Most stocks in Asia declined as investors contemplated President Donald Trump’s latest tariff moves against an array of trading partners, with a key Dec. 15 deadline looming for Chinese imports.
Equity benchmarks opened lower across the region in the wake of the biggest slide on Wall Street in eight weeks, but pared losses as the session wore on. Shanghai was almost unchanged, while U.S. and European futures rose. Australia’s dollar climbed after its central bank held its key interest rate and highlighted that past easing is having an impact. Aussie bonds dropped, adding to a global slump in government bonds Monday.
Trump on Monday slapped steel tariffs on Brazil and Argentina, and proposed new levies on France. The moves come amid a continued lack of closure on a U.S.-China trade deal, with the next round of tariff hikes on Chinese goods less than two weeks away.
US After Hours COUP -3% following earnings/guidance, ILPT +7% on S&P SmallCap 600 addition news
Nikkei -0.64% Hang Seng -0.27% CSI +0.30% Shanghai +0.21% Shenzen +0.43%
Eur$ 1.1078 CNH 7.0398 CNY 7.0405 JPY 109.15 GBP 1.2946 CHF 0.9919 RUB 64.1466 TRY 5.7522 WTI$56.20 +0.45%
S&P +0.19% EuroStoxx +0.36% FTSE +0.13% Dax +0.37% SMI +0.21%
Macro :
- European Construction Stocks Still Attractive for 2020: Citi
- SIG Combibloc, HelloFresh, TP ICAP, Others to Join Stoxx 600
- Trump Admin. Considers Easing Drug Protections Under USMCA: DJ
- S&P 500 Put Trade Hedges $4.8 Billion Portfolio for 4% Drop
- Value Stocks Will Shine as Sun Sets on the QE Era: Macro View
Keep an eye on :
- ABN NA : ABN Amro Closes 470 ATM Cash Dispensers Because of Crime Wave
- AIR FP : Airbus Seeks $2 Billion Reduction in U.S. Tariffs on A380 Demise
- A3M SM : Atresmedia Holders Imagina Media Audiovisual to Offer Shares
- AZN LN : AstraZeneca Divests Rights to Seroquel in U.S., Canada
- BG AV : Bawag Holder Cerberus Capital Management to Offer Shares--> Bawag Offering by Holder Prices 7.1m Shares at EU35.25/Share
- BOO LN : Boohoo Group Trading in Line With Market Expectations
- BPOST BB : Bpost Cuts Interim Dividend/Shr to EU0.62; BDVD Forecast EU0.55
- CINE LN : Cineworld Sees FY Earnings Slightly Below Expectations (1)
- CSRT LN : Consort Medical First Half Revenue GBP146.0 Mln
- DAI GY : Daimler Starts Mercedes Ride Service in China Holder’s Hometown
- DAI GY : Daimler May Execute Most of Job Cuts in Germany: Stuttgarter
- DIE BB : Belgian Nov. Car Registrations Advance 2.2%; D’Ieteren Has 23.8%
- EZJ LN : EasyJet Is Set for a Return to FTSE 100, Hiscox Faces Demotion
- EKTAB SS : Viewray Reports Collaborations With Elekta, Medtronic
- EXE FP : Exel Industries Names Yves Belegaud as New CEO
- FERG LN : Ferguson First Quarter Revenue $5.21 Bln
- GEDI IM : CIR Signs Deal to Sell Italian Publisher Gedi to Exor, 0.46/share --> +61.97% vs Friday Close (0.284)
- ISAT LN : Inmarsat’s Contesting Shareholders No Longer Intend to Object
- KURN SW : Kuros Reports 36.3% Take-Up of CHF12.5 Million Rights Offering
- MC FP : Watch LVMH, L’Oreal as U.S. Proposes Tariffs on Handbags, Wine
- MB IM : Milan Prosecutors Open Probe on Delfin Stake in Mediobanca: Ansa
- MTRO LN : Billionaire Cohen Cuts Metro Bank Stake for Third Time in a Week
- OSR GY : Osram and AMS CEOs Met With Hedge Funds to Discuss Tender Offer
- OR FP : Watch LVMH, L’Oreal as U.S. Proposes Tariffs on Handbags, Wine
- RAND NA : Randstad: Oct/Nov Trading Conditions ‘Broadly in Line’ With 3Q
- REP SM : Repsol Is First Oil Major to Pledge Zero Emissions by 2050
- UCG IM : UniCredit Says ECB Set Minimum CET1 Ratio for 2020 at 9.84%
- UCG IM : UniCredit Plans EU2b Buybacks in 2020-2023, About 8,000 Job Cuts
- VAF PL : Vista Alegre Says It Fully Repaid Loans From Visabeira, Banks
- ZAG AV : Zumtobel First Half Revenue EU603.8 Mln