Stocks in Asia were mixed Tuesday as investors waited to see whether the outcome of fresh talks on trade will be productive and ahead of a televised address from U.S. President Donald Trump. The dollar snapped three days of declines and Treasuries steadied.
Equities posted modest gains in Japan and Australia and slipped in South Korea and China. U.S. and European futures advanced. The Trump administration expressed optimism it can reach a “reasonable” trade deal with China as President Xi Jinping dispatched one of his top aides to negotiations in Beijing. Traders are also anticipating Trump’s TV address Tuesday for any clues to an end of the ongoing government shutdown.
US After Hours UNP +6% on COO appointment, VIVO -6.7% following prelim sales guidance
Nikkei +0.82% Hang Seng +0.11% CSI -0.24% Shanghai -0.27% Shenzen -0.11%
Eur$ 1.1444 CNH 6.8627 CNY 6.8590 JPY 108.85 GBP 1.2766 CHF 0.9811 RUB 67.0023 TRY 5.3988 WTI$ 48.49 -0.04%
S&P +0.31% EuroStoxx +0.33% FTSE +0.12% Dax +0.33% SMI +0.46%
Macro :
- Four Option Trades Leave Marks of $1 Billion Stock Liquidation
- Fed’s Bostic: Government Shutdown May Affect Data and Hinder Fed
- China Is Said to Be Back in Market Buying U.S. Soybean Cargoes
- Gilead, Pfizer Execs Suggest Even More Pharma M&A Is On the Way
Keep an eye on :
- AIR FP : India May Ask Carriers to Hold Back Planes With P&W Engines: ET
- AI FP : Air Liquide Sees Currency Impact on Group Sales Neutral in 4Q
- ALO FP : Siemens-Alstom Assets Are Said to Draw Bids Amid Push to Sway EU
- CS FP : AXA May Exit Mutual Fund Venture With Bank of India: ET
- CS FP : ESR, AXA IM, Sovereign Wealth Fund Buy $1B Logistics Portfolio
- BHP LN : China Stimulus to Offer New Boost to BHP and Rio, Macquarie Says
- BMPS IM : Monte Paschi Withdraws From Euribor Bank Panel
- BMW GY : BMW to Showcase Riderless Motorcycle in U.S. For First Time
- BC IM : Brunello Cucinelli Full Year Revenue EU553 Mln
- CRG IM : Italy May Consider Precautionary Recap Request for Carige: Ansa
- CRG IM : Italian Cabinet to Meet Monday to Discuss Carige: Reuters
- CC1 GY : Consus Real Estate Signs Forward Sale Pact for About EU100m
- DAI GY : Daimler Offers Self-Driving Big Rigs as Tesla Plots Truck Debut
- DAI GY : Daimler Expects ‘Some Moderation’ in U.S. Truck Demand in 2H
- DAI GY : Daimler Trucks to Invest EU500m in Highly Automated Trucks
- DBK GY : Deutsche Bank Hires Wells Fargo’s Agarwal for Buyout Deals
- DIA SM :
- RACE IM : Ferrari Names Binotto As New Head of Formula 1
- GSK LN : Glaxo CEO Sees ‘Tremendous’ Growth Opportunity With Tesaro Drug
- KID NO : Kid ASA Fourth Quarter Revenue Beats Highest Estimate
- NANO FP : Nanobiotix & MD Anderson Cancer in Clinical Pact on NBTXR3
- NISSAN (7201 JP) : Nissan Again Refuses Renault’s Request for EGM: Nikkei
- NAS NO : Norwegian CFO Says Nothing Suggests Covenants Breached in 4Q: DN
- NOKIA FH : Orange Won’t Work With Huawei in France, Richard Says
- NOVN SW : Novartis’s Crizanlizumab Gets Breakthrough-Therapy Designation
- ORA FP : Orange Won’t Make the First Move in French Consolidation: CEO
- RNO FP : French Minister Penicaud Says Ghosn Remains Renault Head
- RNO FP : Nissan CEO Says Will Discuss Possible Alliance Changes: Mainichi
- RDSA LN : Shell to Invest $1b-$2b/Yr to 2020 in New Energies: CEO (Jan. 7)
- SAB SM : Cerberus, Oaktree to Bid for Solvia Land Assets: Confidencial
- SIKA SW : Sika Full Year Sales Meet Estimates
- SIKA SW : Sika Makes Binding Offer to Buy Parex; Enterprise Value CHF2.5B
- SOFTBANK (9434 JP) : SoftBank Sees $2b WeWork Investment, Had Discussed $16b: FT
- STM FP : Samsung Profit, Sales Miss Could Put Pressure on EU Chip Stocks
- TEVA IT : Generic Drugmakers Rise as Teva CEO Forecasts Stabilizing Prices
- UBSG SW : UBS Considers Replacing Asset Management Chief Koerner: Finews
- FR FP : Valeo Plans Further Cost Cuts, CEO Says: FT