Stocks in Asia climbed and U.S. equity-index futures rebounded as investors weighed the likelihood that the world’s two largest economies will eventually resolve their ongoing trade spat. Treasuries fell and the dollar steadied.
Appetite for risk returned, lifting shares across the region with those in Hong Kong outperforming. Chinese equity markets reopened with gains after a holiday. Markets showed little reaction to a missile attack on a Syrian airbase as a Pentagon spokesman said it wasn’t conducting airstrikes. The yen fluctuated ahead of remarks Monday by Bank of Japan Governor Haruhiko Kuroda at the start of his second term. While Friday’s sell-off left U.S. stocks teetering on a key support level, futures on the S&P 500 Index rebounded.
Nikkei +0.51% Hang Seng +1.19% CSI +0.01% Shanghai +0.20% Shenzen +0.14%
Eur$ 1.2280 CNH 6.26857 CNY 6.2968 JPY 107.04 GBP 1.4116 CHF 0.9597 RUB 58.13 WTI$ 62.33 +0.44%
S&P +0.73% EuroStoxx +0.45% FTSE +0.41% Dax +0.75% SMI +0.10%
Macro :
- Perella Weinberg to Open Office in Frankfurt or Paris: HB
Keep an eye on :
- AC FP : AccorHotels Acquires ResDiary
- ADYEN IPO : Adyen Said to Pick Amsterdam for Stock Listing: Telegraaf
- Aston Martin IPO : Aston Martn set to appoint Goldman Sachs, Deutsche Bank, JPMorgan as global coordinators on IPO
- ASCL IM : ITE May Bid for Ascential Exhibition Unit, Sunday Times Says
- ATCOA SS : Atlas Copco’s Epiroc Seen Valued at $12b-14b, Jefferies Says
- AXFO SS : Time to Buy Axfood Shares, Dagens Industri Says
- BKT SM : Bankinter Portugal Unit Aims to Increase Profit by 30%: Dinheiro
- BAMI IM : Banco BPM CEO Castagna Rules Out Any M&A Over Two Years
- BARC LN : Barclays Plans to Split Euro Trading Hub Over Brexit, FT Reports
- BOSN SW : Bossard First Quarter Sales CHF220.4 Mln
- CEVA Logistic : Ceva Logistics Plans IPO on Six Swiss Exchange in Zurich
- DBK GY : Deutsche Bank Names Sewing to Replace Cryan as Chief Executive
- DPW GY : Deutsche Post Explores Options for Electric Van, CFO Tells BZ
- ETL FP : Spanish Government approves Abertis' acquisition of 32.63% stake in Hispasat from Eutelsat
- FB US : Sequoia Takes Facebook Stake as Shares Slide in Data Controversy
- Francaises des Jeux IPO : France Is Preparing to List Shares in Francaise Des Jeux: JDD
- HDD GY : Heidelberger Druck CFO Eyes More Acquisitions: Euro am Sonntag
- ITE LN : ITE May Bid for Ascential Exhibition Unit, Sunday Times Says
- MEO GY : Otto Looking for Partner to Expand Online Shop About You: WAMS
- MTC LN : Mothercare Is Said to Consider Closing 47 Stores: Sunday Times
- NESN SW : Nestle’s Bulcke Confirms Policy of Slight Dividend Increase: NZZ
- NOVN SW : Novartis to Buy AveXis for $8.7b in Cash
- PNL NA : PostNL and Sandd consider consolidation
- RMG LN : U.K.’s Royal Mail May Name Rico Back as CEO: Sky
- SERVICEWARE IPO : Serviceware IPO Price Range EU22.50-27.50 Per Share
- SHP LN : Shire suitor Takeda says comments about potential offer aligned with previous statements
- BID US : Sotheby’s Brings Back Fees for Online-Only Auctions: FT
- SREN SW : Ethos, Actares Oppose Re-Election of Swiss Re’s Kielholz: SZ
- STAN LN : Standard Chartered Says Not Reached Any Decision on Bank Permata
- TEF SM : Argentina’s Macri Says Rules for Telefonica Are Clear: ABC
- TELIA SS : Telia’s CEO of Sweden to Leave Company
- TIT IM : Elliott to Add Altavilla to Tel Italia Board List: Repubblica