Asian equities rose Friday along with U.S. and European futures as investors continue to weigh moves to reopen economies and moves on trade negotiations between the U.S. and China against data illustrating the enormous damage wreaked by the coronavirus. The dollar dipped.
S&P 500 futures hit their session highs after reports that China and the U.S. had a phone call on trade. Japan saw gains of about 1.5%, the largest moves, while shares also rose in Hong Kong, Shanghai, Seoul and Sydney. The yuan nudged up. U.S. jobless claims continued at historically high levels, but fell from the prior week, in the run-up to Friday’s payrolls report. The tech-heavy Nasdaq Composite turned positive for 2020, wiping out losses of as much as 24%. Two-year Treasury yields continued to trend lower after plunging to a record.
US After Hours UBER +5.7%, SPWR +12.1%, SAIL +5.6% up on earnings; ROKU -9.6%, TTD -8.2%, STMP -7.6%, OLED -3.9% are among downside earnings names
Nikkei +2.33% Hang Seng +1.10% CSI +1.16% Shanghai +0.94% Shenzen +1.38%
Eur$ 1.0845 CNH 7.0857 CNY 7.0726 JPY 106.42 GBP 1.2400 CHF 0.9722 RUB 74.0508 TRY 7.1153 WTI$ 24.14 +2.46%
S&P +1.42 Nasdaq +1.35% EuroStoxx +1.05% Dax +1.40% SMI +0.80%
Macro :
- Paul Tudor Jones Buys Bitcoin, Says He’s Reminded of Gold in 70s
- Equity Fund Outflows Last Week Most Since March, Jefferies Says
- Germany’s New Coronavirus Cases Rise the Most in a Week
Keep an eye on :
- ANA SM : Acciona First Quarter Net Income EU78 Mln
- AIR FP : Airbus Delivers 14 Aircraft, Logs 9 Net Orders in April
- AF FP : Air France-KLM Signs Accord for EU7B State Loans, Guarantees
- AKER NO : Aker Net Assets Fell to NOK24.1b in 1Q, Down 52% Q/q (1)
- BAMI IM : Banco BPM 1Q Net Boosted by Financial Income; Plan Goals Halted
- BC8 GY : Bechtle 1Q Pretax Profit EU51.1 Mln, +13% Y/y, Est. EU49.1 Mln
- BEFB BB : Befimmo First Quarter Adjusted EPS EU0.77 Vs. EU0.72 Y/y
- BRAV SS : Bravida First Quarter Operating Profit SEK271 Mln, +8.4% Y/y
- BC IM : Brunello Cucinelli First Quarter Net Revenue EU156.7 Mln
- CLNX SM : Cellnex First Quarter Adjusted Ebitda EU260 Mln, +64% Y/y
- DOKA SW : Dormakaba Withdraws Guidance Over Decreased Visibility
- EDP PL : EDP First Quarter Net Income EU146 Mln, +46% Y/y
- ELK NO : Elkem First Quarter Ebitda NOK590 Mln, -31% Y/y
- EUCAR FP : Hertz Downgraded to SD by S&P (1)
- FER SM : Ferrovial First Quarter Loss EU111 Mln, +13% Y/y
- GLPG NA :Galapagos First Quarter Operating Loss EU44.6 Mln
- HSBA LN : Singapore Oil Trader Involved in ‘Dishonest’ Deals, HSBC Says
- IAG LN : IAG CEO Says There Won’t Be a Third Heathrow Runway: Telegraph
- INGA NA : ING First Quarter Loan-loss Provision EU661 Mln, *ING 1Q LOAN-LOSS PROVISION EU661M, EST. EU798.4M
- INS GY : Instone Real Estate Prelim 1Q Adjusted Ebit EU18.0 Mln
- SDF GY : K+S Prepares Potential Application for German State Aid: Reuters
- KOG NO : Kongsberg First Quarter Ebitda NOK643 Mln, Est. NOK574.0 Mln
- MC FP : J.C. Penney, Sephora Settle Dispute Over Boutiques (Correct)
- MEL SM : Melia Hotels 1Q Loss EU79.7 Mln Vs. Profit EU11.5 Mln Y/y
- NHY NO : Norsk Hydro Issues Senior Unsecured Bonds of NOK7b
- QIA GY : Qiagen Gains as CTFN Speculates on Potential Increased Offer
- RNO FP : Renault Sandouville Plant Ordered to Halt Due to Covid-19: AFP
- RENE PL : REN First Quarter Net Income EU4.3 Mln, -67% Y/y
- RHM GY : Rheinmetall First Quarter Oper Profit EU34 Mln, Est. EU36.9 Mln
- SSO NO : Scatec Solar First Quarter Ebitda NOK503 Mln Vs. NOK242 Mln Y/y
- SIE GY : Siemens Scraps 2020 Guidance With Industrial Downturn At Bottom
- SMHN GY : Suess MicroTec 1Q Ebit Loss EU5.6 Mln Vs. Profit EU2.1 Mln Y/y
- VOW GY : Automakers Avoid Recall of 56 Million More Takata Air Bags