^N225 - Nikkei 225
| Previous Close | 23,416.76 |
| Open | 23,366.36 |
| Volume | 0 |
| Day's Range | 23,244.93 - 23,389.53 |
| 52 Week Range | 18,948.58 - 23,591.09 |
| Avg. Volume | 66,395 |
- Bloomberg
U.S. Stocks Mixed as Investors Weigh Retail, Trade: Markets Wrap
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.U.S. equity gauges were mixed as investors weighed disappointing reports from retailers with new developments in the American-China trade saga.Home Depot and Kohl’s were among the biggest drags on the S&P 500 Index, while the Nasdaq Composited headed to a fresh record amid gains in Microsoft, Facebook and Broadcom. Investors also mulled the implications of a report that U.S. and Chinese negotiators may link the size of tariff rollbacks to terms set during talks in May. European stocks ended lower. Ten-year Treasury yields held near 1.8%, while oil declined.The dollar fluctuated against its major peers after President Donald Trump said he “protested” U.S. interest rates that he considers too high in a meeting with Federal Reserve Chairman Jerome Powell at the White House. The Fed said Powell’s remarks were “consistent” with his recent public comments.Investors remain sensitive to any developments on trade after months of closely watched negotiations, as well as signs of weather U.S. consumers can continue supporting economic growth. One challenge for stocks across developed markets lies in the MSCI World Index’s 21% advance this year, which has propelled the benchmark to its highest estimated price-earnings ratio since 2017.”What you’re looking at is earnings misses from major retailers,” said Kate Warne, an investment strategist at Edward D Jones & Co. in St. Louis. “That’s a concern because it suggests the strength of the consumer might not be all of what people are hoping.”Elsewhere, equities fell in Tokyo and climbed in Shanghai. Gold held steady.Here are some key events coming up this week:U.S. economic indicators due for release include initial jobless claims on Thursday.Britain holds its first televised leadership debate before next month’s election Tuesday.Federal Reserve speakers this week include district bank presidents John Williams, Loretta Mester and Neel Kashkari.European central bankers speaking this week include European Central Bank President Christine Lagarde, Bundesbank chief Jens Weidmann, along with Yves Mersch, Luis de Guindos, Pablo Hernandez de Cos and Philip Lane.China announces its loan prime rates, a benchmark for borrowing costs, on Wednesday.These are the main moves in markets:StocksThe S&P 500 Index slipped 0.1% as of 12:45 p.m. New York time; the Nasdaq Composite gained 0.2%.The Stoxx Europe 600 Index fell 0.1%The MSCI Emerging Market Index gained 0.4%.CurrenciesThe Bloomberg Dollar Spot Index was little changed.The pound fell 0.2% to $1.2927.The euro increased 0.1% to $1.1082.The Japanese yen gained 0.2% to 108.47 per dollar.BondsThe yield on 10-year Treasuries dipped three basis points to 1.78%.Germany’s 10-year yield was little changed at -0.34%.Australia’s 10-year yield declined four basis points to 1.13%.CommoditiesWest Texas Intermediate crude declined 2.5% to $55.63 a barrel.Gold rose 0.2% to $1,474.50 an ounce.\--With assistance from Andreea Papuc, Michael Msika, Todd White and Yakob Peterseil.To contact the reporters on this story: Vildana Hajric in New York at vhajric1@bloomberg.net;Claire Ballentine in New York at cballentine@bloomberg.netTo contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Brendan WalshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Reuters
GLOBAL MARKETS-Shares, dollar dip as limp results, impeachment inquiry offset trade hopes
Shares in Europe dipped, Wall Street backed off record highs and the U.S. dollar was poised to extend a three-day losing streak as underwhelming earnings and uncertainty over an ongoing U.S. impeachment inquiry overshadowed hopes for a U.S.-China trade deal. The U.S. benchmark S&P 500 index was nominally lower and Home Depot Inc pulled the blue-chip Dow Jones Industrial index firmly into the red after the home improvement retailer cut its 2019 sales forecast. The inquiry focuses on a July 25 phone call in which President Donald Trump asked Ukrainian President Volodymyr Zelenskiy to carry out two investigations that would benefit him politically.
