Stocks in Asia were mixed after the Federal Reserve indicated that it’s unlikely to move in either direction on policy any time soon following its latest interest-rate cut, while corporate results continued to roll in. Gains in Treasuries petered out.
Shares were little changed in Tokyo, where the Bank of Japan dropped its time frame for forward rate guidance. The yen fluctuated. Stocks gained in Seoul after earnings at Samsung Electronics Co. topped estimates. Nasdaq futures rose as Apple Inc. projected sales that beat expectations. The offshore yuan shrugged off a poor China manufacturing PMI, while stocks slipped in Shanghai and rose in Hong Kong. The dollar dipped and U.S. and European futures were flat.
Macro :
- BOJ Guidance Shift Weighed Against China PMI Shock: Macro Squawk
- China Oct. Manufacturing PMI at 49.3; Est. 49.8
Keep an eye on :
- AIR FP : Bombardier in Talks to Sell Plants to Spirit for Over $1B: Rtrs
- AF FP : Air France-KLM 3Q Op. Profit Misses Estimates; Trims Outlook
- ALT FP : Altran 3Q Rev. EU779M; Remains Confident In Business Outlook
- AMG NA : AMG Third Quarter Ebitda $24.4 Mln
- AMUN FP : Amundi 3Q Net Inflows Rise to Record EU42.7B
- ASM NA : ASMI Fourth Quarter Revenue Forecast Beats Highest Estimate
- BKT SM : Bankinter Nine Month Net Income EU444 Mln, +9.9% Y/y
- BBVA SM : BBVA Third Quarter Net Income Beats Highest Estimate
- BNP FP : BNP Paribas Names Pariset as Swiss CIB Head, Replacing Voegeli
- BNP FP : BNP Shares Likely to React Positively to Results: Morgan Stanley
- CABK SM : CaixaBank Third-Quarter Net Income Beats Highest Estimate (1)
- CARLB DC : Carlsberg Third Quarter Sales 1.1% Above Estimates
- DHER GY : Delivery Hero Boosts Full Year Revenue Forecast
- EDP PL : EDP Nine-Month Net Income Rises 55% Y/y to EU460m
- ETL FP : Eutelsat Says FY Rev. May Land in Lower Half of Guidance Range
- ETL FP : Eutelsat 1Q Disappointing, Shares Likely to Drop: Morgan Stanley
- EO FP : Peugeot Is Said to Weigh Faurecia Spin-Off as Part of Fiat Deal
- FER SM : Ferrovial Nine Month Loss EU104 Mln Vs. Profit EU59 Mln Y/y
- FCT IM : France Says It ’Remains Very Attached’ to Fincantieri Deal
- FCS IM : Fiat Chrysler, PSA Group Plan on 50/50 Combination (1)
- FCH LN : Funding Circle to Introduce Selling Tool Dec. 2
- FUTR LN : Future to Buy TI Media for GBP140m From Epiris; Plans Placing
- GEBN SW : Geberit Keeps Forecast as Net Income Beats Highest Estimate (2)
- IAG LN : *IAG 3Q ADJ. OPER PROFIT EU1.43B, EST. EU1.45B
- LLOY LN : Lloyds Third Quarter Statutory Pretax Profit Misses Estimates
- MDM FP : Maisons du Monde Cuts FY Margin Outlook on Modani, U.S. Tariffs
- OUT1V FH : Outokumpu Oyj Third Quarter Adjusted Ebitda Beats Estimates
- REP SM : *REPSOL 3Q ADJ. NET EU522M; EST EU475.7M
- SAN FP : Sanofi Third-Quarter EPS Beats Estimates, Forecast Reiterated
- SN/ LN : Smith & Nephew Third Quarter Underlying Revenue +4%
- SCMN SW : Swisscom 3Q Net Beats; Confirms FY Views
- SREN SW : Swiss Re Nine Month Corporate Solutions Net Loss $441 Mln
- WAF GY : Greenlight Takes New Small Position in Siltronic: 3Q Letter
- TEN IM : Tenaris Likely to See Downgrades on Weaker 4Q Outlook: Analysts
- TL5 SM : Mediaset Espana Third Quarter Net Income EU29.6 Mln
- UBI FP : Ubisoft’s Ghost Recon Breakpoint Weighs on First-Half Profit
- ZAL GY : Zalando Confirms FY Revenue Growth, Adj. Ebit Guidance