cheap’ Property Stocks: Morgan Stanley
- MBTN SW : Meyer Burger Names Manfred Haener CFO Effective October 1
- MU US : Micron to Invest $3B in Semiconductor Manufacturing Plant in Va.
- NESN SW : Nestle Opposes Swiss Fair Food Initiative, Handelszeitung Says
- ORA FP : Orange France Names Geoffroy de Buchet Finance Director
- PRU LN : Prudential ‘Hugely Undervalued’ on Nearly All Metrics: Berenberg
- RBD LN : Reabold Resources Reports Discovery at VG-3 Well in California
- ROG SW : Roche Says Hemlibra Prophylaxis ‘Significantly’ Reduced Bleeds
- SSABA SS : SSAB Shuts Down Blast Furnace Ops at Special Steels’ Mill
- SSE LN : SSE Retail and Npower Merger Provisionally Cleared by CMA
- SKY LN : U.K. Takeover Appeal Board Publishes Reasons for Sky Floor Price
- SO IM : Sogefi Settles Outstanding Claims Made By Two Customers
- SAZ GY : Stada Head Albrecht to Leave Company Definitively, FAZ Reports
- URW NA : Unibail First Half Net Rental Income EU861 Mln
- UCG IM : Moody’s: ECB Existing Loans to Weigh on Italy Weak Profitability
- VICO SS : Vicore Pharma Names Carl-Johan Dalsgaard New CEO
- VOW3 GY : Volkswagen Bank Places Auto-ABS With Volume of Above EU750m
- KVW NA : VolkerWessels First Half Ebitda EU93 Mln
- SNWH LN : WH Smith Sees Outcome for Yr ’18 to Be in Line W/ Expectations
- XAR LN :Xaar Says Underlying Trading Since End June Below Prior Views
- WLN FP : Payment Innovators to Maintain Competitive Positions: Berenberg
- WPP LN : WPP Margin Consensus Optimistic With New CEO Imminent: Berenberg