- Reuters
HK shares end at 1-week high on stimulus prospects, Alibaba boost
Hong Kong stocks on Tuesday closed at a one-week high as China central bank's rate cut stoked hopes that Beijing is keen to stem an economic slowdown with stimulus measures, while strong demand ahead of Alibaba's listing boosted sentiment. ** The Hang Seng index was up 1.6% at 27,093.80, its highest close since November 8. The China Enterprises Index closed 1.3% higher at 10,696.56 points.
- FX Empire
Asian Traders Shrug-Off Trade Deal Concerns; Alibaba Listing Boosts Hang Seng; Aussie Shares Up on Rate Cut Hopes
Hong Kong’s Hang Seng Index rose sharply for a second session this week on the hopes of fresh government stimulus and the news that Alibaba will close its order books to institutional investors early for its upcoming secondary listing in Hong Kong. The Australian share market rallied after it was revealed the Reserve Bank gave serious consideration earlier this month to cutting rates for a fourth time this year.
- MarketWatch
Asian markets mixed on continued uncertainty over U.S.-China trade talks
Asian shares were mixed Tuesday as investor sentiment remained cautious amid worries about the next development in trade talks between the United States and China.
- Reuters
GLOBAL MARKETS-Stocks climb on Huawei extension, buoying U.S. Treasuries
Global equity markets edged higher on Monday, lifting prices of U.S. government debt, as a 90-day extension allowing U.S. companies to do business with China's Huawei eased the latest spike in investor angst over U.S.-Sino trade tensions. The three major U.S. stock indexes set closing highs for a second straight session, while MSCI's gauge of world equity markets also edged up to less than 1% from a record peak set in January 2018. The U.S. Commerce Department added Huawei Technologies Co Ltd to an economic blacklist in May, citing security concerns, but has allowed it to purchase some American-made goods in a series of 90-day license extensions.
- Bloomberg
Stocks Edge Higher With Focus on China Trade Deal: Markets Wrap
(Bloomberg) -- U.S. stocks edged higher to fresh records as investors looked for signs of progress in U.S.-China trade negotiations. The dollar weakened and Treasury yields dipped.The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all fluctuated throughout the day, but ended up eking out a gain. Defensive shares such as consumer staples and utilities performed best. Word that the White House would extend a license to allow U.S. companies to do business with Chinese telecom firm Huawei competed with reports that said Beijing was skeptical about reaching a broad deal anytime soon.U.S. equities are showing their sensitivity to any developments on trade after months of closely followed negotiations. Today’s records extended gains from last week, when White House economic adviser Larry Kudlow said U.S.-China talks were nearing the final stages.“I don’t know how many times we’ve seen optimism turn into pessimism,” said Jerry Braakman, chief investment officer of First American Trust in Santa Ana, California, which manages around $1.7 billion. “If it was easy, it would already be signed.”Meanwhile, the dollar extended a slide after Federal Reserve Chairman Jerome Powell met with President Donald Trump and Treasury Secretary Steven Mnuchin on Monday to discuss the economy. Japanese and Chinese equities closed higher, while stocks slipped in India and Australia. Hong Kong’s market outperformed even as unrest in the city continued.Most members of the Stoxx Europe 600 Index fell. The pound jumped as the Conservative Party maintained its poll lead less than a month before U.K. elections.China’s yuan dipped after the country’s central bank lowered borrowing costs on short-term loans for the first time since 2015 and injected $26 billion into the financial system. The moves were seen as aimed at shoring up confidence following a string of poor data in the second-biggest economy.On the energy front, Saudi Arabia set an IPO valuation target for Aramco well below the kingdom’s goal of $2 trillion and pared back the size of the sale. It looks set to rely on local investors after most international money managers balked at even the reduced price target.Here are some key events coming up this week:U.S. economic indicators due for release include housing starts Tuesday and initial jobless claims on Thursday.Britain holds its first televised leadership debate before next month’s election Tuesday.Federal