Asian stocks traded mixed Thursday as investors weighed a signal from the Federal Reserve that more stimulus will be provided against a slew of earnings and the continued spread of the coronavirus. The dollar steadied.
Shares climbed in Hong Kong and Sydney with stocks in Seoul given a boost as earnings at Samsung Electronics Co. topped estimates. Gains fizzled in Tokyo and stocks fluctuated in Shanghai. Futures on the S&P 500 Index edged lower after the gauge extended its July rally, with the Fed keeping rates near zero and pledging to use all of its tools to support a recovery from the coronavirus pandemic. European contracts were little changed. The Australian dollar slipped after new coronavirus cases in the country surged to a record. Treasuries were steady, while gold edged down.
US After Hours SANM +15.1%, APA +14.3%, QCOM +12.4%, ORLY +7.3%, QRVO +6.2% up big on earnings; CAKE -7.4%, PI -6.8%, YUMC -5.1%, NOW -4% lower on earnings
Nikkei -0.15% Hang Seng +0.79% CSI -0.31% Shanghai -0.07% Shenzen -0.18%
Eur$ 1.1762 CNH 7.0041 CNY 7.0023 JPY 105.26 GBP 1.2961 CHF 0.9135 RUB 72.7035 WTI$ 41.20 -0.15%
S&P -0.24% Nasdaq -0.18% EuroStoxx +0.06% FTSE +0.30% Dax +0.03% SMI
Macro :
- U.S. Investor Bull-Bear Spread -28.2: AAII
- Cohen’s Point72 Closing to New Money After Raising $10 Billion
- Cohen’s Cubist Unit Hiring Dancanet as New Head: Bus. Insider
- Huawei Tops Samsung for First Time in Smartphones, Canalys Says
Keep an eye on :
- ABI BB : AB InBev Second Quarter Adjusted Ebitda Beats Estimates, *AB INBEV 2Q ADJ EBITDA -34.1%, EST. -36.4%
- AIR FP : Airbus Says Unit in Saudi Arabia to Face U.K. Corruption Charge
- AIR FP : Airbus 1H Adj. Cash Burn EU12.4b vs EU3.98b Year-Ago (1)
- MT NA : ArcelorMittal Second Quarter Ebitda Beats Highest Estimate
- AF FP : KLM Expected to Announce Up to 4,000 Job Cuts Friday: Telegraaf
- AI FP : Air Liquide 1H Recurring Operating Income 4.0% Above Est.
- ARGX BB : Argenx 1H Operating Loss EU201.4 Mln Vs. Loss EU54.5 Mln Y/y
- AKE FP : Arkema Second Quarter Ebitda EU286 Mln
- BBVA SM : BBVA Profit Bounces Back After Front Loading Loss Provisions
- BUCN SW : Bucher First Half Ebitda CHF135 Mln, -31% Y/y
- CCL US : Carnival Sees Impairment Charge for Ship Disposals $600m-$650m
- CLN SW : Clariant Second Quarter Adjusted Ebitda Beats Highest Estimate
- COL SM : Colonial 1H Recurring Ebitda EU146 Million Vs. EU138M Year Ago
- COPN SW : Cosmo First Half Cash And Cash Equivalents EU82.6 Mln
- CSGN SW : Credit Suisse Second Quarter Net Income Beats Highest Estimate
- CSGN SW : Credit Suisse to Create Global Investment Bank
- BN FP : Danone Says Worst Is Over After Lockdowns Hurt Water Sales
- DB1 GY : Deutsche Boerse Second Quarter Adjusted Ebitda Meets Estimates
- DNO NO : DNO Second Quarter Loss Wider Than Estimates
- ECONB BB : Econocom First Half Adj Ebita Cont Ops EU43.5 Mln, +5.6% Y/y
- EDF FP : *EDF PLANS EU3B OF DISPOSALS BY 2022, EU500M OF COST CUTS
- ENEL IM : Enel Cuts 2020 Adj. Ebitda, Adj. Net Guidance; Keeps Div Policy
- ERA FP : Eramet 1H Net Loss Widens to EU623M vs EU37M Yr-Earlier
- ENX FP :Euronext Second Quarter Revenue Beats Highest Estimate
- ETL FP : Eutelsat, Intelsat Sign Long-Term Agreement on Orbital Position
- FDJ FP : FDJ First Half Ebitda EU174 Mln
- ENCFP : Euronext Rejects Shorter Trading Hours After Investor Resistance
