Asian stocks began the week lower as investors questioned earnings results against lofty expectations and prepared for key policy meetings from the world’s biggest central banks. The onshore yuan added to last week’s slump, driven in part by China’s moves to ease monetary conditions.
Equities fell from Tokyo to Sydney. U.S. and U.K. equity futures signaled declines when trading begins in New York and London, after the S&P 500 Index closed weaker Friday. The yen steadied and Japan’s benchmark 10-year bond yield erased gains as the Bank of Japan offered to buy bonds amid speculation it may discuss adjusting its ultra-loose monetary policy this week. The dollar ticked higher alongside U.S. Treasury yields.
Nikkei -0.71% Hang Seng -0.77% CSI -0.46% Shanghai -035% Shenzen -1.37%
Eur$ 1.1664 CNH 6.8366 CNY 6.8299 JPY 111.05 GBP 1.3115 CHF 0.9945 RUB 62.9211 WTI$ 68.93 +0.35%
S&P -0.29% EuroStoxx -0.57% FTSE -0.62% DAX -0.55% SMI -0.41%
Macro :
- Mnuchin to Wield Power Over Yield Curve With Fresh Supply Boost
- U.K. Democracy ’Facing a Crisis’ From U.S. Social Media Giants
- London First Proposes Fare, Tax Hike to Fund Crossrail 2: FT
Keep an eye on :
- AI FP : Air Liquide 1H Recurring Op. Income EU1.62b, Est. EU1.68b
- ALM SM : Almirall First Half Net Income EU52 Mln Vs. Loss EU73.1 Mln Y/Y
- AMP IM : Amplifon Consensus Seen Rising, PT at Street-High: Jefferies
- BABA LN : Babcock Loses Out on Army Vehicle Repair Contract: Sunday Times
- BARC LN : Barclays’ Bogucki Asks Judge to Dismiss Criminal Charges: FT
- BT/A LN : BT Sports Said to Lose NBA, UFC Broadcast Rights: FT
- CLN SW : Sabic Awaiting Antitrust Clearance to Buy Clariant Stake: CEO
- CNP FP : CNP Assurances First Half Net Income 1.3% Below Estimates
- CWD LN : Countrywide’s Lenders Concerned Over Cash Call, Telegraph Says
- DLAR LN : Crystal Amber Open to Raising De La Rue Stake to 10%: Telegraph
- DBK GY : Deutsche Bank Shifts Half Clearing from London to Frankfurt: FT
- DIC GY : DIC Asset First Half Total Income EU124.3 Mln
- DNO NO : DNO Says Passes Peshkabir Output Target of 30,000 BOPD in Iraq
- EFGN SW : EFG Names Tho Gea Hong Head of Singapore Branch
- ENAV IM : Enav Board Approves New Group Organizational Structure (July 27)
- ENI IM : Eni Is Raising Dividend Faster Than Expected, CEO Tells MF
- ERF FP : Eurofins Announces Issuance of EU550m Schuldschein Loan
- FCA IM : Fiat May Be Considering Gorlier as New EMEA Head, Corriere Says
- G1A GY : GEA Group Second Quarter Oper Ebitda Beats Estimates
- HEIA NA : *HEINEKEN 1H ORG. BEER VOLUME UP 4.5%, CO.-COMPILED EST. UP 3.1%: Heineken NV First Half Organic Beer Volume Beats Estimates
- INDV LN : Indivior: FDA Approves Perseris for Treatment of Schizophrenia
- INGA NA : ING Group Invests EU21m in TransferMate for Minority Stake
- LHN SW : LafargeHolcim Plans Small Acquisitions, CEO Tells NZZ
- NHH SM : NH Hotel Should Be Skeptical of Hyatt Inquiry, Minor Tells Board
- OERL SW : Oerlikon Sells Drive Systems to Dana Instead of Floating Unit
- SAP GY : Lidl Said to Write Off EU500 Mln on Failed SAP System: HB
- SHL GY : Siemens Healthineers Third Quarter Adjusted Net Misses Estimates
- TKWY NA : Takeaway.com Agrees to Buy Israeli 10bis for ~EU135 Mln
- TGYM IM : Technogym Sees Positive Outlook, Orders Trend Good: Sole
- TCG LN : Thomas Cook Eyes Breakup With Airline Sale, Sunday Times Reports
- FP FP : Inpex Begins Gas Production at $40 Billion Ichthys LNG Project
- UNI IM : Unipol Execs May Face Market-Manipulation Indictment: Repubblica
- VAO GY : Vapiano Targets Profit by 2020, CEO Tells Rheinische Post
- VOW3 GY : VW Might Have to Wait Until 2020 to Bring Duesmann Aboard: FAS
- WDI GY : Wirecard Sees ‘No End’ to Company’s Stock Rise, CEO Tells WamS