Reserve speakers this week include district bank presidents John Williams, Loretta Mester and Neel Kashkari.European central bankers speaking this week include European Central Bank President Christine Lagarde, Bundesbank chief Jens Weidmann, along with Yves Mersch, Luis de Guindos, Pablo Hernandez de Cos and Philip Lane.China announces its loan prime rates, a benchmark for borrowing costs, on Wednesday.These are the main moves in markets:StocksThe S&P 500 Index rose less than 0.1% at the close of trading in New York.The Stoxx Europe 600 Index was little changed.Hong Kong’s Hang Seng Index jumped 1.3%.CurrenciesThe Bloomberg Dollar Spot Index fell 0.1%.The euro strengthened 0.2% to $1.1075.The Japanese yen rose 0.1% to 108.65 per dollar.The offshore yuan sank 0.3% to 7.0254 per dollar.The British pound gained 0.5% to $1.2955.BondsThe yield on 10-year Treasuries dipped two basis points to 1.81%.Britain’s 10-year yield rose two basis points to 0.75%.Germany’s 10-year yield was little changed at -0.34%.Italy’s 10-year yield fell two basis points to 1.21%.CommoditiesWest Texas Intermediate crude decreased 1.5% to $56.84 a barrel.Gold rose 0.2% to $1,471.77 an ounce.\--With assistance from Michael Msika, Andreea Papuc and Todd White.To contact the reporters on this story: Claire Ballentine in New York at cballentine@bloomberg.net;Vildana Hajric in New York at vhajric1@bloomberg.netTo contact the editors responsible for this story: Samuel Potter at spotter33@bloomberg.net, ;Jeremy Herron at jherron8@bloomberg.net, Brendan WalshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Reuters
GLOBAL MARKETS-Dollar slips, stocks ease on fresh doubts on trade deal
The dollar slipped and global equity markets traded little changed on Monday, halting a rally that lifted a key index to just under a new high, after a media report cast fresh doubts on reaching phase one of a U.S.-China trade deal. The safe-haven Japanese yen gained and gold prices erased losses after a CNBC report said the mood in Beijing about a trade deal is pessimistic due to U.S. President Donald Trump's reluctance to roll back tariffs on Chinese imports. The dip left MSCI's all-country world index up 0.11%, close to a peak set in January 2018.
- Reuters
GLOBAL MARKETS-Shares inch towards record high as China trims key rate
World shares were within touching distance of a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015. The news helped Asia's main markets get the week off to a solid start.
- FX Empire
Asian Shares Mostly Higher; Hang Seng Jumps on Stimulus Expectations
The markets were propped up by optimism over a possible U.S.-China trade deal, however, most investors were still awaiting concrete signs of progress in the trade talks. Sentiment in Asia got a lift after China’s central bank unexpectedly trimmed a closely watched lending rate on Monday, the first such cut in more than four years and a signal to markets that policymakers are ready to act to prop up slowing growth.
- Benzinga
Asian Markets Wrap: Hong Kong, China, Japan, South Korea, Singapore, And More
Markets across Asia Pacific saw a mix of green and red on Monday, but those in China and Hong Kong made particularly impressive gains. Markets in Hong Kong have gone up in spite of the rising escalations ...
- MarketWatch
Asian markets mostly rise as traders cautiously await trade developments
Asian shares were mixed Monday in a cautious mode after Wall Street closed out the week with milestones as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs.
- TheStreet.com
[video]Dow Futures Hold Past 28,000 Mark After China Rate Cut, US Trade Talk Comments
Wall Street futures edged higher Monday, while global stocks recorded firm gains across the board, as investors extended bets on a near-term U.S.-China trade deal and reacted to a rare rate cut from from Beijing that lifted Asia markets.
- FX Empire
Asia Pacific Shares Mixed: Violence Pressures Hang Seng, Weak Data Drives Shanghai, Nikkei Lower, Aussie Stocks Rise on Rate Cut Hopes
Protests in Hong Kong drove the Hang Seng Index down 4.79% last week with a violent turn Monday. China’s industrial output grew significantly slower than expected in October. The Nikkei was pressured by a report that showed growth in Japan’s economy ground to a near standstill in the third quarter. Shares in Australia were unpinned last week after disappointing October jobs data raised the chances of another rate cut by the Reserve Bank of Australia (RBA) in the coming months.
