Asian stocks were mixed and U.S. futures pushed higher Thursday as investors digested a surprise rise in China’s exports amid mixed global economic data. Treasuries pared an overnight decline.
S&P 500 futures extended gains and the offshore yuan rose after Chinese exports beat expectations in April. Japanese shares stayed lower as traders in Tokyo returned from holidays. South Korean shares fluctuated and Hong Kong stocks slipped. European futures climbed. The dollar held gains, while the yen continued to trade near the highest since mid-March. Benchmark Treasury yields ticked lower.
US After Hours FSLY +26.8%, TWLO +24.3%, LYFT +16.7%, NUS +16.2% are the earnings winners; SAVE -12.1%, SEDG -11.7%, AYX -10.8%, GRUB -5%, SQ -4.8% are lower on earnings
Nikkei +0.06% Hang Seng -0.74% CSI -0.37% Shanghai -0.33% Shenzen -0.14%
Eur$ 1.0792 CNH 7.1182 CNY 7.0980 JPY 106.31 GBP 1.2328 CHF 0.9755 RUB 74.4313 TRY 7.2177 WTI$ 24.12 +0.54%
S&P +0.67% NAsdaq +0.65% EuroStoxx 0.14% FTSE +0.10% Dax -0.01% SMI +0.21
Macro :
- U.S. Investor Bull-Bear Spread -29: AAII
- Rally in Peril Due to Corporate Earnings, Janus Henderson Says
Keep an eye on :
- ABBN SW : ABB Wins Orders Worth Over $180 Million From Stadler
- ABI BB : AB InBev First Quarter Adjusted Ebitda -13.7%, Est. -14.7%
- ABI BB : Virus May See AB InBev Destroy $8 Million of Beer: Bus. Insider
- AD NA : Ahold Delhaize Maintains FY Free Cash Flow Above EU1.5 Bln
- ADP FP : Paris Orly Airport to Remain Closed Until Fall: ADP CEO
- AF FP : Air France-KLM Warns Rebound Will Takes Years After Losses Mount
- AZA IM : Alitalia Agrees With Unions on 6,622 Layoffs To End of October
- MT NA : ArcelorMittal Pulls Forecast For Steel Demand; Suspends Div. (1)
- B2H NO : B2Holding First Quarter Operating Profit NOK255 Mln, -27% Y/y
- BAMNB NA : BAM First Quarter Adjusted Pretax Profit EU1.3 Mln, -92% Y/y
- BPE IM : BPER Banca First Quarter Revenue EU596.6 Mln, Est. EU582.6 Mln
- BNR GY : Brenntag First Quarter Oper Ebitda EU263.0 Mln
- DEZ GY : Deutz First Quarter Adj Ebit Loss EU11.8 Mln
- DNO DC : DNO Cuts Spending 35% to Protect Cash Amid Covid-19, Oil Slump
- DSM NA : DSM 1Q Adjusted Ebitda EU423 Mln, -0.2% Y/y, Est. EU413.3 Mln
- EVD GY : CTS Eventim to Suspend Dividend for 2019
- EDPR PL : EDPR Gets Power Purchase Agreement for U.S. Solar Project
- ZIL2 GY : ElringKlinger First Quarter Ebit EU16.0 Mln
- EMGS NO : EMGS Warns ‘No Guarantees’ It Can Preserve Sufficient Liquidity
- ENEL IM Enel 1Q Adj. Ebitda EU4.74b, Est. EU4.54b; Confirms Targets
- EQNR NO : Equinor Profit Plunges 63% Amid Historic Oil Market Crisis
- EVK GY : Evonik Cuts 2020 Sales, Adj. Ebitda Forecast
- FGR FP : Eiffage Wins Paris Hospital Contract Worth EU141m
- EQNR NO : Equinor Has $20b Tax Loss Carryover in the U.S., DN Reports
- EUCAR FP : Hertz and Avis Cancel Orders in Setback for Battered Automakers
- GBLB BB : GBL First Quarter Cash Profit EU161 Mln, +61% Y/y
- GSF NO : Grieg Seafood 1Q Ebit NOK240 Mln, -10% Y/y, Est. NOK263.4 Mln
- HEI GY : HeidelbergCement Cuts FY Div Proposal, 2020 Outlook Uncertain
