Asian stocks retreated in muted trading Tuesday after their U.S. counterparts slipped overnight, while Treasuries were little changed alongside the dollar. The yen held close to its lowest since May.
Stocks reversed gains in Japan, fluctuated in South Korea and declined in Hong Kong and China. S&P 500 futures dropped after U.S. equities fell for a second day as investors took a cautious approach in a week full of central bank activity. European contracts were lower. Trading may continue to be choppy ahead of key testimony this week from Federal Reserve Chairman Jerome Powell, as investors assessed prospects for monetary easing following some conflicting signals on the U.S. economy.
US After Hours MR +6% on Q2 and 2H updates, WAAS / NMFC / BV/ HQY all lower on planned stock offerings
Nikkei +0.07% Hnag seng -0.64% CSI -0.56% Shanghai -0.53% Shenzen -0.39%
Eur$ 1.1216 CNH 6.8881 CNY 6.8784 JPY 108.75 GBP 1.2511 CHF 0.9943 RUB 63.7186 TRY 5.7411 WTI$ 57.44 -0.38%
S&P -0.32% EuroStoxx -0.34% FTSE -0.20% Dax -0.55% AMI -0.04%
Macro :
- Japan’s Machine Orders Drop Sharply in May Amid Global Slowdown
- Italy Seizes on Plunge in Borrowing Costs to Issue More Bonds
- Euro Area Welcomes New Greek Government With a Budget Warning
- Chinese Startup Douyu Seeks to Raise Up to $629 Million in IPO
- Trump Rule to Put Prices in Drug Ads Is Shot Down by Judge
- *U.S. TO IMPOSE DUTIES ON CHINA, MEXICO STRUCTURAL STEEL
Keep an eye on :
- ABBN SW : ABB Sells Solar Unit to Italy’s Fimer; Books $430 Million Charge
- ABI BB : AB InBev Asian Unit IPO Draws HK$9.4B of Margin Loans: HKEJ
- AIR FP : Airbus Asks Airlines to Check Wings of Older A380s for Cracks
- AIR FP : Airbus, Boeing May Pull Out of Canada Fighter Jet Bid: Rtrs
- AJAX NA : Ajax Signs 1-Yr Contract Extension W/ Dusan Tadic to June 2023
- ASY FP : Assystem Buys France’s ASCO to Expand in Nuclear Engineering
- CS FP : Axa: Full Exercise Over-Allotment AXA Equitable Secondary Offer
- BAS GY : BASF Joins Chemical Makers Cutting Targets as Demand Plunges
- ALBPS FP : Biophytis Sees Range of $7-$9/ADS in U.S. IPO
- CO FP : Foncière Euris: Court Lifts Ban on SocGen Calling in Rallye Shrs
- CSGN SW : Credit Suisse Hires Ford’s Heyer to Lead Auto Technology Banking
- DANSKE DC : Danske Bank Cuts Profit Forecast, Blaming Weaker ‘Momentum’
- DBK GY : Deutsche Bank Bond-Trading Staff Shuffle as Equities Slashed
- DBAN GY : Pamplona Capital to Acquire Majority Stake in Infiana
- FGR FP : Eiffage Wins EU57M Contract to Build Hospital Building in Brest
- FBK IM : Fineco ABB Price Guidance at EU9.80-EU9.90, Terms Show
- GEN DC : Genmab Says Daratumumab in Combination Met Primary Endpoint
- IBAB BB : IBA to Install Proton Therapy Center in Kansas
- LUPE SS : Lundin Petroleum Not In Any Talks With Aker BP, E24 Reportsfirts
- B4B GY : Wumart, Yonghui Said to Be in Final Race for Metro’s China Unit
- MOR GY : Morphosys to Invest up to EUR 15 Million for Vivoryon Stake
- KN FP : H2O Says It Lost Almost a Third From Some Open-Ended Funds
- COX FP : Nicox Gets $3m Milestone Payment From Eyevance for Zerviate
- ORSTED DC : Orsted Among Power Companies in Danish Price-Setting Probe: JP
- PWTN SW : Panalpina Applies War Risk Surcharge for Strait of Hormuz
- POXEL FP : Metavant, Poxel Report Positive Topline Safety for Imeglimin
- REX FP : Recylex Requests Share Suspension Pending Press Release
- RAL GY : Foncière Euris: Court Lifts Ban on SocGen Calling in Rallye Shrs
- RHIM LN : RHI Magnesita Holder GP Investments to Offer 2.2m Shrs
- ROG SW : Roche: Hemlibra Data Show Benefits for People With Hemophilia A
- RDSA NA : Sarasin Sells Part of its Shell Stake on Climate Concerns: FT
- SAE GY : Shop Apotheke First Half Revenue EU338 Mln
- SAL IM : Salini Prepares $1.7 Billion Bet to Save Italy’s Building Sector
- SIE GY : Brazil Regulator Fines Alstom, Caf, Bombardier on Subway Cartel
- TLG GY : TLG Immobilien Investment Property Valuation Raised by EU400M
- VOW3 GY : VW Labor Chief Seeks Premium SUV for Wolfsburg Site: WAZ
- WPP LN : Bain Is Said to Near Deal for 60% Stake in WPP’s $4b Kantar Unit