Stocks in Asia kicked off the week on a cautious note and European futures fell, while the yen inched higher with gold as investors digested the progress made on trade last week and U.S. employment data Friday. Oil rose as fighting in Libya raised the risk of supply outages.
A rally in Shanghai fizzled, with the market there underperforming, while equities also fell in Tokyo as the yen pushed higher. Shares rose in Sydney and saw modest gains in Hong Kong. S&P 500 Index futures slipped after the benchmark rounded out last week with gains that took it to a six-month high. European equity-index futures also fell, signaling stocks will start trading lower in London and Europe.
The dollar was steady and benchmark Treasury yields ticked below 2.5 percent. As President Donald Trump pressured the Federal Reserve to sustain growth, comments from both the U.S. and China suggested progress was being made in trade talks.
Nikkei -0.21% Hang Seng +0.36% CSI +0.00% Shanghai +0.00% Shenzen -0.48%
Eur$ +0.11% CNH 6.7220 CNY 6.7175 JPY 111.44 GBP 1.3056 CHF 0.9966 TRY 5.6305
S&P -0.14% EuroStoxx -0.24% FTSE -0.26% Dax -0.41% SMI -0.43%
Macro :
- May Seeks to Revive Flagging Brexit Talks With Corbyn
Keep an eye on :
- ADP FP : European Airport Valuations Will Come Under Pressure, RBC Says
- ALPH SW : Alpiq May Sell All of Its Foreign Assets, NZZ am Sonntag Says
- BOSN SW : Bossard First Quarter Sales CHF232.2 Mln
- BMW GY : BMW EU Fine Charge, Ceva Goals: European Industrials Pre-Market -->-2.7%
- BNP FP : BNP Paribas Re-Rating Likely on Improving Capital, CIB: Citi
- DEB LN : Sports Direct CEO Ashley Plans GBP60m Bid for Debenhams: Times
- DBK GY : ECB Wants Big Synergies in Deutsche Bank/Commerzbank Tie-Up: HB
- DIE BB : D’Ieteren Says Alex Miller to Leave CEO Position
- FB US : U.K. to Fine Facebook, Tech Companies for Terrorist Content
- FCA IM : Fiat Chrysler Teams With Tesla to Meet EU Emissions Targets
- GWI LN : Globalworth to Raise EU500m Via Placing, Agreement
- HEN3 GY : Henkel Sees Double-Digit Growth in Electric Mobility: FAZ
- LYFT US : Lyft Accuses Morgan Stanley of Supporting Short-Selling: CNBC
- MONY LN : Moneysupermarket Overvalued, Berenberg Gives Stock Only Sell
- PEHN SW : Advent International, Goldman Sachs Working on Nielsen Bid: CNBC
- SAN FP : Sanofi, Alnylam Rare Disease Pact: European Health Pre-Market
- SAP GY : SAP Names Jennifer Morgan Cloud Business Pres. as Enslin Leaves
- SCHA NO : Adevinta IPO Indicative Price Range Narrowed to NOK75-80 a Share
- SW FP : Sodexo Acquires U.K.-Based Live-In Care Business
- TGS NO : TGS First Quarter Net Revenue Misses Lowest Estimate