Asian stocks rallied after a second session of gains in the U.S. signaled investor concerns about a potential trade war in wake of President Donald Trump’s proposed tariffs are waning. U.S. Treasury yields stayed higher. Japan’s Topix index closed up 1.3 percent after advancing as much as 2 percent, and benchmarks from Hong Kong to Seoul clawed back losses incurred since Trump’s protectionist broadside on Thursday. Ten-year Treasury yields hovered around 2.89 percent, though that offered scant support for the dollar, which was little changed.
Nikkei +1.79% HAng Seng +2.10% CSI +0.95% Shanghai +0.77% Shenzen +1.03%
Eur$ 1.2343 CNH 6.3430 CNY 6.3458 JPY 106.27 GBP 1.3834 CHF 0.9399 RUB 56.4747 WTI$ 62.67 +0.16%
S&P +0.21% EuroStoxx +0.39% FTSE +0.57% Dax +0.76% SMI +0.455
Macro :
- Kuroda Sees QE Exit Unthinkable Before Target: Macro Squawk Wrap
- JPMorgan Starts MSCI Futures Rollover Report to Track Indexes
- U.S. Tariffs Could Cut American Steel Imports in Half: WoodMac
- Deutsche Boerse: Covestro to Replace PROSIEBENSAT.1 in DAX
- Volcker Rule to Undergo ‘Material Changes,’ Fed’s Quarles Says
Keep an eye on :
- AENA SM : Aena in Talks to Acquire Stake in Luton Airprot: Expansion
- AGK LN : Aggreko Full Year Revenue Beats Highest Estimate
- AIR FP : GE Readies Durability Fix for 500 Engines on Upgraded 737, A320
- AIR FP : Airbus Is Said to Set Service Rev., Productivity Goals: Reuters
- ALV GY : Allianz Germany Anticipates Stable Growth Rate in 2018: BZ
- AMZN US : Amazon Expands Whole Foods Delivery to Atlanta, San Francisco
- BKIA SM : Cerberus to Manage Bankia Real Estate Assets: Expansion
- BYW6 GY : BayWa Full Year Revenue Meets Estimates
- BLT LN : BHP Sees China’s Price Premium For Iron Ore Being ’Long-Lived’
- BMW GY : BMW Cuts Europe CO2 Fleet Emissions as Electric-Car Share Rises
- BRE IM : Brembo May Finalize New Purchase in 24 Mos., Likely in China: MF
- BUCN SW : Bucher Full Year Dividend Per Share Beats Estimates
- 1COV GY : Deutsche Boerse: Covestro to Replace PROSIEBENSAT.1 in DAX
- DAI GY : Volvo Cars CEO Says Geely-Daimler Ties Won’t Change Strategy
- DB1 GY : Deutsche Boerse: Covestro to Replace PROSIEBENSAT.1 in DAX
- DOKA SW : Dormakaba Sees Full Year Sales About +3.5%
- EDF FP : France to Set Deadline for Curtailing Nuclear Output by End-June
- ERF FP : Eurofins Scientific Full Year Revenue Meets Estimates
- EVK GY : Evonik to Exit Methacrylates Unit With EU1.5 Billion in Sales
- FCA IM : Fiat Chrysler Is Said Mulling Magneti Marelli Listing: Reuters
- FORN SW : Forbo Full Year Sales 1.6% Above Estimates
- GATE SW : Gategroup Plans to Raise CHF350m in Swiss IPO
- GLB ID : Glanbia Faces ‘Choppy Waters,’ Guidance Challenging: Jefferies
- IHG LN : Belmond Gains as Reuters Reports on IHG CEO Plans for M&A
- ITRK LN : Intertek Full Year Revenue Matches Estimates
- INSTAL SS : Herakles Sells Instalco Shares at SEK51.30/Share in Bookbuilding
- LISN SW : Lindt & Spruengli Full Year Ebit Meets Estimates
- LOGN SW : Logitech Sees 2019 Sales Growth in High Single-Digit
- MELI US : MercadoLivre Gets Injunction on Brazil Shipping Fee Hike
- NOVN VX : Novartis’ Xolair Recommended in New Chronic Urticaria Guideline
- OERL SW : Oerlikon Full Year Sales Beat Highest Estimate
- ONTEX BB : Ontex Full Year Adjusted EPS Misses Estimates
- ORA FP : Orange CEO Richard Says Management Structure Too Heavy: Figaro
- PNN LN : U.K. Water Offers Good Value, But MS Says Proceed With Caution
- PSM GY : Deutsche Boerse: Covestro to Replace PROSIEBENSAT.1 in DAX
- SIKA SW : Sika Successfully Places CHF 300 Million Bond
- SKG ID : Smurfit Kappa Rejects Approach From International Paper
- SWEDA SS : Swedbank Top Nordic Bank Pick at JPMorgan, DNB Cut to Neutral
- TIT IM : Elliott Is Said to Build Telecom Italia Stake to Take on Vivendi
- TSLA US : Tesla Shareholders Should Reject Musk Pay Plan: Glass Lewis
- HO FP : Thales FY Ebit Jumps 14%; Co. Targets Higher 2018 Earnings
- TIE1V FH : Tieto Says CFO Lasse Heinonen Is Leaving Co. by Aug. 1
- TWEKA NA : TKH Fourth Quarter Ebita EU38.6 Mln
- VOLVB SS : Volvo Cars CEO Says Geely-Daimler Ties Won’t Change Strategy
- VNA GY : Vonovia 2017 FFO 1 Climbs 21%, Confirms Forecast for 2018
- VOW3 GY : Volkswagen’s CEO Mueller Predicts a Diesel Demand Renaissance
- WKL NA : Wolters Kluwer Health to Buy Firecracker
- ZAL GY : Zalando to Install New Distribution Centre in Netherlands:L’Echo
- ZAG AV : Zumtobel Boosts Full Year Revenue Forecast