Gains in Asian stocks petered out Tuesday amid fresh Sino-American tensions and recent selloff in U.S. technology shares. The pound extended losses on concern the U.K. is inching closer to a no-deal Brexit.
Shares posted modest gains in Japan, Australia and South Korea. Hong Kong and Chinese stocks headed lower as President Donald Trump said he intends to curb the U.S. economic relationship with the country. Futures on the S&P 500 Index pointed higher, though pared gains, with those on the Nasdaq 100 down from Friday’s close. Europe’s Stoxx 600 rose Monday. Oil extended its retreat below $40 a barrel as a price cut by Saudi Arabia signaled fuel demand is wavering in key markets. The dollar was steady.
Nikkei +0.72% Hang Seng +0.28% CSI +0.77% Shanghai +0.92% Shenzen +0.56%
Eur$ 1.1825 CNH +.68289 CNY 6.8288 JPY 106.23 GBP 1.3155 CHF 0.9169 RUB 75.8148 WTI$39.08 -1.73%
S&P +0.80% Nasdaq +0.13% EuroStoxx +0.42% FTES +0.43 Dax +0.48% SMI +0.08%
Macro :
- Trump: Cos. Outsourcing to China Wouldn’t Get Federal Contracts
- Boris Johnson’s Taste for Brexit Danger Could Doom EU Trade Deal
Keep an eye on :
- ABI BB : AB InBev Begins Process to Replace CEO Carlos Brito, FT Says
- AMAST SS : Amasten Fastighets Offering Prices 68m Shares at SEK7.30/Share
- AMZN US : Amazon Withheld Jeff Bezos Email Chain From U.K. Regulator
- ASRLN NA : ASR Nederland to Nominate Joop Wijn as Chairman
- AV/ LN : Aviva France Receives Number of Expressions of Interest: Echos
- BARC LN : Barclays Pulls Risky Mortgages After Nearing Lending Limit: FT
- BMPS IM : Italy’s Treasury Signs Off on Monte Dei Paschi Sale Decree: Rtrs
- IAG LN : Moody’s Cuts IAG to Ba2 From Ba1; Outlook Remains Negative
- EN FP : Bouygues Construction JV Wins EU150M Housing Contract in Monaco
- CABK SM : *CAIXABANK, BANKIA MAY CUT 8,000 JOBS AFTER MERGER: EXPANSION
- COLR BB : Colruyt Stops Selling Non-Food Items on Collishop Website
- DANSKE DC : Danske Revamp Likely to Outweigh Latest Scandal: Handelsbanken
- DBK GY : Deutsche Bank Invited 20% of London Staff Back to Office: FN
- DIA IM : DiaSorin, MeMed Start Partnership on Novel Immune Response Test
- ENX FP : Borsa Italiana Is Valued at EU3.3B-EU3.7B in Sale by LSE: MF
- FASTAT SS : Fastator Offering Prices 1m Shares at SEK120/Share
- ITP FP : Interparfums Sees FY Rev. Close to EU300m, Est. EU292m
- LSE LN : Borsa Italiana Is Valued at EU3.3B-EU3.7B in Sale by LSE: MF
- MS IM : Italy Court Sets Hearing on Vivendi’s Stake in Mediaset Dec. 16
- KN FP : Groupe BPCE Appoints Jean-Francois Lequoy Deputy CEO, CFO
- NEOEN FP : Neoen Gets 14-Year Contract for 100 MW in Australian Auction
- ROG SW : Roche Gets FDA Clearance for BK Virus Test on Cobas Systems
- SAP GY : SAP Appoints Singaporean as President of Southeast Asia
- SREN SW : Swiss Re Is Upbeat on Renewals Outlook, Sees Price Increases
- TYRES FH : Nokian Renkaat CEO: Short-Term Focus on Cash Flow, Cost Control
- VLA FP : Valneva Starts Phase 3 Clinical Study for Chikungunya Vaccine
- VIV FP : Italy Court Sets Hearing on Vivendi’s Stake in Mediaset Dec. 16
- VOW3 GY : VW CEO Says No Deal Cooking After Meeting Elon Musk in Germany
- WLN FP : Worldline May Have to Offer Concessions in Ingenico Deal: Rtrs
- ZWIPE NO : Zwipe Offering Prices 6.38m Shares at NOK15/Share