Asian stocks posted modest gains Friday following an afternoon rally in the U.S. that erased most of the day’s losses, as investors grappled with shifting indications on Sino-American trade talks and prospects for a pause in Federal Reserve tightening. The dollar steadied and the yen ticked lower.
Halfway into a volatile session, shares in Hong Kong and China eked out gains while Japan’s equity benchmarks rallied after a strong open earlier gave way to losses. Futures on the S&P 500 Index slipped marginally after the U.S. equity market recovered the bulk of the day’s declines on Thursday, though still ended lower. Ten-year Treasury yields stayed near 2.90 percent and the yuan rose, building on its recent strength. Next up for embattled traders: the monthly U.S. payrolls report Friday.
US After Hours AOBC +15.1%, DOMO +11.8% move higher while UNFI -8.8%, ZUMZ -6% fall after earnings
Nikkei +0.82% Hang Seng -0.04% CSI -0.10% Shanghai -0.06% Shenzen -0.08%
Eur$ 1.1368 CNH 6.8777 CNY 6.8756 JPY 112.87 GBP 1.2765 CHF 0.9929 TRY 5.3370 RUB 66.8882 WTI$ 51.04 -0.85%
S&P -0.20% EuroStoxx +1.60% FTSE +1.57% DAX +1.52% SMI +1.09%
Makor :
- Fed Could Slow Hikes On Restrained Inflation, Falling Oil: WSJ
- Record $3.7b Fund Outflows for IG Corporates, Jefferies Says
- Precious Metal Funds See Biggest Outflow in 13 Weeks: BofAML
Keep an eye on :
- ADS GY : Lululemon Falls as Sales Growth Shows Signs of Cooling Down
- AF FP : Air France-KLM to Keep Joon Brand But It Will Evolve: Echos
- AF FP : Dutch Cabinet Plans Flight Tax of About EU7/Ticket: RTL Nieuws
- AAPL US : *APPLE IS IN TALKS TO BUY, ADAPT VIOLENT ISRAELI TV SHOW: CNBC
- AZN LN : AstraZeneca, Abbott in Diabetes Drug Distribution Pact for India
- BEFB BB : Befimmo to Take 61% Stake in Silversquare for EU7.1m
- DAI GY : Daimler Falls as JV With BMW Delayed, Morgan Stanley Cuts PT
- DANSKE DC : Danske Bank Confirms Talks to Sell Sweden Pension Activities
- EDF FP : France Considering Nationalization of EDF’s Nuclear Division
- FME GY : Fresenius Medical Sees 2019 Rev., Net Growth About 2018 Levels
- FRE GY : Fresenius Doesn’t See Meeting 2020 Group Targets
- GNS LN : Genus to Offer GBP68m Shares via Peel Hunt LLP, Liberum Capital
- GBLB BB : Frere’s Groupe Bruxelles Lambert Stake Transferred to Children
- HSBA LN : U.S. Probing Huawei on HSBC Use in Alleged Iran Deals: Reuters
- INGA NA : DNB Won’t Re-Assess ING Mgmt After Money-Laundering Fine: FD
- KBX GY : Knorr-Bremse Buys Vehicle Steering Systems Ops of Hitachi
- LAND LN : LandSec Said to Look Beyond Brexit With Plan to Buy London Site
- AFX GY : Carl Zeiss Meditec Full Year Ebit Beats Highest Estimate
- NTGY SM : Naturgy to Implement Shr Buy-Back Program for as Much as EU400m
- PROTCT NO : Protector Forsikring Sees FY 2018 Combined Ratio About 107%
- REC IM : Recordati Nominates Mazza Chairman, One of Three New Directors
- RNO FP : Renault Is Said to Be Nearing First Conclusions in Ghosn Probe
- RNO FP : Tokyo Prosecutors Seen Indicting Ghosn as Soon as Monday: Nikkei
- ROG SW : FDA OKs Genentech’s Tecentriq in Combination With Avastin
- SAB SM : Sabadell to Merge or Sell TSB When Profitable: Expansion
- SHP LN : Takeda CEO Aims to Fix Balance Sheet Within Five Years: Nikkei
- TEF SM : U.K.’s O2 4G Network Restored; to Probe Outage with Ericcson
- TLG GY : Ouram Says Proposed Purchase of DIC Stake in TLG Only An Option
- TLW LN : Tullow Oil Seeks Partners for New Ghana Bidding Round
- VOLVB SS : Volvo’s U.S. Truck Outlook May Have Been Too Cautious, CEO Says
- VOW3 GY : Volkswagen Sees Brazilian Market Growing Near 10% in 2019