Stocks in Asia and U.S. equity futures pared losses and crude oil came off its highs after Iran assured that its strike on U.S. facilities in Iraq Wednesday didn’t mean it was seeking a war, and President Donald Trump declared “all is well.”
Traders coped with a volatile session, with futures on the S&P 500 Index tumbling as much as 1.7% in the wake of Iran’s rocket attack on two U.S.-Iraqi airbases. Japan’s stocks slid as much as 2.4% at one point, and crude oil soared 4.7% in New York; gold punched through $1,600 an ounce for the first time since 2013. Hopes that hostilities might be done for now then triggered a reversal of much of those moves. U.S. stock futures were down just 0.4% by 6 a.m. in London and Treasuries erased most of the earlier advance.
US After Hours SONO +1% (files patent lawsuit against Google), LTHM -16.2% (lowers Q4 EPS and revenue guidance),RADA -11.1% (announces offering; size not disclosed), SPNE -4.4% (guides Q4 and 2020 revs above consensus; announces stock offering)
Nikkei -1.57% Hang Seng -1.16% CSI -1.06% Shanghai -1.13% Shenzen -1%
Eur$ 1.1150 CNH 6.9418 CNY 6.9434 JPY 108.38 GBP 1.3130 CHF 0.9705 RUB 61.8709 TRY 5.9780 WTI$ 63.31 +0.97%
S&P -0.30% EuroStoxx -0.77% FTSE -0.49% Dax -1.01%
Macro :
- Gundlach Doubles Down on Weak-Dollar Call After Resilient 2019
- Ray Dalio’s Pure Alpha II Loses Money for First Time Since 2000
- OPEC Seeks to Reassure Oil Markets on Spiking Mideast Tension
- Gold Bid to Grow as ETF Holdings Approach Record: Markets Live
Keep an eye on :
- AIR FP : FAA, EASA to Meet Boeing This Wk on 737 Max Software Audit: Rtrs
- ATL IM : Italy May Seek 5% Toll Cuts From Atlantia’s Autostrade: MF
- AML LN : Aston Martin Lagonda Corrects FY 2019 Trading Update
- CS FP : AXA Banque to Transfer Ops, Employees to Arkea: Les Echos
- BSLN SW : Basilea’s Cresemba Drug Has Been Launched in 40 Countries
- CGG FP : CGG Boosts Full Year Revenue Forecast
- CSGN SW : Credit Suisse Hires Ex-Deutsche Bankers to Join Quant Research
- DAI GY : Daimler CEO Promises Cost Cuts Today Will Fund Cars of Tomorrow
- DEQ GY : Deutsche EuroShop Sees Negative 2019 Valuation of About EU123M
- LISN SW : Lindt & Spruengli Farms Out 300 U.S. Sales Jobs, AWP Reports
- NMC LN : Holders to Sell Shares in NMC Health and Finablr
- NDX1 GY : Nordex Wins Three Dutch Turbine Orders Totalling 172 MW
- ORA FP : Orange Said to Pick BNP, Morgan Stanley to Advise on Africa IPO
- ORSTED DC : Orsted Share Offering Said to Fulfill Demand Within 10 Minutes
- RNO FP : Ghosn Accuses Nissan of Sham Takedown Before Grabbing Microphone
- SFOR LN : S4 Capital to Buy Mexico Based Circus Marketing: Sky
- UN01 GY : Uniper Eyes Offering to Switch Off All Its Coal Plants: RP
- VOW3 GY : Volkswagen SEAT Head De Meo Quits Top Role at Spanish Carmaker
- VOW3 GY : Audi Plots 2020 Comeback Helped by New Models, Cost Cuts