Stocks in Asia followed U.S. equities higher as investors reassessed the danger of a trade-damaging spiral of tariff increases in the world’s top two economies. Treasuries extended declines and the yen fell. Japanese and South Korean shares led gains in the region and Australian equities advanced, with markets in China and Hong Kong closed Thursday for holidays. U.S. equity-index futures gained. The S&P 500 Index swung from a loss to close up 1.2 percent, and 10-year Treasury yields turned higher, after traders’ optimism grew that the U.S. and China will step back from the brink of a trade war. Representatives from China and the U.S. left the door open for a negotiated solution to avoid tariff proposals that wouldn’t take effect for months. US After Hours OLLI -5% following earnings, CNAT -33% after drug trial fails to meet primary endpoint
Nikkei +1.65% Hang Seng Closed CSI Closed Shanghai closed Shenzen Closed
Eur$ 1.2270 CNH 6.2850 CNY 6.3033 JPY 106.88 GBP 1.4064 CHF 0.9616 RUB 57.4929 WTI$ 63.64 +0.43%
S&P +0.26% EuroStoxx +1.17% FTSE +1.35% Dax +1.21% SMI +1.33%
Macro :
- Citi Upgrades U.K. Stocks; Cuts Japan, Continental Europe
- Norway Seafood Exports Fall 2% to NOK23.7B in 1Q Vs Year Ago
Keep an eye on :
- ADS GY : Under Armour Brand, EPS Power to Remain Pressured: Susquehanna
- AF FP : Air France Unions Plan Four More April Strike Days: AFP
- AD NA : Investor Group VEB Seeks AGM Vote on Ahold Stichting: Telegraaf
- ATL IM : Atlantia Confirms Put Option for Cellnex Stake Sale to Edizione
- AKSO NO : Aker Solutions, Kvaerner Gets Statoil Contract Worth NOK3.4B
- ALIV SS : Autoliv Holder Cevian Capital Boosts Stake to 9.62%
- AZORA IPO : Azora Is Said to Seek to Raise EU700m in May IPO: Confidencial
- BCP PL : Banco Comercial Portugues Says Norges Bank Became 1.68% Holder
- BARC LN : Moody’s Cuts Barclays PLC’s Long-Term Issuer Rating to Baa3
- BELFIUS IPO : Belfius CEO Says IPO No Longer Possible Before Summer: L’Echo
- GBF GY : Bilfinger to Decline Discharge for 2015 Mgmt Board Members: BZ
- BIM FP : Biomérieux Says Astute Medical Purchase to Cut Operating Profit
- BX US : Blackstone, PIF of Saudi Arabia in Pact for Investment Vehicle
- ALCLS FP : Cellectis Follow-on Offering Prices at $31.00 Per ADS
- CLN SW : Clariant Targets $2b in North America Sales by 2021
- CNP FP : CNP Assurances, Caixa Seguridade in Talks for Binding Agreement
- CVR LN : Three From PwC Named Conviviality Brands Joint Administrators
- DIS US : ESPN Reaches Ten-Year Agreement for Ivy League Sports Rights
- DBX US : Dropbox Named Best Long Idea at Hedgeye, Sees Stock Hitting $40
- FPM LN : DNO Completes Tender for 10% of the Shares in Faroe Petroleum
- GE US : GE Consortium Wins Contract to Build Polish Power Plant
- MRK GY : Merck KGaA to Pay German Staff EU1000 Cash Bonus, Shares: WiWo
- MONC IM : Moncler Starts Buyback Program for up to 2.1m Shares
- FB US : Facebook Says Up to 87m People’s Data May Be Improperly Shared
- FPM LN : DNO Doesn’t Intend to Make Offer for Faroe Petroleum
- FDSA LN : SS&C Is Said to Have Approached Fidessa About A Deal: FT
- ICPT US : Intercept Pharma Falls as 1Q Ocaliva Sales View Disappoints
- IIA AV : Immofinanz Sees Full Year Dividend Per Share EU0.08
- NANO NO : Nordic Nanovector, CEO Costa Mutually Agree He Will Step Down
- UG FP : PSA CEO Tavares Confirms Plan to Sell Cars in U.S. by 2026
- RATOB SS : Ratos Portfolio Company Aibel Gets NOK8b Contract From Statoil
- RYA LN : Ryanair Says 8 Flights Were Canceled Due to Strike in Portugal
- SANN SW : Santhera’s Omigapil Study Met Safety, Tolerability Objective
- SPU NO : Spectrum Sees 1Q Net Revenue of About $26M Vs $25M Year Ago
- SYNN SW : Syngenta Plans Up to $4.8 Billion Equivalent Bond Sale
- TIT IM : Telecom Italia Board Still Plans May 4 Shareholder Meeting
- FP FP : Total Will Drill Two Exploration Wells in Mauritania by 2019
- UBI FP : Ubisoft’s Far Cry 5 Is Fastest Selling in Franchise’s History
- UCB BB : UCB Buys Duke University Spinoff Element Genomics for Up to $30m
- UCG IM : UniCredit Plans to Sell EU2b of NPLs This Year, Il Sole Says
- UBSG SW : Mubadala in Talks to Buy Minority Stake in UBS London HQ: CoStar
- VOW3 GY : Volkswagen Cancels Contracts With Prevent, Handelsblatt Reports
- WTI LN : Weatherly Says BackStop Date May Be Extended for Kitumba Project
- WPP LN : WPP Is Said to Have Settled Lawsuit Alleging Exec Misconduct:WSJ
- ZURN SW : Zurich Holders Elect Michel Liès as New Chairman, Approve Div