- Bloomberg
U.S. Stocks Reach Records, Bonds Fall on Trade: Markets Wrap
(Bloomberg) -- Stocks rose to all-time highs and Treasuries edged lower after an American official hinted that the U.S. and China are close to locking down a partial trade deal. The dollar declined.The S&P 500 reached another record and gained for the sixth week in a row, the longest streak in two years, after White House economic adviser Larry Kudlow said late Thursday negotiations between the two countries were nearing the final stages. Both the Dow Jones Industrial Average, which past 28,000 for the first time, and the Nasdaq Composite also hit all-time highs.Health care companies as well as trade-sensitive tech shares led the advance. Applied Materials Inc. surged after the maker of chip equipment boosted its sales forecast.The benchmark 10-year Treasury yield rose for the first time this week, while the dollar dropped for a second day following a mixed bag of retail sales figures and weak factory numbers. The yen fell along with gold.“The markets have priced in the fact that it may not get done even though you’ve seen it move higher. But if you look at whenever they say ‘trade war is on, trade tariffs are off,’ -- if you look at that maneuver, it’s volatile to a point but it’s not significant,” Matt Lloyd, chief investment strategist at Advisors Asset Management, said by phone. “Most of us have gotten used to it. We’ve re-calibrated. It’s like the boy who cried wolf.”Concerns about the chances of the U.S. and China completing a phase-one pact had propelled Treasuries earlier this week, and acted as a headwind to a stock rally that keeps taking American gauges to record highs. The S&P 500 closed slightly higher on Thursday, though a mixed bag of global economic data has also given investors plenty to think about.Elsewhere, European, emerging-market and Asian stocks gained. China’s yuan strengthened against the dollar.These are the main moves in markets:StocksThe S&P 500 Index rose 0.8% as of 4 p.m. New York time.The Stoxx Europe 600 Index climbed 0.4%.The MSCI Asia Pacific Index gained 0.6%.The MSCI Emerging Market Index rose 0.7%.CurrenciesThe Bloomberg Dollar Spot Index dipped 0.2%.The euro gained 0.3% to $1.1054.The British pound rose 0.2% to $1.2904.The onshore yuan increased 0.3% to 7.0043 per dollar.The Japanese yen dipped 0.2% to 108.68 per dollar.BondsThe yield on 10-year Treasuries gained one basis point to 1.83%.Germany’s 10-year yield increased one basis point to -0.34%.Britain’s 10-year yield advanced two basis points to 0.725%.Japan’s 10-year yield decreased less than one basis point to -0.068%.CommoditiesWest Texas Intermediate crude rose 1.6% at $57.70 a barrel.Gold fell 0.3% to $1,468.40 an ounce.\--With assistance from Namitha Jagadeesh, Samuel Potter and Claire Ballentine.To contact the reporters on this story: Randall Jensen in New York at rjensen18@bloomberg.net;Vildana Hajric in New York at vhajric1@bloomberg.netTo contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Yakob PeterseilFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- FX Empire
Global Markets Edge Higher, Trades Hopes Are Stoked, Weak Data Points To Further Slowing
Global markets edge higher on trade hopes but still no deal in sight, traders are warned to expect too much from the deal when and if it comes.
- FX Empire
Asian Shares Firm after Kudlow Says Phase One Trade Talks in Final Stages
Later on Thursday, White House economic adviser provided another ray of hope when he said negotiations over the first phase of a trade agreement with China were coming down to the final stages, with the two sides in close contact.
- Reuters
GLOBAL MARKETS-Stocks cheered by trade deal hopes but caution prevails
Asian stocks jumped on Friday, lifted by White House comments that suggested the possibility of an imminent trade deal between Washington and Beijing, which revived hopes that their tariff war may be nearing an end. The buoyant mood looked set to extend to Europe, where pan-region Euro Stoxx 50 futures rose 0.57% to 3,705, German DAX futures climbed 0.53% to 13,253.5, and FTSE futures inched up 0.36% to 7,322. U.S. S&P 500 e-mini stock futures also rose, adding 0.35% to 3,107.8 after the S&P 500 index finished at a record closing high on Thursday.
- TheStreet.com
[video]Dow Futures Suggest Fresh Record Highs as Trade Optimism Sweeps Global Stocks
Wall Street looks poised to test another series of fresh record highs Friday as global investors react to bullish comments on U.S.-China trade talks from a key White House adviser and continue to push equities higher in major markets around the world.
- MarketWatch
Asian markets gain after Kudlow says trade deal near
Asian markets advanced in early trading Friday after White House economic adviser Larry Kudlow said a U.S.-China trade deal was close.
