Asian stocks advanced with U.S. and European equity futures after the daily reported death tolls in some of the world’s coronavirus epicenters dropped on Sunday.
Contracts on the S&P 500 Index and Euro Stoxx 50 climbed more than 3%, and Japan’s benchmarks were also more than 3% higher, snapping a five-day losing streak even as the country approaches a potential emergency declaration. Shares in Hong Kong also rose, though to a lesser degree, and Australia outperfomed. The yen dropped along with Treasuries as haven demand receded. Crude oil prices fell as uncertainty remains over a proposed meeting of supplier nations that is planned for April 9.
Nikkei +3.12% Hang Seng +1.77% CSI Closed Shanghai Closed Shenzen Closed
Eur$ 1.0828 CNH 7.1015 CNY 7.0915 JPY 109.05 GBP 1.2235 CHF 0.9772 RUB 76.95 TRY 6.74 WTI$ 27.70 -2.29%
S&P +3.95% EuroStoxx +3.99% FTSE +3.05% Dax +4.5% sMI +2.98%
Macro :
- Volatility Eases in U.S. Stock Futures, Bouncing After Down Week
- End of Forced Liquidation Seen in Foreign Inflows: China Today
- Putin Says Reduction of 10m B/D in Global Oil Output Is Possible
- OPEC+ Meeting Delayed on New Saudi, Russia Rift
- Italy to Expand Takeover Shield to SMEs, Financials: Patuanelli
- Silver Lake Partners to Seek at Least $16b for Buyout Fund: Rtrs
Keep an eye on :
- ABI BB : Anheuser-Busch Delays Unwind of SAB Zenzele Empowerment Deal
- ABI BB : Grupo Modelo Halting Mexico Breweries Due to Emergency Orders
- AF FP : Le Parisien: Le groupe Air France-KLM négocie un prêt bancaire de 6 milliards d'euros
- MO US : Altria Quit E-Cigarette Sales in Secret Deal With Juul, FTC Says
- AMS SW : AMS Unveils Share Buyback Program of 5% of Issued Share Capital
- ATL IM : Italy, Benettons Deny Report on Autostrade’s Toll-Roads Deal (1)
- CS FP : Villeroy Closely Watching Insurer Dividend Policy, He Tells AFP
- CS FP : Axa CEO Calls For Major Health Crisis Insurance Mechanism: JDD
- BA/ LN : BAE Systems Gets $200M Maintenance Contract From U.S. Navy
- BAYN GY : Coronavirus Bogs Down Bayer's Roundup Settlement Talks
- BA US : Boeing Extends Seattle-Area Production Shutdown Indefinitely
- BOOZT SS : Boozt Suspends 2020 Forecast as Coronavirus Hits March Sales
- BVI FP : Bureau Veritas Cancels 2019 Dividend, Sees China Recovery
- BRBY LN : Robert Peston: Burberry has turned over production to the production of PPE gowns to protect nurses, doctors and other
- CA FP : France’s Picard Frozen Food Sales Jump on Confinement: Les Echos
- CBK GY : German Govt to Replace Commerzbank Supervisory Board Members: FT
- COPN SW : Cosmo Says Covid-19 Drug Approved for Compassionate Use in Italy
- ACA FP : Credit Agricole CEO Sees Economy Restarting Quickly After Virus
- CSGN SW : Credit Suisse Forms ESG Advisory Group Within Investment Bank
- DIC GY : DIC Asset Cuts Full Year FFO Forecast
- EZJ LN : EasyJet Board Rejects Requisition Notice on General Meeting
- EMSN SW : EMS-Chemie 1Q Net Sales CHF496M; Sees Lower 2020 Ebit
- EURN BB : Euronav’s Two Top Holders Each Cut Stake to Less Than 5%
- FCA IM : Fiat Postpones $1.2 Billion Dividend Agreed to in Peugeot Deal
- FUR NA : Fugro Pulls Earlier 2020 Guidance, Starts Cost-Cutting Program
- FUM1V FH : Fortum Moves to Strengthen Grip on Uniper After Chairman Quits
- GEBN SW : Geberit First Quarter Sales 2.6% Above Estimates
- GILD US : Ramping up production of its experimental coronavirus drug Remdesivir
- GVC LN : GVC Units Withhold Rent Payments on Over 3,000 Shops: Sky
- HMB SS : Eli Greenblat: Global Swedish department store H&M has closed its 49 stores in Australia, affecting the jobs of more than 1300
- HEIA NA : Heineken to Suspend Production in Seven Mexico Plants: Reuters
- HSBA LN : Dividend Suspension Puts HSBC at Risk of Losing Core Investors
- ILD FP : France’s Arcep Examines 2-Yr Orange-Free Roaming Deal Extension
- JPT PL : J. Martins Cancels April 16 Shareholder Meeting Due to Pandemic
- LGEN LN : L&G Confirms Intention to Pay Div.; Solvency Position ‘Robust’
- LHA GY : Lufthansa Under Mounting Pressure to Accept Government Stake
- LHA GY : Lufthansa, TUI Units Seeking Belgian Aid, De Standaard Reports
- ML FP : Michelin Executives to Take 25% Pay Cut in April, May on Virus
- MOVE SW : Medacta Withholds FY Financial Guidance; Won’t Pay 2019 Dividend
- NMC LN : NMC Crisis Widens as Banks Count Debt, ADCB Urges Administration
- NN NA : NN Group Postpones Dividend Pay; Suspends Share Buyback
- MUV2 GY : Munich Re Maintains Dividend Proposal Despite EIOPA Call
- NOS PL : Lisbon court has seized shares in telecommunications firm NOS, of holding company it co-owned with former first daughter and Angolan businesswoman Isabel dos Santos - press
- NOVOB DC : EC Grants Novo Nordisk Marketing Authorization for Rybelsus
- ORA FP : France’s Arcep Examines 2-Yr Orange-Free Roaming Deal Extension
- UG FP : Fiat Postpones $1.2 Billion Dividend Agreed to in Peugeot Deal
- PIRC IM : Pirelli Full Year Revenue Forecast Misses Lowest Estimate
- PRY IM : Prysmian Leadership Team to Invest 50% of Net Incentive in Stock
- REC NO : REC Silicon Output Rebuild Delayed by Covid-19: Company Outlook
- REC BB : Recticel Sells Automotive Interiors Unit, Eurofoam JV Stake
- UN01 GY : Uniper Board Chairman Quits in Wake of Fortum Takeover
- XBIT US : *XBIOTECH RISES 25% POST-MARKET ON PLASMA COVID-19 PLAN