U.S. and European stock futures were largely flat early Thursday after a mixed session in Asia. The yen edged up following reports that the signing of a partial U.S.-China trade deal may be delayed until next month.
Equities in Japan closed with marginal gains, while shares in Hong Kong slipped. China and Korea were little changed. Australian stocks climbed as earnings buoyed sentiment. The S&P 500 Index closed little changed Wednesday. The latest news suggested the signing of a preliminary trade agreement may not happen this month as the two sides wrangle over a location. Oil was around $56 a barrel in New York.
China and the U.S. have agreed to proportionally roll back tariffs on each other’s goods in phases, a Ministry of Commerce spokesman said.
The amount of tariff relief that would come in the first phase, set to be signed in the coming weeks, would depend on the content of that agreement, spokesman Gao Feng said Thursday without giving further details.
US After Hours FOSL -27%, TPIC -21%, PBYI -18%, DXCM +19%, VNDA +22% following earnings/guidance
Nikkei +0.11% HAng Seng -0.26% CSI +0.18% Shanghai +0.00% Shenzen +0.64%
Eur$ 1.1071 CNH 6.9869 CNY 69.9877 JPY 109.12 GBP 1.2846 RUB 63.6730 CHF 0.9933 TRY 5.7423 WTI$ 56.56 +0.37%
S&P +0.51% EuroStoxx +0.65% FTSE +0.52% Dax +0.71% SMI +0.38%
Macro :
- U.S. Investor Bull-Bear Spread 16.4: AAII
Keep an eye on :
- ARGX BB : Argenx Offering Prices 1.4m ADR at $121/ADR
- ASCN SW : Ascom Names Pilloud Permanent CEO, Chapero Rueda Board Chairman
- ALKB DC : ALK-Abello Raises FY Ebitda Forecast; Midpoint Meets Estimates
- AMS SM : Amadeus Third Quarter Adjusted Net Beats Highest Estimate
- AML LN : Aston Martin Sees Total Wholesales Lower Than Previous View (1)
- MT NA : ArcelorMittal Trims Steel Demand View as Europe Crisis Deepens
- BAMNB NA : BAM Nine Month Adjusted Pretax Profit EU20.5 Mln, -78% Y/y
- BFIT NA : Basic-Fit Sees Rev. Growth at Least 20% A Year in Next 3 Years
- BAVA DC : Bavarian Nordic Third Quarter Revenue Misses Lowest Estimate
- BYW6 GY : BayWa Nine Month Ebit EU77.3 Mln
- CNHI IM : CNH Industrial to Buy Back up to $700 Million Own Stock
- CBK GY : Commerzbank Cuts 2019 Net Income Guidance (1)
- COOR SS : Coor Third Quarter Adjusted Ebita SEK127 Mln
- DTE GY : Deutsche Telekom Lifts Guidance, Lowers Dividend in Mixed Report
- EUCAR FP : Europcar Buys Fox Rent A Car, Sees Deal Neutral to EPS in 2020
- FDJ FP IPO : France’s FDJ Sets IPO Price Range at EU16.50-EU19.90/Share
- FIE GY : Fielmann Nine Month Sales Rises 7.4%, Confirms FY Outlook
- G IM : Generali Nine-Month Profit Boosted by Disposals, Asset Growth
- GFT GY : GFT 9M Rev. Up 2%; Confirms FY Guidance (1)
- GN DC : GN Third Quarter Revenue 1.7% Above Estimates
- HAB GY : Hamborner REIT 9-Mo Rental Income +1.9% Y/y, Keeps Views (1)
- HEI GY : HeidelbergCement 3Q Profit Rises to EU1.18b, Beating Estimates
- JUN3 GY : Jungheinrich Third Quarter Ebit Beats Highest Estimate (1)
