^N225 - Nikkei 225
| Previous Close | 21,988.29 |
| Open | 21,947.59 |
| Volume | 0 |
| Day's Range | 21,878.63 - 22,041.08 |
| 52 Week Range | 18,948.58 - 24,448.07 |
| Avg. Volume | 60,095 |
- MarketWatch
U.S. stocks fall for second day as investors eye oil markets ahead of Fed meeting
U.S. stocks pare early losses midday Tuesday but attempts by major equity benchmarks to move decisively higher are limited by weakness in the energy sector amid reports that Saudi Arabia may recover sooner than expected after a weekend attack on its energy complex that drove crude-oil futures to the sharpest single-session rally since the 2008 financial crisis.
- Investor's Business Daily
Dow Jones Today: Spotlight On Oil Prices, Federal Reserve; Home Depot Stock Downgraded
Home Depot stock weighed on the Dow Jones today and oil prices eased somewhat after Monday's spike.
- Reuters
Tokyo shares end at 4-1/2-month high, energy sector up
Japan's Nikkei share average inched up to a 4-1/2-month closing high on Tuesday, as soaring oil prices triggered by attacks on Saudi crude facilities boosted oil and gas-related companies. Market players said risk appetite had not been affected in spite of Saturday's attack on Saudi oil facilities. Oil and gas-related companies led gains, with mining and oil & coal products the top two performing subsectors on Tokyo's main bourse, jumping 9.0% and 4.5%, respectively.
- TheStreet.com
Dow Futures Drift Lower, Crude Pares Gains As Markets Gear for Fed Rate Decision
Global stocks edged lower again Tuesday, following one of the biggest single-day declines in oil prices on record, as investors adopted a cautious stance on risk ahead of the Federal Reserve's two-day rate-setting meeting and the start of formal U.S.-China trade talks later this week.
- Barrons.com
‘Doomsday Scenarios’ Can Blow Up Your Investments. How to Prepare.
Financial advisors are beginning to prepare for some bad, but not unthinkable, “doomsday” scenarios, such as stagnant global growth as a result of record-high debt and record-low rates, or a deepened conflict between the U.S. and China.
- FX Empire
China’s Weak Industrial Production, Retail Sales Highlight Need for Easing Monetary Conditions
Chinese retail sales and investment gauges also worsened, reinforcing views that China is likely to cut some of its key interest rates this week for the first time in over three years to prevent a sharper slump in activity.
- TheStreet.com
Dow Futures Retreat, Global Stocks Fall After Saudi Oil Attacks, Weak China Data
Global stocks traded notably lower Monday, while oil prices surged the most in more than two decades, as an attack on two key Saudi Arabian oil facilities, as well as the weakest industrial output data from China in many years, hammered equity market sentiment.
- Financial Times
Thailand dangles 50% tax cut for manufacturers fleeing China
Thailand has announced a package of incentives, including a 50 per cent tax cut, for companies to relocate production to the slowing south-east Asian economy from China amid the Sino-American trade war. The incentives show Thailand jockeying for foreign investment against neighbours such as Vietnam as the country seeks to move its manufacturing sector into higher-value activities.
- Reuters
Japan to eliminate tariffs on U.S. wine in trade deal: Nikkei
Japan has agreed to phase out tariffs on U.S. wine imports as part of a bilateral trade deal expected to be signed at the end of the month, t1he Nikkei newspaper reported on Sunday. Japan will eliminate the tariffs on U.S. wine within five to seven years after the trade agreement goes into effect, the Nikkei reported without giving its sources. Japan taxes imported wine at a rate of 15% or 125 yen ($1.16) per litre, whichever is cheaper, according to the Nikkei.
