Asian stocks were mixed on the final trading day of the month as President Donald Trump’s plans to impose new tariffs on China and renewed turmoil in emerging markets weighed on investor sentiment. Treasuries, the dollar and the yen held on to gains.
Stocks were little changed in Tokyo and Shanghai, rose in Seoul and slipped in Sydney. Hong Kong shares underperformed, led by declines in Tencent Holdings Ltd. Earlier, the S&P 500 fell as Trump was said to be moving ahead with a new trade plan as soon as next week. Emerging-market equities and currencies remained under pressure with the Indian rupee falling to a record and the Indonesian rupiah trading at its lowest since 1998 amid ongoing turmoil in Argentina and Turkey.
US After Hours AOBC +20%, LULU +8%, AMBA -14%, ZUO -12%, NTNX -6%, ULTA -4% following earnings/guidance
Nikkei +0.08% Hang Seng -0.84% CSI -0.30% Shanghai -0.06% Shenzen -0.64%
Eur$ 1.1681 CNH 6.8405 CNY 6.8281 JPY 110.99 GBP 1.3025 CHF 0.9676 TRY 6.6286 RUB 68.1659 WTI$70.30 +0.07%
S&P +0.03% EuroStoxx -0.18% FTSE -0.23% Dax -0.18% SMI -0.34%
Macro :
- Watch Autos, Miners As Trump Ramps Up EU, China Tariff Talk
- Resilient Euro Is Building Up for a Short Squeeze: Macro View
- Trump Says Google, Facebook, Amazon May Be ‘Antitrust Situation’
- Trump Says U.S. ‘Much Stronger’ Than China in Trade Disputes
- Trump Says Nafta Deal With Canada ‘Could Happen’
- Moscovici Doesn’t Exclude Some Italy Leaders Seek Euro Exit:Sole
Keep an eye on :
- ACK BB : Ackermans First Half Net Income EU111.7 Mln Vs. EU133.5 Mln Y/Y
- ADOC FP : Adocia Seeks $1.8 Billion From Lilly for Misuse of Information
- ALPHA GA : Alpha Bank Executives Say Bank Will Hit 2018 NPE Reduction Goal
- AMBA US : Ambarella Guidance Disappointing, But Positive Long Term: Stifel
- AAPL US : Watch Apple Suppliers After Buffett Says iPhone Underpriced
- AST IM : Astaldi to Meet With Banks Shortly on Capital Increase Timing
- B2H NO : B2Holding Second Quarter Ebit Misses Estimates
- Banco Safra : Sarasin’s Hayim Says Could Theoretically Buy a Big Bank: Basler
- BVI FP : Bureau Veritas: Chabas Named CFO; Tissot To Advise CEO Till Jan.
- BW NO : BW Offshore Second Quarter Ebitda Beats Estimates
- CFEB BB : CFE First Half EPS Misses Estimates
- CPB US : Third Point Is Said to Seek Campbell Board Challengers: Reuters
- DASNKE DC : Danske Says No Money Has Been Set Aside for a Laundering Fine
- DIE BB : D’Ieteren Raises View of FY Adj. Pretax Profit Growth to 10%-15%
- RLD SW : Edmond De Rothschild Suisse Assets Under Management CHF139 Bln
- EVK GY : Evonik Sells Galena, Kansas Site to Permira
- FME GY : *AKORN GAINS AS MUCH AS 8.9% INTRADAY, MOST SINCE MAY 10
- GTO NA : Gemalto First Half Revenue EU1.39 Bln
- NOVN SW : Novartis Says U.S. Failed to Make a Case in Kickback Lawsuit
- RNO FP : AvtoVAZ CEO Yves Caracatzanis Sees FY Positive Op. Margin
- RYA ID : Ryanair Carry-on Policy Draws Spanish Government Scrutiny
- SIOE BB : Sioen First Half EPS EU0.85 Vs. EU0.61 Y/Y
- SOON SW : Sonova Announces CHF1.5b Share Buyback to Boost Investor Returns
- SSO NO : Scatec Solar Boosts Stake in 3 Operating Plants in South Africa
- STR AV : Strabag First Half Order Book EU18.9 Bln
- TC1 GY : Tele Columbus Cuts Full Year Normalized Ebitda Forecast
- TIT IM : Telecom Woes All Around, Scout24 Loses CEO: EU Tech Wrap
- TEN IM : Tenaris Shares Punished Thanks to ‘Misinterpretation’: Barclays
- TSLA US : BlackRock Voted to Replace Musk With Independent Chair: Reuters
- VNA GY : Vonovia 1H FFO 1 Rises 11.5% to EU510.3m
- VOLVB SS : Volvo Cars CEO to Step Down in 2020 as IPO Plan Continues: DI
- WTB LN : *COCA-COLA TO BUY COSTA FROM WHITBREAD FOR GBP3.9B
- ZUGN SW : Zug Estates First Half Vacancy Rate 1.9%