- KOA NA : Kongsberg Automotive Third Quarter Adjusted Ebit EU13.9 Mln
- SKB GY : Koenig & Bauer Profit Tumbles, Targets Much More Challenging
- LR FP : Legrand 9-Month Adj. Profit Up 10% to EU999M, Confirms FY Goals
- LHA GY : Lufthansa Profit Declines as Waning Fares Eclipse Cost Cuts
- MB IM : UniCredit Sells Entire Stake in Mediobanca for EU785 million
- MB IM : Del Vecchio Said to Boost Mediobanca Stake to Almost 10%
- MUV2 GY : Munich Re Confirms Raised FY Profit Target of More Than EU2.5b
- SREN SW : Munich Re on Track to Beat Profit Goal Despite Costly Storms
- NEX FP : Nexans 3Q Sales EU1.17B, Confirms FY EBITDA Target EU360M-EU390M
- NWO GY : New Work SE 9M Ebitda EU63.9m, Up 20% y/y
- NOKIA FH : Dish Picks Nokia, Sprint Veterans for Wireless Venture, DJ Says
- OMASP FH : Oma Savings Bank Sees ‘19 Pretax Up Significantly on Prior Year
- ORSTED DC : Orsted’s Recent Warning a Buying Opportunity; RBC Upgrades Stock
- OSR GY : AMS’s Offer for Osram Open for Acceptance From Nov. 7 to Dec. 5
- PSM GY : ProSieben 3Q Adj. Ebitda Falls 25%, Confirms 2019 Outlook
- RECIB SS : Recipharm Third Quarter Net Sales Beat Highest Estimate
- RHM GY : Rheinmetall Cuts FY Forecast on Weaker Automotive Business (1)
- ROVI SM : Rovi Sees Mid-Single-Digit Growth Rate for 2020 Op. Revenue
- SFQ GY : SAF Holland Third Quarter Adjusted Ebit Beats Highest Estimate
- RR/ LN : Rolls-Royce Now Sees FY Op. Profit, FCF at Lower End of Ranges
- G24 GY : Scout24 Sees FY Op. Ebitda Margin at Least Low End of Range (1)
- GSF NO : Grieg Seafood Third Quarter Ebit Misses Estimates
- SPM IM : Equatorial Guinea Approves Alen Unit Contract Granted to Saipem
- SKAB SS : Skanska 3Q Revenue, Operating Profit Beat Highest Estimate
- S92 GY : SMA Confirms Sales, Earnings Guidance for FY 2019
- SIE GY : Siemens Expects 2020 Decline in Some Businesses Amid Car Slump
- SW FP : Sodexo FY Underlying Operating Profit Rises 6.4% to EU1.2 Bln
- SOLB BB : Solvay Cuts FY Organic Adj. Ebitda View to Minus 2%-Minus 3% (1)
- SSE LN : SSE’s Easing Risks Now in Price, Berenberg Downgrades to Hold
- UCG IM : UniCredit 3Q Net Beats Estimates, 2019 Outlook Confirmed
- UHR SW : Watch Swatch After U.S. Peer Fossil Cuts Gross Margin Forecast --> FOSL -27% in After Hours
- SWEDA SS : Swedbank Slumps in Reputation Ranking of Swedish Banks, DI Says
- TRN IM : Terna CEO Sees New Investments to Safeguard Network: Messaggero
- VATN SW : Valiant 9M Profit CHF86.5m; Sees FY Profit Above Prior Year
- VIE FP : Veolia CEO Says Heading for Upper End of FY Earnings Guidance
- VIE FP : Veolia Waste Business Now Less Correlated to Industrial Output
- MF FP : Wendel Nine Month Organic Revenue +0.9%
- WDP BB : WDP Offering Prices 1.25m Shares at EU160/Share
- WIE AV : Wienerberger 3Q Profit Gains; Company Confident on Forecast
- WG/ LN : Wood Keeps Expectations Unchanged
- ZURN SW : Zurich Insurance 9M P&C Gross Written Premiums $26.4b (1)