Asian stocks declined, while the yen fluctuated and Treasuries gained after the Bank of Japan refrained from broad changes to its ultra-loose monetary policy.
Japanese shares pared losses before resuming declines as BOJ policy tweaks included a shift in purchases of exchange-traded funds toward assets linked to the Topix index. Equities declined in Hong Kong with more muted moves elsewhere in the region. Japan’s government bonds jumped as the central bank indicated flexibility in its market operations, while the dollar steadied and U.S. equity futures ticked higher. Oil slipped below $70 a barrel.
Nikkei +0.23% HAng Seng -0.39% CSI +0.14% Shanghai +0.34% Shenzen +0.03%
Eur$ 1.1714 CNH 6.8335 CNY 6.8257 JPY 111.27 GBP1.3128 RUB 62.2433 CHF 0.9875
S&P +0.15% EuroStoxx -0.12% FTSE -0.04% Dax -0.08% SMI 0.03%
Macro :
- Morgan Stanley Says Correction Worse Than February Is Building
- Watch Steelmakers as China Rebar Futures Head for 5-Year High
- U.S.-China Trade Dispute to Escalate Further in 2018: Moody’s
- *CHINA JULY MANUFACTURING PMI AT 51.2; EST. 51.3
Keep an eye on :
- ADP FP : Aéroports de Paris Raises Full-Year Consolidated Ebitda Forecast
- AXA NO : Axactor Buys Unsecured NPL Portfolio of EUR2.3B in Spain
- CSGN SW : Credit Suisse Second Quarter Revenue Beats Highest Estimate
- EBS AV : Erste Group Bank Second Quarter Revenue Meets Estimates
- EOAN GY : Eon Considering Merger With Innogy, Waz Reports
- ERF FP : Eurofins Scientific First Half Revenue EU1.74 Bln
- FRE GY : Fresenius SE 2Q Adjusted Ebit 1.8% Above Est.
- FME GY : Fresenius Medical Second Quarter Revenue 2.3% Below Estimates
- FPE GY : Fuchs Petrolub First Half Revenue EU1.31 Bln
- GAM SW : GAM Suspends Investment Director, Warns of Client Redemptions
- HEI GY : HeidelbergCement Profit Misses Estimates on Currency Effects
- HEIA NA : Heineken Thesis Has Changed, See Lower Margin Outlook: Jefferies
- IMB LN : Imperial Unlikely to Sell More Logista Anytime Soon: Jefferies
- IPS FP : Ipsos to Buy Four Divisions of Gfk Research for EU105m
- LAT1V FH : Lassila & Tikanoja Second Quarter Net Sales EU203 Mln
- LR FP : Legrand 1H Adj. Operating Profit Rises 14.4%, Keeps Targets
- LEHN SW : Lem First Quarter Ebit CHF18.5 Mln
- LDO IM : Leonardo First Half Revenue 4.9% Above Estimates
- LOGN SW : Logitech First Quarter Sales Beat Highest Estimate
- LOGN SW : Logitech to Buy Blue Microphones for About $117 Million in Cash
- LOG SM : Imperial Unlikely to Sell More Logista Anytime Soon: Jefferies
- LUPE SS : Lundin Petroleum Second Quarter Ebitda 4.6% Above Estimates
- MDM FP : Maisons du Monde 1H Ebitda EU48m; Cuts FY Targets
- MCHN SW : MCH Group Facing Transformation After Swatch Pulls Out of Fair
- MEL SM : Melia Says It Has Positive Expectations for 3Q High Season, Melia Hotels First Half Net Revenue 2.2% Below Estimates
- MRL SM : Merlin First Half Net Income EU457.6 Mln
- PGS NO : PGS Offering by Holder Prices 20m Shares at NOK40/Share
- RXL FP : Rexel 2Q Rev. EU3.37b, Est. EU3.31b
- RIB GY : RIB Software Second Quarter Ebitda EU9.0 Mln
- ROG SW : Roche Acquires Outstanding Foundation Medicine Shares
- SAN FP : Sanofi 2Q Business EPS EU1.25; Est. EU1.20
- SMCP FP : SMCP Lifts Guidance as CEO Sees Faster Growth in Asia, Digital
- GLE FP : SocGen Says Trader Who Cost $267 Million in Fines Must Lose Suit
- SOLB BB : Solvay Second Quarter Adjusted Ebitda 4.9% Above Estimates
- STAN LN : StanChart Misses on Costs But Revenue Momentum Building: JPM
- TCG LN : report that possible sale of stake in airline could lead to a full separation - FT
- UMI BB : Umicore First Half Adjusted Ebit Beats Estimates
- VIV FP : Vivendi First Half Revenue Meets Estimates
- VOD LN : Vodafone Activism is a Realistic Possibility, BofAML Says