Asian stocks headed for their first back-to-back daily advance since concerns about the coronavirus erupted two weeks ago, while U.S. futures retreated after a powerful rally on Wall Street Tuesday.
Asian currencies mostly retreated, pulled down by Singapore’s dollar, after that city’s central bank said there was room for easing. Hong Kong stocks gave up gains after a report on potential new restrictions to contain the virus. Japanese equities led advances. European equity futures slid. Bonds fell, though came off their lows late in the Asian session, while oil recouped some of its recent losses to trade around $50 a barrel in New York.
US After Hours Rough earnings session for several names including PLT -29%, SNAP -11%, F -9%, MTCH -7%, KLAC -5%; IRET trades higher as it gets added to S&P SmallCap 600, NKE -2%
Nikkei +1.02% Hang Seng +0.25% CSI +1.09% Shanghai +1.26% Shenzen +2.42%
Eur$ 1.1040 CNH 7.0025 CNY 7.000 JPY 109.38 GBP 1.3016 CHF 0.9689 RUB 63.05 TRY 5.9851 WTI$ 50.02 +0.83%
S&P -0.19% EuroStoxx -0.21% FTSE -0.33% Dax -0.11% SMI -0.19%
Macro :
- Lasry’s Avenue Nears $500 Million Goal for First Impact Fund (1)
Keep an eye on :
- ABBN SW : ABB Flags Potential Coronavirus Impact as 4Q Meets Estimates
- ADS GY : Nike Says Coronavirus to Have Material Impact on China Ops -->-2% in After Hours
- ALKB DC : ALK-Abello 2020 Revenue Forecast Midpoint 1.8% Below Estimates
- APAM NA : Aperam Fourth Quarter Ebitda Beats Highest Estimate
- AAPL US : IPhone Maker Hon Hai Cuts 2020 Outlook After Virus Outbreak (2)
- AST IM :Astaldi Says Bondholders Meetings Dates Confirmed
- MT NA : Italy’s Conte Meets With ArcelorMittal Chief on Plant: Corriere
- BEN FP : Beneteau Sees Full Year Revenue Up +2% to +4%, Higher Ebitda
- BHG SS : Bygghemma Group First Offering by Holder Prices at SEK69/Share
- BNP FP : *BNP 4Q FICC TRADING REVENUE RISES 63% TO EU820M
- BNP FP : BNP Paribas CIB Is Well-Positioned in 2020, CFO Says
- BRG NO : Borregaard Fourth Quarter Adjusted Ebita Misses Estimates
- CON SW : Conzzeta Confirms View of Slightly Improved 2019 EBIT Margin
- COV FP : Hotel Deals Heat Up Across East Europe as Boom Moves Past Prague
- CFEB BB : DEME Venture Awarded EU99m Contract for Widening of Kiel Canal
- DIC GY : DIC Asset Maintains 2020 FFO EU104 Mln To EU106 Mln
- DIS US : *DISNEY+ 1Q SUBSCRIBERS 26.5M, EST. 20.8M
- EBAY US : Intercontinental Exchange Says It’s Not in Talks With eBay
- ENO SM : Elecnor Picked by Spain’s Bad Bank to Manage 26,000 Properties
- FSKRS FH : Fiskars Full Year Dividend Per Share Matches Estimates
- FYB GY : Formycon: FDA Requested Added Data as Part of FYB201 BLA Review
- SESG FP : Intelsat, SES Group Criticizes Eutelsat Revenue Proposal at FCC
- GN DC : GN Store Nord Full Year Revenue Meets Estimates
- GWI LN : CPI Property Says It Now Has 29.4% of Globalworth Voting Rights
- HAB GY : Hamborner REIT Full Year Dividend Per Share Misses Estimates
- IFX GY : Infineon 1Q Total Segment Profit Beats Highest Est.
- INDT SS : Indutrade Fourth Quarter Net Sales Miss Lowest Estimate
- MC FP : Tiffany Shareholders Approve Purchase by LVMH
- DRLCO DC : Maersk Drilling 2020 Ebitda Pre-items View Misses Est.
- MELE BB : Melexis First Quarter Revenue Forecast Beats Highest Estimate
- MOY GY : Mynaric to Offer Up to 290k Shrs
- NOS PL : NOS, Vodafone Sign Letter on Sharing Some Mobile Network Assets
- NOVOB DC : Novo Nordisk Sees 2020 Op Profit At Constant FX +1% To +5%
- OR FP : L’Oréal in Exclusive Talks With Impala to Sell Roger & Gallet
- RECIB SS : Recipharm Declares Consort Offer Unconditional, Controls 72.6%
- RNO FP : Renault’s Korea Unit May Halt Output on Parts Shortage: Maeil
- SIE GY : Siemens Warns of Tough Year After Sharp Quarterly Profit Decline
- SIE GY : Siemens Gamesa to Buy Iberdrola Stake EU20/Shr
- TIT IM : Telecom Italia Appoints New Chief Revenue Officer
- TOM2 NA : TomTom Fourth Quarter Gross Margin Beats Estimates
- VATT SS : Vattenfall Full Year Operating Profit SEK22.14 Bln
- VIV FP : Spotify Seeks to Renegotiate Music Royalty Deals, FT Reports
- VOD LN : *VODAFONE 3Q ORGANIC SERVICE REV. BEATS EST.; KEEPS FORECASTS