Stocks in Asia drifted in a lackluster session as investors await fresh news on Sino-American trade discussions. The yuan traded stronger than 7 per dollar for a second day.
Stocks ended flat in Tokyo, and fell in Shanghai and Sydney. They were little changed in Seoul and Hong Kong. U.S. futures were flat after the S&P 500 Index closed marginally lower as growth in U.S. service industries pushed market pricing for another rate cut from the Federal Reserve further out. European futures were also steady. Ten-year Treasury yields retreated following gains earlier this week. Bond yields in Australia climbed to the highest since late July, and Japanese rates also climbed.
After Hours Summary: PLT -27%, SUPN -24%, MTCH -16%, WW -12%, ATUS -9%, FIVN +9%, DVA +6%, AVLR / DVN +5% following earnings/guidance
Nikkei +0.22% Hang Seng -0.12% CSI -0.45% Shanghai -0.43% Shenzen -0.87%
Eur$ 1.1074 CNH 7.0037 CNY 7.0017 JPY 108.99 GBP 1.2877 RUB 63.54 CHF 0.9931 TRY 5.7615 WTI$ 56.97 -0.45%
S&P -0.04% EuroStoxx +0.00% Dax -0.04% SMI -0.06%
Macro :
- China Insists Trump Give Up His Favorite Trade Weapon -- Tariffs
- Paul Tudor Jones Sees ‘Most Conducive’ Growth Environment
- SoftBank Reveals $6.5 Billion Loss From Uber, WeWork Turmoil
*- Xerox Considers Cash-Stock Takeover Offer for HP, DJ Reports (1)
Keep an eye on :
- ADS GY : Adidas Earnings Beat Estimates on North America Sales Momentum
- AF FP : Air France-KLM CEO Sees Robust Air Travel Demand in 10 Years
- AGFB BB : Agfa-Gevaert Third Quarter Adjusted Ebit Matches Estimates
- AGS BB : Ageas Third Quarter Net Income 1.6% Above Estimates (1)
- AH NA : Ahold Delhaize 3Q Adj. Op. Profit Beats, Outlook Confirmed (1)
- ALO FP : Alstom 1H Adj. Ebit Rises 5%, Confirms Outlook
- APAM NA : Aperam Third Quarter Ebitda Beats Highest Estimate
- ATC NA : Altice USA Cuts Full Year Revenue Forecast
- AML LN : Aston Martin’s New $120,000 Motorcycle Isn’t Even Street-Legal
- AML LN : Aston Picks Beijing for SUV Launch With China Key to Future
- SPR GY : Axel Springer Keeps Forecast Amid ‘Difficult’ Environment
- AZN LN : Sun Pharma, AstraZeneca in China Novel Oncology Products Pact
- B2H NO : B2Holding Third Quarter Operating Profit Beats Highest Estimate
- BARN SW : Barry Callebaut FY Sales Miss; States New Mid-Term Guidance (2)
- BALTA BB : Balta Group Nine Month Adjusted Ebitda EU54.6 Mln, -2.3% Y/y
- BMW GY : BMW 3Q Ebit Beats Highest Estimate; Guidance Confirmed
- BNR GY : Brenntag Narrows FY Op. Ebitda Growth to Low End Range
- BRAV SS : Bravida Third Quarter Net Sales Miss Lowest Estimate
- BREE LN : Breedon Holders M1 Cement Holding to Offer Up to 139.7m Shrs
- BWO NO : BW Offshore Convertible Bond Initial Conversion Price $10.24
- ALCAR FP : Carmat: 73% First Patients Achieved Primary Endpoint in Pivotal
- CGG FP : CGG Raises FY Segment Operating Income Forecast to Above $200m
- COL SM : Colonial Nine Month Recurring Ebitda EU210 Mln, +4% Y/y
- DIA SM : DIA Nine Month Net Loss EU504.3 Mln Versus EU45.8 Mln Y/y
- DLG GY : Dialog Semi Beats Estimates in Life After Apple Dependence
- EDP PL : EDP Holder CNIC to Offer 48.8m Shares via Societe Generale --> EDP Shares Priced at EU3.60/Share in Offering by Orise
