Evening Headlines
Bloomberg:
- Asian Stock Rally Stalls; U.S. Curve Flattens. Asian stocks slipped Tuesday, signaling fading investor applause for the U.S.-China trade truce. A portion of the Treasury yield curve inverted for the first time in more than a decade. Stocks in Japan, Korea and Australia posted modest losses while Hong Kong futures pointed lower. Earlier, the S&P 500 Index closed higher on the trade news, while the dollar weakened and oil gained. In the Treasury market, three-year yields climbed above five-year ones, showing that traders are pricing in the end of the Federal Reserve’s interest-rate hike campaign. Ten-year yields steadied below 3 percent. The MSCI Asia Pacific Index fell 0.1 percent at 9:05 a.m. Tokyo time. Japan’s Topix Index fell 0.2 percent. Hang Seng futures fell 0.6 percent overnight. The S&P/ASX 200 fell 0.2 percent.
Fox News:
CNBC:
Night Trading
Earnings of Note
Company/Estimate
Before the Open:
- Salesforce(CRM) co-CEO Block says he was skeptical of MuleSoft deal until a meeting with a big bank.
Night Trading
- Asian equity indices are -.5% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 90.0 -3.75 basis points.
- Asia Pacific Sovereign CDS Index 9.25 -1.0 basis point.
- Bloomberg Emerging Markets Currency Index 67.46 -.05%.
- FTSE 100 futures +.02%.
- S&P 500 futures -.26%.
- NASDAQ 100 futures -.32%.
Earnings of Note
Company/Estimate
Before the Open:
- (AZO)/12.22
- (AVYA)/.94
- (DG)/1.27
- (DCI)/.57
- (HDS)/.99
- (MOV)/1.12
After the Close:
- (HQY)/.25
- (HPE)/.43
- (MRVL)/.32
- (OLLI)/.31
- (TOL)/1.84
- (ZS)/-.05
- None of note
- None of note
Other Potential Market Movers
- The Pres. Trump meeting with German automakers, RBA rate decision, weekly US retail sales reports, Citi Consumer Conference, Goldman Financial Services Conference, (WDC) investor day and the (EW) investor conference could also impact trading today.
No comments:
Post a Comment