Stocks traded mixed Tuesday in Asia after the threat of new tariffs on European goods from President Donald Trump damped risk appetite. Treasuries steadied alongside the dollar.
Shares slipped in Japan, fluctuated in China, Hong Kong and Korea, and closed little changed in Australia. European futures ticked lower with S&P 500 Index futures after the benchmark eked out a gain in thin volumes Monday, rising to just over a percent from its all-time high.
Liquidity was thin, with volumes across Asian equity markets below 30-day averages, and volatility in major currencies slumping as traders reduced risk ahead of key events this week including U.S. inflation data, a European Central Bank decision and U.K. Prime Minister Theresa May’s meeting with European leaders.
U SAfter Hours PHAS +36% on FDA Breakthrough Therapy designation news, ZGNX -32% after receiving FDA Refusal to File letter for FINTEPLA
Nikkei +0.19% Hang Seng +0.10% CSI +0.09% Shanghai -0.42% Shenzen +0.28%
Eur$ 1.1266 CNH 6.7202 CNY 6.7159 JPY 111.36 GBP 1.3087 RUB 64.8708 CHF 0.9986 TRY 5.6573 WTI$64.41 +0.02%
S&P -0.10% EuroStoxx -0.03% FTSE -0.10% Dax -0.16% SMI +0.10%
Macro :
- Could This Be Third Time Lucky for Forever Bulls?: Taking Stock
- Flat S&P 500 First-Quarter EPS Growth Seen at Bank of America
Keep an eye on :
- AAL LN : De Beers Rough-Diamond Sales Rise to $575m in Third Cycle
- AIR FP : Airbus Says Uganda Firms Orders Amid Airline Revival This Month
- ASRL NA : ASR Proposes to Abandon Bonuses for Executives From 2020 On
- POST AV : Austrian Post to Buy 80% Stake in Bruell Kallmus Bank
- BATS LN : British American Tobacco Chairman Burrows to Step Down: Sky
- BAS GY : BASF to Expand Output Capacity for Sodium Methylate in Brazil
- COPN SW : Cosmo Submits NDA for Anesthetic Remimazolam Drug to FDA
- DEB LN : Sports Direct Makes Revised Proposal to Debenhams
- DBK GY : German Bank Watchdog Calls For Changes at Bank N26, HB Reports
- DNA FH : Telenor to Buy 54% Stake in Telecom Operator DNA for EUR1.5B
- GBL BB : GBL Spends EU11.8m Buying Back 133,614 Shares April 1 - April 5
- GHH LN : Gooch & Housego: Performance is in Line With Expectations (1)
- GIVN SW : Givaudan Sales Above Expectations, Growth Strong, Says Vontobel
- MDG1 GY : Medigene Sells Remaining Rights, Inventories of Veregen
- NANO FP : Nanobiotix Starts Capital Increase Via Bookbuild Offering
- NOVN SW : Novartis Will Complete $5b Share Buyback This Year
- NOVN SW : Alcon Shares Bid/Ask at CHF47-CHF53 in Pre-Market Trading
- QSC GY : QSC Says Received ’Binding Offers’ From Several Plusnet Bidders
- SAB SM : Sabadell Eyes EU1b in Revenue by 2022 From Portugal Operation
- SAP GY : SAP Gets Two Rating Downgrades to Cap Rally Ahead of 1Q Results
- SIKA ZW : Sika Sees Full Year Sales CHF8 Bln
- GLE FP : SocGen to Cut 1,600 Jobs, Reduce RWA by EU10b: CGT Union
- STAN LN : StanChart Expected to Resolve Sanctions Probe Tuesday: Reuters
- TGYM IM : Technogym Holder Raises EU144.2m by Selling About 6.96% in ABB
- UN01 GY : Uniper’s Complete Takeover by Fortum Is Unlikely, Bernstein Says
- VIFN SW : Vifor Pharma And Akebia Therapeutics Expand Anemia Drug License
- WPP LN : EQT Is Considering a Bid for WPP’s Kantar: Telegraph