- ZIL2 GY: ElringKlinger Reaffirms Outlook; Sees Higher Organic Rev. Growth
- EQNR NO : Equinor Makes Oil, Gas Discovery Near Fram Field in North Sea
- EQT SS : Temasek-EQT JV to Start India Green Energy Platform, ET Says
- EVT GY : Evotec, Vifor Pharma in 50:50 JV for Nephrology Therapeutics
- FRA GY : Fraport Third Quarter Ebitda Meets Estimates
- HDD GY : Heidelberger Druck Downsizes Board, CTO Plenz to Leave in June
- HNR1 GY : Hannover Re Raises 2019 Net Guidance, Sees 2020 of About EU1.2b
- IDR SM : Indra Nine Month Net Income EU65 Mln, +18% Y/y
- INTU LN : Intu Says Equity Raise ‘Likely’ In Bid to Help Fix Balance Sheet
- ISS DC : ISS Cuts Outlook as CEO Says Goals He Set Were Too ‘Ambitious’
- ISS DC : ISS Cuts Outlook for Operating Margin, Free Cash Flow
- INW IM : Inwit Nine Month Ebitda EU167.7 Mln, +3.3% Y/y
- KOJAMO FH : Kojamo 3Q Revenue Beats Estimates, Specifies Outlook
- MMB FP : Lagardère Contests CAF Decision to Cancel Its Agency Agreement
- LSE LN : To Lure More IPOs, London May Even Change Its Rules: ECM Watch
- MC FP : Deal With Tiffany Would Put Pressure on LVMH Competitors: HSBC
- MCOVB SS : Medicover Third Quarter Revenue Beats Highest Estimate
- MONT BB : Montea Nine Month Adjusted EPS EU2.45 Vs. EU2.08 Y/y
- MGNS LN : Morgan Sindall Sees Earnings Slightly Above Previous Views
- MTC LN : Mothercare U.K. Arm’s Collapse Threatens Loss of 2,500 Jobs
- MTRS SS : Nordic Capital to Offer About 20% of Munters Group Shares
- NN NA : NN Group CRO Jan-Hendrik Erasmus to Step Down, to Join Aviva
- NOEJ GY : Norma 3Q Adj. Ebita -9.6% to EU38.7m; Confirms Lower Rev. View
- ODF NO : Odfjell Third Quarter Revenue $214.2 Mln
- ONTEX BB : Ontex 3Q Adjusted Ebitda, Revenue Meet Estimates
- ORP FP : Orpea Raises FY Revenue Goal to EU3.74B; 3Q Rev. Up 9.1%
- PST IM : Poste Italiane Third Quarter Net Income Beats Highest Estimate
- PUB FP : WPP Wins AXA Global Media Account
- RBS LN : Ex-RBS Official Says Restructuring Unit Faced Treasury Pressure
- RAYB SS : Raysearch Laboratories Sees 3Q Hurt on License Sales, Costs
- RRTL GY : RTL 9M Revenue Up 2.8% to EU4.6 Bln, Cofirms 2019 Forecast
- RST LN : Restore Says Performance is in Line With Expectations
- RDSA NL : Shell to Buy Offshore Wind Company Eolfi in Clean Power Bet (1)
- CFR SW : Deal With Tiffany Would Put Pressure on LVMH Competitors: HSBC
- GLE FP : SocGen’s Cabannes Says Uncertainty Hit Equities Product Demand
- SOPH LN : Sophos 1H Revenue Rises to $365.8M From $349.5M in 2018 (1)
- SLHN SW : Swiss Life Nine Month Net Fee And Commission Income CHF1.32 Bln
- TLG GY : TLG 9M FFO Up 6.9% to EU107.7m; Raises FY FFO View to Abt EU147m
- UCG IM : UniCredit Completes Transfer of EU4.1B NPLs for Securitization
- UCG IM : DoValue to Be Servicer on UniCredit’s Prisma NPL Securitization
- VOE AV : Voestalpine Lowers Full-Year Outlook, Reviews All Business Units
- VONN SW : Vontobel 9-Mo Client Assets CHF217.1b; Remained on Track in 3Q
- WALWIL NO : Wallenius Wilhelmsen Third Quarter Ebitda Beats Estimates
- WDI GY : Wirecard Third Quarter Ebitda 1.1% Above Estimates
- WPCT LN : Woodford’s Income Focus Fund May Be Taken Over, Telegraph Says
- WPP LN : WPP Wins AXA Global Media Account