Stocks in Asia saw another muted session Wednesday, with trading becalmed by Lunar New Year holidays. The greenback climbed and Australia’s dollar tumbled after the central bank chief signaled a shift to a neutral stance on policy after long flagging prospective tightening at some point.
The Australian moves were a rare bit of action in the region, with bond yields also sinking. Futures indicated little excitement at the start of European and U.S. trading sessions as investors found little to spur new trades from U.S. President Donald Trump’s State of the Union address. Japanese shares ended virtually flat, while those in Sydney eked out a modest increase after the S&P 500 Index posted a fifth day of gains on Tuesday. Oil held losses below $54 a barrel. Treasury yields slipped and the yen edged higher.
US After Hours SNAP +20.5%, ZEN / PLT +10%, SWKS / MCHP +5% are higher, while ARLO -21%, TCS / EA -18%, MTSI -11% are lower following earnings/guidance
Nikkei +0.14% HAng Seng CSI Shanghai Shenzen Closed
Eur$ 1.1386 CNH 6.7701 CNY 6.7422 JPY 109.69 GBP 1.2932 RUB 65.6624 CHF 1.0008 TRY 5.2241 WTI $ 53.47 -0.35%
S&P -0.16% EuroStoxx -0.28% Dax -0.28% SMI -0.25%
Macro :
- May Faces Collision With Pro-Brexit Tories Over Irish Border
- French Telco Carriers Not That Dependent On Huawei: Regulator
Keep an eye on :
- ADP FP : French Senate Votes Against ADP, Lottery Privatization Law: AFP
- ALO FP : France Hits Out at EU’s Expected Veto of Siemens-Alstom Deal
- APAM NA : Aperam Announces Buyback Up to EU100m, Hikes Annual Dividend (1)
- ATL IM : Atlantia Eyes Charles de Gaulle Privatization Opportunity: Sole
- BAYN GY :Baxalta Owes Bayer $155M for Infringing Hemophilia Drug Patent
- BNP FP : BNP 4Q Trading Revenue Slumps 40%; Bank Seeks Further Cost Cuts, *BNP PARIBAS LOWERS 2020 FORECASTS FOR REVENUE, PROFITABILITY
- CARLB DC : Carlsberg Guidance Firm, Buyback Higher Than Expected: Jefferies
- CON SW : Conzzeta Full Year Net Revenue Matches Estimates
- CSGN SW : Credit Suisse Expects 2018 Effective Tax Rate at ~40%
- DSY FP : Dassault Systemes 2018 Non-IFRS EPS EU3.12, Est. EU3.02
- DTE GY : T-Mobile, Sprint Choose N.Y. for Second New Customer Care Center
- DIA SM : DIA Board Seeks Alternative to LetterOne’s Offer: Confidencial
- DHER GY : Delivery Hero Full Year Revenues Beat Estimates
- ECM LN : Electrocomponents Rev. Up 6%; Maintains Stable Gross Margin View
- ENX FP : Fed’s Kaplan Urges No Further Rate Action Until Outlook Clearer
- GLO FP : GL Events Buys Majority Stake in Johannesburg Expo Centre
- GS US : Goldman Is Said to Weigh Shrinking Fixed-Income Trading Unit
- INGA NA : ING Fourth Quarter Underlying Pretax Profit Beats Estimates
- INWI SS : Inwido Fourth Quarter EPS Misses Lowest Estimate
- IRV LN : Interserve Reaches In-Principle Agreement Over Deleveraging Plan
- KESKOB FH : Kesko Full Year Dividend Per Share Misses Estimates
- KORI FP : Korian Sees Faster 2019 Rev. Growth, 2018 Ebitda Margin of 14.3%
- KORI FP : Korian FY18 Margin Beat is Positive Catalyst: Credit Suisse
- MC FP : LVMH Best May Have Passed At This Time, Cut to Hold: Jefferies
- MELE BB : Melexis First Quarter Revenue Forecast Misses Lowest Estimate
- METSO FH : Metso Full Year Dividend Per Share Beats Highest Estimate
- MUV2 GY : Munich Re Raises Dividend to EU9.25; Posts FY Net of EU2.31B
- NEM GY : Nemetschek Full Year Revenue Rises 17%
- NESTE FH : Neste Full Year Dividend Per Share Beats Estimates
- NOBI SS : Nobia Fourth Quarter Net Sales Meet Estimates
- NOKIA FH : Vodafone Removes Huawei From Germany Core Network: Handelsblatt
- NAS NO : Norwegian Air Shuttle January Traffic Rose 13%
- RBI AV : Raiffeisen Retools Risk as Poland Sale Drags Down 4Q Earnings
- RDW LN : Redrow Interim Dividend Per Share 10p
- RPC LN : Apollo Enters MoU With Pension Trustees on RPC Containers Deal
- RWE GY : German Utilities Face Tougher Times, EON, RWE Cut at Jefferies
- SAL IM : Salini Impregilo Wins Czech Highway Order for EU225m
- SVT LN : Severn Trent Sees FY Trading In-Line With Expectations
- SLR SM : Solaria Signs Financing Accord With Natixis for EU125M
- TOBII SS : Tobii Fourth Quarter Operating Loss SEK35 Mln
- TOM2 NA : TomTom Fourth Quarter Revenue 4.3% Above Estimates
- TLGO SM : Deutsche Bahn Signs Accord With Talgo For Up to 100 Trains
- 02D GY : Telefonica/O2 Files Objection To Germany 5G Auction: FAZ
- TIT IM : Telecom Italia, Open Fiber to Start Exploring Network Synergies
- FP FP : Total could announce USD 1.3bn North Sea asset disposal to Albion, First Alpha within days
- UNA NA : Unilever Paid About GBP150M to Buy Graze From Carlyle: FT
- UN01 GY : Uniper to Replace CEO, CFO As Fortum Takes Control
- DG FP : Vinci Full Year Net Income Misses Lowest Estimate
- VOD LN : Telefonica/O2 Files Objection To Germany 5G Auction: FAZ