- FNAC FP : Fnac 1H Rev. Falls 10.1% Like-for-Like, Cautious About 2H
- FNAC FP : Fnac Darty CFO: Capex Set to Fall This Year by More Than 40%
- FME GY : Fresenius Medical Second Quarter Ebit EU656 Mln, +26% Y/y
- FRE GY : Fresenius 2Q Adj. Ebit 4.7% Above Est., Issues New FY Guidance
- FPE GY : Fuchs Petrolub First Half Ebit EU112 Mln, -29% Y/y
- G IM : Generali First-Half Profit Drops as Virus, BSI Led to Writedowns
- GET FP .Getlink SE Cut to Neutral at CaixaBank BPI; PT 14.50 euros
- HAB GY : Hamborner REIT First Half FFO EU27.0 Mln, +1.5% Y/y
- HEI GY : HeidelbergCement Says Business Outlook for 2H Remains Uncertain
- IDR SM : Indra Prepares EU100m Annual Savings Plan After 2Q Loss
- INTER NA : Intertrust Second Quarter Adjusted Ebita EU44.4 Mln
- IPN FP : Ipsen Sees Full Year Sales At Constant Exchange Rates Above +2%
- ISS DC : ISS Says Longview Boosts Stake in Company to 7.18%
- DEC FP : JCDecaux First Half Adjusted Revenue -41.6%
- JMT PL : Jeronimo Martins 1H Revenue Rises 4.6% to EU9.3b on Polish Sales
- KARN SW : Kardex Holding AG First Half Ebit EU24 Mln, -15% Y/y
- KGX GY : Kion Sees Significant Fall in 2020 Revenue, Adj. Ebit, FCF, ROCE
- KRN GY : Krones Second Quarter Ebitda Misses Lowest Estimate
- LI FP : Klepierre 1H Group Net Current Cash Flow Per Share EU1.37
- LHN SW : LafargeHolcim 2Q Sales CHF5.4b, est. CHF5.48b
- MC FP : Prada +6% in HK
- NESN SW : Nestle FY Organic Revenue View Midpoint Misses Est.
- NHH SM : NH Hotel Says It Enters 2H With Nearly EU600M of Liquidity
- ONTEX BB : Ontex First Half Adjusted Ebitda 3.5% Above Estimates
- ORA FP : *ORANGE CEO: AUCTION OF 5G SPECTRUM STILL PLANNED FOR END SEPT
- ORA FP : Orange 1H Net Profit Fell; Confirms 2020 Targets
- PHARM NA : Pharming 1H Operating Profit EU32.3 Million, Up 31%
- RNO FP : Renault Swings to Record $8 Billion Loss Amid Nissan Turmoil
- ROTH FP : Rothschild & Co Won’t Pay Dividend During 2020
- SAF FP : Safran Sees Gradual Recovery After 1H Revenue Drops 28%
- SAS SS : SAS Bondholder Committee Hopeful of Agreement: Dagens Industri
- SEV FP : Suez in Talks for Four ‘Significant’ Asset Sales, CEO Says
- WAF GY : Siltronic Second Quarter Ebitda EU100.4 Mln, +0.4% Y/y
- TKTT FP : Tarkett 1H Adj. Ebitda Falls 16%; 2022 Margin Target Confirmed
- FTI FP : TechnipFMC 2Q Revenue 2.3% Above Est.; Shares Rise 2.5%
- TEF SM : Telefonica Agrees to Sell Costa Rica Unit to Liberty
- TNET BB : Telenet Second Quarter Adjusted Ebitda Beats Highest Estimate
- TEP FP : Teleperformance Sees Full Year Like-for-like Sales About +6%
- TSLA US : Chinese Electric SUV Maker Li Auto Raises $1.1 Billion in IPO
- FP FP : Total Takes $8.1 Billion Writedown as Pandemic Devalues Oil, Gas
- URW NA : Unibail First Half Net Rental Income EU1.07 Bln
- VK FP : Vallourec 2Q Revenue EU843m, Beats Estimates
- VASTN NA : Vastned Sees Full Year EPS EU1.70 to EU1.85
- VIE FP : Veolia 1H Ebit Falls 43%%; Sees 4Q Ebitda Level With Year Ago
- VOS GY : Vossloh First Half Ebit EU30.1 Mln, +47% Y/y
- WCH GY : Wacker Chemie Second Quarter Ebitda Beats Estimates
- WLN FP : Worldline Says Tender Offer for Ingenico Opens Today
- WDI GY : Germany Asks Russia to Help Find Former Wirecard Executive
- ZAL GY : Zalando Adds 1 Billion Euros to Cash, Likely for Deals: React
- ZAL GY : Zalando Converts Tranche A Conversion Premium 42.5%: Terms
- ZAL GY : *ZALANDO DELTA PLACEMENT ORDERS BELOW EU61.50 RISK MISSING:TERMS