Japanese stocks led gains in Asia and U.S. futures advanced as investors digested the recession-risk signals emanating from U.S. Treasuries that sparked a sell-off Friday.
Japan’s Topix index rose more than 2 percent, a day after it had its biggest slide this year. Korea’s benchmark was weighed down by a Samsung Electronics Co. warning on memory-chip prices, while Chinese shares declined and Hong Kong’s fluctuated. European futures indicated stocks will open higher. U.S. Treasury yields edged up after a two-day tumble that saw 10-year rates drop below those on three-month bills. West Texas crude climbed above $59 a barrel, and the yen dipped as a risk-on tone took hold.
- US AFter HoursBBT boosted by analyst upgrade, IQ / MYOK lower on offering news
Nikkei +2.15% Hnag Seng -0.10% CSI -1.35% Shanghai -1.5% Shenzen -2.15%
Eur$ 1.1308 CNH 6.7170 CNY 6.7130 JPY 110.12 GBP 1.3197 RUB 64.0746 CHF 0.9928 TRY 5.5576 WTI$ 59.23 +0.70%
S&P +0.13% EuroStoxx +0.06% FTSE +0.18% Dax +0.10% SMI +0.25%
Macro :
- Vitol: Fuel Oil Market Is Strong Due to Iran, OPEC+ Output Cuts
- Europe Is a Value Play With Bunds for Protection, Gavekal Says
- Goldman Joins Chorus Downplaying Menace of Inverted Yield Curve
- Deutsche Bank, RBC See Growth Scare Doing Little Harm to S&P 500
- German April GfK Consumer Confidence +10.4; Est. +10.8 (Table)
Keep an eye on :
- ABN NA : ABN Amro to File Application for U.S. Banking License: FT
- AIR FP : Airbus Order From China Totals More Than $35B at List Prices
- ASML NA : Watch Chip Stocks After Samsung Warns, Sees 2019 Demand Pick Up
- BO DC : Bang & Olufsen Cuts Outlook, Halts Buyback, Drops 3-Year View(1)
- SKIN SW : Cassiopea Reports Positive Results From Phase III Winlevi Study
- COTN SW : Comet Board Proposes to Reject Motions Submitted by Veraison
- DEB LN : *SPORTS DIRECT INTL. SPD POSSIBLE CASH OFFER FOR DEBENHAMS
- DIA SM : *REGULATOR TO APPROVE FRIDMAN'S DIA BID IN COMING DAYS: CINCO
- DWNI GY : Deutsche Wohnen Sees FFO I Rising 12% in 2019
- EBK GY : EnBW CEO Sees Boom for German Gas-Fired Power Plants, FAZ Says
- RF FP : Eurazeo Partners With CIC, BNP Paribas to Create €1B-€1.5B Fund
- GBLB BB : GBL Spends EU15.2m Buying Back 176,737 Shares March 18-March 22
- HSBA LN : HSBC to Lower Fees for Hong Kong Mandatory Provident Fund: HKEJ
- HUBN SW : Huber + Suhner Offering by Holder Prices 2.03m Shrs at CHF75/Shr
- ISAT LN : ISAT LN (There are hopes of an improved offer following a proposed takeover by Apax-led consortium; analysts highlighting that EchoStar would be free to come back - FT
- SDF GY : K+S Says Investment Program Will Shield It From New Canada Taxes
- LR FP : Legrand CEO Says Many Remaining Targets for Acquisition: Echos
- MBWS FP : Marie Brizard Sees 2018 Loss; Targets 2022 Ebitda EU13m-EU19m
- NDX1 GY : Nordex 2019 Revenue Forecast Beats Estimates
- NHY NO : ‘No Clue’ When Alunorte Will Restart, Says Norsk Hydro Executive
- OCI NA : Berenberg Sees New Wave of Consolidation in Fertilizer Industry
- PSH NA : Ackman Says Pershing Square’s New Structure Giving It an Edge
- RNO FP : Nissan-Renault-MMC Board to Meet Around April 11: Nikkei
- RDSA NA : Shell Would Seek Acquisitions for Power Technologies: Wetselaar
- SCR FP : Scor Calls on Shareholders to Reject CIAM AGM Proposals
- SDF GY : Berenberg Sees New Wave of Consolidation in Fertilizer Industry
- SPNO DC : Spar Nord Says DAB Recommended Holders Not Accept Offer
- STAN LN : StanChart Hopes to Secure Hong Kong Virtual Bank License: CEO
- STM FP : Watch Chip Stocks After Samsung Warns, Sees 2019 Demand Pick Up
- TELIA SS : Telia Still Sees Weaker Ebitda Development in 1H vs 2H
- TKA GY : German Prosecutors Investigating Israel Submarine Sale: HB
- UBER IPO : *UBER TO BUY DUBAI'S CAREEM IN $3.1B CASH, CONVERTIBLE NOTE DEAL
- UBSG SW : UBS NZ to Donate Broker Fees to Victims Charity on March 27
- UBSG SW : UBS, Ex-BofA’s Meissner Said No Longer in Talks on Senior Role
- YAR NO : Berenberg Sees New Wave of Consolidation in Fertilizer Industry