Early premarket gappersGapping up:
- NBEV +23.4%, SCS +14.2%, ADVM +7.8%, HLIT +5.8%, ACAD +4.7%, ADT +2.5%, TXN +1.6%, KALV +0.8%, CARA +0.8%, RDS.A +0.8%
Gapping down:
- PIR -17.1%, MDXG -11.3%, UNFI -9.8%, TLRY -7.4%, MU -5.9%, WMC -5.8%, SGH -4.8%, CRON -2%, SJT -1.7%, WDC -1.7%, LRCX -1.7%, CGC -1.3%, AMAT -1%, AMD -0.7%, SMH -0.7%
![]()
Stocks in Asia are set to cap the strongest two-week rally since February as investors take in evidence that escalating trade tensions have yet to hurt global growth and China’s moves to support its expansion.
With the world’s expansion intact -- as shown in strong Japanese and Korean export figures this week -- the narrative of central banks paring back liquidity remains. The Bank of Japan cut its purchases of super-long bonds at an operation Friday, and Hong Kong’s dollar surged the most since 2003, thanks in part to the prospect for higher interest rates there. The Topix Index is heading for the highest close since May, and shares climbed from Seoul to Shanghai. Ten-year U.S. yields are holding above 3 percent, though that’s not helping the dollar, which is approaching levels against the yen not seen since January.
US After Hours SCS +16%, PIR -17%, UNFI -11%, MU -8% following earnings/guidance, most semi/chip names are pulling back
Nikkei +1.09% Hang Seng +1.13% CSI +2.09% Shanghai +1.58% Shenzen +1.26%
Eur$ 1.1781 CNH 6.8301 CNY 6.8372 JPY 112.78 GBP 1.3259 CHF 0.9589 RUB 66.2672 TRY 6.2275 WTI$ 70.35 +0.07%
S&P +0.09% EuroStoxx +0.32% FTSE +0.35% Dax +0.48% SMI +0.39%
Macro :
- Goldman Sees 60% Probability of Trump All In on Trade War
- Key Brexiteer Davis Says He Urged May Into Disastrous Election
- Italy’s League Says It Will Make Budget Proposals Friday
Keep an eye on :
- ABE SM : Hochtief, Atlantia, ACS to Set Up SPV to Own Abertis: Reuters
- ALB SM : Alba First Half Net Income EU68.2 Mln Vs. EU426.4 Mln Y/Y
- ALO FP : Alstom Says Grand Paris Train Contract Worth Up to EU1.3B
- ATE FP : Alten 1H Operating Profit EU100M, Up 22.2% on Yr
- BOKU LN : Boku Holders to Offer Shares via Peel Hunt LLP
- CABK SM : Caixabank to Sell Existing Shareholding in Repsol: Filing
- CC US : U.S. Finds China, India Dumping Polytetrafluoroethylene Resin
- DANSKE DC : Danske Laundering Case Puts Contract w/ Government at Risk: DR
- DASNKE DC : Danske May Recall Some Bonuses in Wake of Laundering Scandal:SvD
- DEHR GY : Uber Is Said to Be in Early Talks to Buy Europe’s Deliveroo
- EDPR PL : EDPR Gets Contract to Sell Energy From Solar Project in Brazil
- ENGI FP : Engie Fails to Win Approval for Restart of Tihange-3: VRT NWS
- FTK GY : Fintech Group Misunderstood, Compelling Growth Story: Berenberg
- HLAG GY : Hapag-Lloyd Opportunities Balanced by Risk: Morgan Stanley
- ILD FP : Italy 5G Auction Bids Total EU4.15b, Outpacing 2011 Tender
- IPN FP : Ipsen Receives Positive CHMP Opinion for Cabometyx
- JLIF LN : JLIF Holder Cerno Says Bid Is ‘Completely Opportunistic’: FT
- JUP LN : Jupiter Asset Plans Business Expansion in Asia on Rising Wealth
- MMO1V FH : Marimekko Raises FY Op. Profit Guidance on Better Retail Trend
- OXUR BB : Oxurion Enrolls First Patient in Phase 1 Evaluating Thr-687
- PNL NA : PostNL Urges Unions to Talk, Says Almost All Staff at Work Thu.
- PST IM : Poste Italiane Interested in Buying SIA, Il Sole Says
- RWE GY : RWE’s Schmitz: Halting Hambach Lignite Ops Would Cost EU5B
- SGO FP : Saint-Gobain Says Hankuk Glass Industries Delisting Planned
- SKY LN : Comcast Is Said Expecting Fox, Disney to Raise Sky Offer: CNBC
- SPI LN : Spire’s Rising Costs Cited For ‘Deep’ EPS Cuts By Credit Suisse
- TIT IM : Italy 5G Auction Bids Total EU4.15b, Outpacing 2011 Tender
- TKO FP : Tikehau Capital in Talks to Buy Sofidy, Plans Selectirente Bid
- VAF PL : Vista Alegre Shareholders to Vote on Capital Increase
- VCT FP : Vicat Confirms Talks With Ciplan in Brazil
- VOLVB SS : Volvo’s Polestar Announces Subscriptions, Retail Spaces in U.S.
- VOW3 GY : VW Says Brazil Sales Already Affected by Election Uncertainty