Asian stocks traded lower Friday after a risk-off session in global markets where technology stocks retreated and Brazilian assets slumped. Treasury yields recovered some of Thursday’s decline.
Japanese and Australian shares edged lower while South Korean stocks showed modest losses. Chinese and Hong Kong shares hit their lows as China’s trade surplus came in narrower than expected. Earlier, U.S. benchmarks closed mixed, with the Nasdaq 100 falling the most in three weeks. Traders had flocked to Treasuries, igniting gains that at one point pushed the 10-year yield down nine basis points in a matter of minutes. The dollar fluctuated and the yen held gains. The Stoxx Europe 600 Index fell after disappointing data on euro-area exports and German factory orders.
US After Hours : ZUMZ +13%, DOCU +8%, SFIX +6%, COO +1.5%, CREE -3.5% following earnings/guidance
Nikkei -0.47% Hang Seng -1.43% CSI -1.50% Shanghai -1.45% shenzen -1.29%
Eur$ 1.1804 CNH 6.3990 CNY 6.4031 JPY 109.60 GBP 1.3421 CHF 0.9809 RUB 62.4013 WTI $ 65.75 -0.33%
S&P -0.30% EuroStoxx -0.87% FTSE -0.60% Dax -1.07% SMI -0.77%
Macro :
- German Carmakers Want EU to Offer Trump Lower Tariffs: FAZ
- Commerzbank Cuts Equities to Neutral Ahead of ‘Risky’ Summer
Keep an eye on :
- ACS SM : ACS, Atlantia Seek EU1.3B for Hispasat Sale, Expansion Reports
- AF FP : Air France-KLM Says Number of Passengers Grew 1% in May
- ATC NA : Bouygues Tried to Buy SFR - LeFigaro.fr : http://bit.ly/2M8X9lx
- ANTO LN : Codelco’s Copper Output Lowest in More Than a Year: Cochilco
- BAC US : BofA Is Said to Move About 400 Jobs From London to Paris: Rtrs
- BARC LN : Barclays Is Said to Hire Credit Suisse’s Matthew Cousens: FN
- BFIT NA : Eric Wilborts Sells Entire 5.9% Stake In Basic-Fit
- DBK GY : Deutsche Bank Chair Said to Talk to Holders on Commerzbank Deal
- DBK GY : Deutsche Bank Is Said to Pursue $3 Billion Energy Portfolio Sale
- DBK GY : Deutsche Bank’s Revenue Trajectory is the ‘Key Unknown,’ MS Says
- DMGT LN : Geordie Greig Named as New Editor of the Daily Mail: Guardian
- FNTN GY : Freenet to Join 5-G Auction if Limited Frequency Offered: BZ
- GNFT US : Intercept Slips as Results From Generic Study Published in NEJM
- RMS FP : Hermes to Join France’s Benchmark CAC 40 Index
- IBAB BB : Ion Beam to Install Cyclone 70 System in Arizona for $16m-$20m
- ICPT US : Intercept Slips as Results From Generic Study Published in NEJM
- KER FP : Gucci Signals Slowdown With EU9 Billion Total Retail Value
- KIN BB : Kinepolis’s Bert, Related Parties Cut Stake to Less Than 50%
- LULU US : Lululemon 10m Shrs Are Said Offered at $121.50-122.70/Shr
- MRK GY : French Appeals Court Says Merck Must Supply Old Thyroid Pill
- KN FP : Natixis Shutters Trade-Finance Desks in Geneva and Dubai
- NOVOB DC : Novo Nordisk Is Said to Plan Mass Layoffs: Borsen
- OCDO LN : more rumor of Kroger Bid - Telegraph
- PEAN SW : Peach Property Raises Target Volume of Hybrid Warrant Bond Issue
- RBS LN : RBS CEO Says Bank Hopes to Buy Back Stock to Reduce U.K. Stake
- REV US : Perelman Could Take Revlon Private Soon, Mox Reports Says
- ROG SW : Genentech’s Rituxan Gets FDA Approval For Pemphigus Vulgaris
- RWE GY : German 1Q Nuclear Power Generation Grew 29%: AG Energiebilanzen
- SPM IM : Saipem, CTCI Corp. Win $925M E&C Onshore Contract in Thailand
- SGO FP : Saint-Gobain CEO: 2H Will Be Better Than 1H
- SFL IM : Safilo Obtains Extension of Revolving Credit Facility
- SEVAN NO : Sembcorp Marine Unit to Buy Sevan Marine’s Subsidiary for $28M
- SLA LN : Standard Life Aberdeen Holder Lloyds to Offer 97.7m Shrs
- SNH GY : Steinhoff Africa Faces Competition From Tekkie Town Founder: MW
- SNBN SW : SNB Chooses Markets, Not Companies For Investing: Jordan to SRF
- TKA GY : Thyssenkrupp Considering Divesting Its Shipyard Division: HB
- VIFN SW : FDA Approves Vifor Pharma’s Mircera for Pediatric Patients