Asian equities rose with U.S. futures and China’s stocks stabilized after Monday’s slide as investors gauge efforts to contain the coronavirus and awaited potential responses from policy makers.
In a wild start to trading Tuesday, Chinese equities tumbled more than 2%, then recouped all that loss within minutes. South Korean shares outperformed in Asia, with Hong Kong, Japanese and Australian benchmarks seeing more modest gains. Oil recovered a slice of recent losses, and traded back above $50 per barrel. U.S. Treasury yields also edged up, while the dollar was flat. European futures gained.
US After Hours GOOG -4.5% HIG -1.8% NXPI -1.8% VIRT +6.6% PAH +3.4%
Nikkei +0.49% Hang Seng +1.30% CSI +2.53% Shanghai +1.25% Shenzen +1.74%
Eur$ 1.1060 CNH 6.9908 CNY 6.9916 JPY 108.90 GBP 1.2999 CHF 0.9681 RUB 63.49 TRY 5.9858 WTI$ 50.61 +1%
S&P +0.80% EuroStoxx +0.63% FTSE +0.63% Dax +0.86% SMI
Macro :
- Historic Plunge in China Car Sales Seen Accelerating on Virus
- Iowa Will Not Release Caucus Results Until Tuesday Morning
Keep an eye on :
- ACS SM : *ACS TO BUILD ADDITIONAL 3.2 GW OF PHOTO-VOLTAIC CAPACITY: CINCO
- ALFA SS : Alfa Laval Fourth Quarter Adjusted Ebita Beats Highest Estimate
- AFP SW : Aluflexpack Sees 2020 Sales EU220 Mln To EU230 Mln
- AMBUB DC : Ambu First Quarter Ebit Beats Highest Estimate; Outlook Kept
- ARJON SS : Arjo Full Year Dividend Per Share Beats Estimates
- ATS AV : AT&S Nine Month Ebitda EU156.4 Mln, -29% Y/y
- AXA NO : Axactor Prelim 4Q Ebitda EU23.8M; Ended Talks on Potential Offer
- BAYN GY : Monsanto Roundup Trial in St. Louis Cancelled, Susquehanna Says
- BMPS IM : *EU DECISION ON PASCHI NPL TRANSFER EXPECTED BY END FEB: SOLE
- CARLN DC : Carlsberg Full Year Adjusted Ebit Meets Estimates
- DEMANT DC : Demant 2020 Ebit Forecast Midpoint 1.8% Below Estimates
- DIE BB : Belgian Jan. Car Registrations Rise 1.5%; D’Ieteren Has 22.3%
- GJF NO : Gjensidige Forsikring Says Request for PIM Adjustments Rejected
- IPS FP : Ipsos Buys Maritz’s Mystery Shopping Operation
- MUL LN : Frasers Group Bought 12.5% Economic Interest in Mulberry Group
- NENTB SS : NENT Full Year Dividend Per Share Beats Estimates
- NUM LN : Numis Says Performance is in Line With Expectations
- ODHN SW : Orascom Development: Sawiris to Be Interim Executive Chairman
- OHL SM : *VILLAR MIR IN TALKS TO MERGE OHL WITH CAABSA: CONFIDENCIAL
- PNDORA DC : Pandora Sees 2020 Organic Revenue Growth of -3% to -6%
- PSH NA : Pershing Square Holdings Jan. Net Performance -1.3%
- RESURS SS : Resurs Holding 4Q Operating Income Beats Highest Est.
- SGSN SW : Von Finck Family Places 12.7% of SGS at CHF2,425 Per Share
- SIA IPO : Italy’s SIA Board May Approve IPO Plan This Week: MF
- SIE GY : Siemens Gamesa Sees Solid Long-Term Outlook: Filing
- SMIN LN : Smiths Is Said to Invite Final Bids for $3 Billion Medical Unit
- SNH GY : Spain’s Pikolin Seeks to Buy Cofel, Dunlopillo: Les Echos
- TIT IM : Telecom Italia’s Revenue Officer Is Said to Be on the Way Out
- 02D GY : Telefonica Deutschland Chairwoman Quits to Focus on Group Level
- VLA FP : Valneva Secures Debt, Confirms Intention to List on NASDAQ
- V3S GY : Vectron Systems to Offer Up to 727k Shrs
- VIV FP : Vivendi will appeal today’s decision by a Milan Court and will continue to defend the rights of minority shareholders against
- VOD LN : U.K. Tells Mobile Operators to Fulfill Rural Service Pledge: FT
- WIZZ LN : Indigo Partners’ Sale of 11.9m Wizz Air Shares Is Said Covered, Offering Is Said Expected to Price at 40.1
- WLN FP : Worldline Holder Atos to Offer 23.9m Shrs