Asian stocks headed toward posting their worst week since May, while European futures rose as investors weigh the short-term economic damage of the coronavirus against increasingly decisive moves to contain the epidemic.
A rally in Asian equities fizzled during Friday’s session, with Japan losing more than half its gains and other benchmarks seeing declines. American equity futures surrendered a modest advance after the U.S. instructed its citizens not to travel to China. Nasdaq futures fared better after Amazon.com Inc. reported a blow-out quarter late Thursday. The offshore yuan held steady after recent declines, and oil prices recouped much of a Thursday loss.
US After Hours AMZN jumps to all-time highs on earnings; NAV +51% on takeover bid; WWE -23% down sharply on mgmt departures
Nikkei +0.99% Hang Seng -0.40% CSI Closed Shanghai Closed Shenzen Closed
Eur$ 1.1020 CNH 6.9830 CNY 6.9109 JPY 109.05 GBP 1.3102 CHF 0.9710 RUB 63.3298 TRY 5.9837 WTI$ 52.94 +1.53%
S&P -0.08% EuroStoxx +0.57% FTSE +0.45% Dax +0.45% SMI -1.16%
Macro :
- China Auto Output to Drop 15% on Virus Blow, Top Supplier Says
- French Economy Shrinks for First Time in Macron’s Presidency
- At Least Two-Thirds of China Economy to Stay Shut Next Week (1)
Keep an eye on :
- ATL IM : Italy Government Open to Talks With Autostrade: Corriere
- AOX GY : GIC’s EU170m Alstria Office REIT Placement Is Covered: Terms
- AML LN : Aston Martin Calls Emergency Fundraising Board Meeting, FT Says
- AML LN : Aston Martin Is Said to Near Deal to Sell Stake to Stroll (1)
- BBVA SM : BBVA Fourth Quarter Loss Narrower Than Estimates
- EN FP : Bouygues Construction Suffers Cyberattack on IT Network
- CABK SM : CaixaBank Sees 2020 Core Revenues Rising About 1% Y/Y
- ELIS FP : Elis Full Year Revenue Matches Estimates
- EPIA SS : Epiroc Fourth Quarter Revenue 2.4% Below Estimates
- EQNR NO : Equinor Says Remaining Oil in South Riding Point Tanks Exported
- HMB SS : H&M’s First Female Boss Boosts Persson Fortune by $1.4 Billion
- IAG LN : IAG Names New Iberia and Vueling CEOs Following Walsh Exit
- INTO BB : Intervest O&W Sees Vacant Gold Forum Fully Rented by Mid-2020
- ITMR IT : Itamar Medical Offering Prices 2.55m ADR at $13.75/ADR
- KBC BB : *KBC NOMINATES KOENRAAD DEBACKERE AS CHAIRMAN: STANDAARD
- LEHN SW : Lem Maintains Full Year Sales About CHF310 Mln
- LDO IM : Leonardo Expects 2019 Orders, Revenue Above Guidance
- LDO IM : Leonardo's 4Q View Puts Helicopter Recovery Ahead of Plan: React
- LUPE SS : Lundin Petroleum Fourth Quarter Ebitda Beats Highest Estimate
- MBTN SW : Meyer Burger Fined for Accounting Errors in Financial Statements
- ORA FP : France Will Have to Compensate Operators if Huawei Banned: FFT
- ROSE SW : KWE Beteiligungen’s Sale of Zur Rose Stake Is Covered: Terms
- SAB SM : Sabadell Fourth Quarter Loss Misses Lowest Estimate
- SAB SM : Sabadell Doesn’t Rule Out Further Loan Securitizations: CFO
- LIGHT NA : Signify Raises Dividend after 4Q Sales Growth Misses Est.
- LIGHT NA : Signify CEO Says Analyzing Impact Virus on No. 2 Market China
- SRAIL SW : Stadler Rail Forecasts Double-Digit Growth After 2019 Sales Jump
- TALK LN : TalkTalk Keeps Expectations Unchanged
- TEF SM : Telefonica Hires Citi for Latam Sale: El Confidencial
- TOD IM : Tod's Full Year Sales Beat Highest Estimate
- 8TRA GY : Volkswagen’s Traton Offers to Buy Rest of Navistar for $2.9B
- UBSG SW : UBS to Face Accusation in Italy of Helping in $6.6 Million Fraud
- VOW GY : VW’s Traton Offers to Buy Rest of Navistar for $2.9 Billion (2)
- VOW GY : Volkswagen Agrees to Sell Gearbox Maker Renk to PE Firm Triton
- WDP BB : WDP 2019 Dividend Meets Ests; 2020 Dividend Forecast Beats Ests
- XIOR BB : Xior to Spend EU32m on Office Conversion Project in Eindhoven
- ZAR GY : Triton Agrees to Acquire VW’s Renk for EU97.80/Share