- IBE SM : *IBERDROLA TO BUY AALTO POWER FOR EU100M: EXPANSION
- KOJAMO FH : Kojamo Maintains Full Year Revenue +2% to +6%
- LATOB SS : Investment Latour Cuts Proposed Dividend to SEK1.25 From SEK2.75
- SKB GY : Koenig & Bauer 1Q Ebit Loss EU34.9 Mln Vs. Loss EU2.80 Mln Y/y
- LR FP : Legrand 1Q Adjusted Operating Profit EU282.6 Mln, -7.4% Y/y
- LDO IM : Leonardo Signed New Credit Lines for EU2b
- LHA GY : Lufthansa Bailout Slowed by Coalition Haggling Over 25% Stake
- MCHN SW : MCH Group Cancels Baselworld 2021 After Watchmakers Depart
- B4B GY : Metro Profit Halves on Restructuring While Russian Sales Improve
- MOR GY : MorphoSys Forecasts Ebit Loss
- MUV2 GY : Munich Re 1Q Profit EU221M, -65% Y/Y
- KN FP : Natixis Joins French Equities Wipeout With $140 Million Hit
- NEL NO : NEL First Quarter Revenue NOK126.5 Mln, +3.3% Y/y
- NWO GY : New Work SE First Quarter Revenue EU68.9 Mln, +10% Y/y
- NEX FP : Nexans First Quarter Revenue EU1.57 Bln, -1.1% Y/y
- NXI FP : Nexity First Quarter Revenue EU787 Mln
- NOS PL : NOS First Quarter Revenue EU345.4 Mln, -3% Y/y
- NOVN SW : Novartis’s Capmatinib Gets Accelerated Approval by FDA
- OSR GY : Osram 2Q Profit Rises on Structural Measures and Cash Management
- PARG SW : Pargesa First Quarter Net Income CHF6 Mln, -93% Y/y
- PMO LN : Premier Oil Underwriting Agreement for U.K. Acquisitions Lapses
- PSM GY : ProSieben Can’t Provide Reliable Outlook With Virus Uncertainty
- RHK GY : Rhoen Klinikum Maintains FY Ebitda EU72.5 Mln to EU82.5 Mln
- ROG SW :Roche CEO Says Low Valuations Could Make M&A Easier, NZZ Reports
- ROG SW : *ROCHE CEO EXPECTS NOVARTIS TO MAINTAIN ROCHE SHAREHOLDING: NZZ
- RR/ LN : U.K. Is Ready to Offer More Support to Rolls Royce: Jenrick
- RRTL GY : Moody’s Downgrades Bertelsmann Long-Term Issuer Rating to Baa2
- RUI FP : Rubis First Quarter Revenue EU1.39 Bln
- SESG FP : SES First Quarter Ebitda EU284.7 Mln, -1.9% Y/y
- SIX2 GY : Sixt SE Agrees on Credit Line of as Much as EU1.5b
- AM3D GY : SLM Solutions 1Q Revenue EU17.8 Mln Vs. EU7.34 Mln Y/y
- SRG IM : Snam’s Chairman Dal Fabbro Decided to Resign From Post
- TKA GY : ThyssenKrupp Steel Seeks Discounts From Suppliers: Handelsblatt
- TEF SM : Telefonica Withdraws 2020 Guidance, Maintains Dividend
- TRI FP : Trigano 1H Current Op. Profit -11%; Sees 2H ‘Strongly Impacted’
- TUI LN : TUI Faces Liquidity Shortfall, Move Underweight: Morgan Stanley
- VATN SW : Valiant Says It’s Well Positioned to Overcome Current Challenges
- VLA FP : Valneva Now Sees 2020 Negative Ebitda of EU10M to EU30M
- VASTN NA : Vastned Cuts Final Dividend; Omits 2020 Interim Payout
- VEI NO : Veidekke First Quarter Revenue NOK8.44 Bln, Est. NOK8.28 Bln
- DG FP : London Gatwick under a cloud as carriers threaten to quit airport FT : https://on.ft.com/2SJEceb
- VOW GY : VW ID4 Electric Crossover Is Already in Production: Electrek
- WAC GY : Wacker Neuson First Quarter Ebit EU28.9 Mln
- WDI GY : Top investor calls for dismissal of Wirecard chief Markus Braun - FT : https://on.ft.com/2WxgRNX
- ZAL GY : Zalando Sees Full Year Revenue +10% to +20%