The risk-on sentiment that ushered in the new year took a hit on Friday as tensions flared in the Middle East, buoying the yen and sending U.S. equity futures lower. Oil surged.
Stocks in Asia reversed gains and Treasury futures advanced as news broke that a U.S. airstrike in Baghdad killed a top Iranian commander. The risk-off move was given extra momentum when Iran’s Ayatollah Khamenei said “severe retaliation” awaits the commander’s killers. The developments ended the bullish mood that had pushed the S&P 500 to a record high Thursday.
US After Hours INCY falls -9.6% on clinical data; ILMN/PACB merger terminated; LNDC falls 14% on earnings
Nikkei Closed Hang Seng -0.21% CSI -0.22% Shanghai -0.07% Shenzen +0.22%
Eur$ 1.1170 CNH 6.9705 CNY 6.9729 JPY 108.15 GBP 1.3119 CHF 0.9706 RUB 61.8288 TRY 5.9641 WTI$ 62.90 +2.81%
S&P -0.76% EuroStoxx -0.55% FTSE -0.44% Dax -0.55% SMI -0.99%
Macro :
- S&P Takes Most Bearish Stance on U.S. Corporate Debt Since 2009
- Cash and Bonds the Big Fund Flow Winners in 2019, Jefferies Says
- Equities To Rally on Fear of Missing Out, UBS Private Bank Says
Keep an eye on :
- ADEN SW : Adecco Sees Gain in 4Q, FY Results on Soliant Health Divestment
- AGS NA : Ageas Sees RPN(i) Effect Reducing 4Q Earnings by EU106 Million
- AIR FP : FT Lex Artcile : End of 737 will be -ve for both Boeing & Airbus : https://on.ft.com/2QiVEW1
- AIR FP : Airbus May Hire 2,000 in Toulouse in 2020: France Bleu (Earlier)
- ATC NA : Cellnex to Buy EU800 Million of Portugal Phone, Internet Masts
- CLNX SM : Cellnex Starts 2020 With Deal to Buy Towers From Morgan Stanley
- DBV FP : DBV Technologies Names Ramzi Benamar as CFO
- DTE GY : Analyst Sees Judge Likely to Block T-Mobile’s Sprint Merger
- EQNR NO : Equinor’s Undervalued Wind Assets Could Drive Re-Rating: RBC
- FIN LN : Finablr Says Other Brands Operating Normal after Travelex Notice
- FNG BB : *FNG SUSPENDED IN BRUSSELS PENDING STATEMENT: FSMA
- GLJ GY : Grenke Full Year New Business Volume EU3.57 Bln, +20% Y/y
- MC FP : Louis Vuitton to Close Store in Protest-Hit H.K. District: SCMP
- MBT LN : Mobile Tornado Sees Earnings Below Market Expectations
- ONTEX BB : ENA Investment Capital Cuts Ontex Shareholding to 2.13% Dec. 27
- PRS NO : Keppel: Prosafe Filed Norway Appeal on Proposed Floatel Merger
- RYA ID : Ryanair’s O’Leary Cuts 737 Max Delivery Expectations to Five
- SRCG SW : Sunrise Says Swantee Resigns as CEO; Krause Becomes New Head
- SWMA SS : Swedish Match ADRs Gain on New FDA Language on Flavored Cigars
- TSLA US : Tesla Cuts Prices on China-Built Model 3 (1)