- Bloomberg
U.S. Stocks End Mixed as Dollar, Bonds Decline: Markets Wrap
(Bloomberg) -- U.S. stocks finished the week mixed as Treasury yields jumped to six-week highs and the dollar slipped.All three major U.S. indexes still closed higher for a third consecutive week after being whipsawed by a rotation from growth to value shares by some investors. Apple weighed on the Nasdaq Friday. Equity indexes in Europe and Asia finished the week in the green thanks to easing trade fears and a new round of central bank stimulus.“We’re going to see volatility in the market,” said Alan Adelman, a senior fund manager at Frost Investment Advisors, which oversees $4.7 billion. “We’ve seen it this week -- it may not come in absolute price moves -- but we’re going to see volatility.”The pound posted the biggest weekly gain since May after the Times reported possible progress in Brexit negotiations related to the contentious Irish backstop. Prime Minister Boris Johnson will meet EU President Jean-Claude Juncker next week. The euro strengened this week and most government bonds retreated in the wake of the European Central Bank’s moves to support growth, with one policy maker saying a new easing package was a possible mistake.Optimism over a trade deal is growing ahead of expected high-level talks next month between the world’s two largest economies.“With holiday spending on the horizon and inflation at bay, we could continue to see momentum in the retail sector,” said Mike Loewengart, vice president of investment strategy at E*TRADE Financial Corp. “A healthy consumer can help inject some energy into other sectors of the economy. That said, trade tensions are a key focal point and rising tariffs between the U.S. and China could threaten this critical indicator.”Elsewhere, WTI crude fluctuated around $55 a barrel, poised for a weekly drop following a warning from the International Energy Agency of a “daunting” surplus of crude in 2020.Here are the main moves in markets: \--With assistance from Andrew Cinko and Laura Curtis.To contact the reporters on this story: Vildana Hajric in New York at vhajric1@bloomberg.net;Sarah Ponczek in New York at sponczek2@bloomberg.netTo contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Dave LiedtkaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- FX Empire
New Records For U.S. Indices In Sight, Cautious Markets Rise On Trade Hope, Retail Sales Are Hot
Global markets rise on trade hopes but new records for the indices and a trade deal may be elusive.
- Reuters
GLOBAL MARKETS-Asia shares at 6-week high on trade progress, ECB easing
TOKYO/HONG KONG, Sept 13 (Reuters) - Asian stocks climbed to their highest in six weeks on Friday, as signs of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped to calm fears of a global economic slowdown. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.5% to their highest since Aug. 1, while Japan's Nikkei rose more than 1.0% to four-month highs. Markets in mainland China and South Korea were closed for public holidays.
- Reuters
Nikkei climbs to new four-month high on U.S.-China trade hopes, ECB stimulus
Japan's Nikkei share average rose to a fresh four month-high on Friday, as hints of progress in the U.S.-China trade dispute and stimulus from the European Central Bank helped to counter lingering worries about a global economic slowdown. The benchmark Nikkei average gained 0.9% to 21,947.53 by the midday break, marking its highest since May 7. U.S. President Donald Trump later told reporters he may consider an interim trade deal with Beijing.
- Reuters
Nikkei climbs to new 4-mth high on US-China trade hopes, ECB stimulus
Japan's Nikkei share average rose to a fresh four month-high on Friday, as hints of progress in the U.S.-China trade dispute and stimulus from the European Central Bank helped to counter lingering worries about a global economic slowdown. The benchmark Nikkei average gained 0.9% to 21,947.53 by the midday break, marking its highest since May 7. U.S. President Donald Trump later told reporters he may consider an interim trade deal with Beijing.
- Reuters
BOJ seen ramping up stimulus this year, some bet on action next week: Reuters poll
An increasing number of economists expect the Bank of Japan to ramp up stimulus this year, with well over a third of them polled by Reuters betting the central bank would act next week. Japan is not alone in having to consider more stimulus, with central banks globally facing increasing pressure over the past few months to top up monetary support for their economies as the U.S.-China trade war hurts trade and business sentiment. Sources have told Reuters BOJ policymakers are more open to discussing the possibility of expanding stimulus at their Sept. 18-19 board meeting, and are also discussing ways of deeping negative rates at minimal cost.
- Reuters
REFILE-UPDATE 2-Toyota using Tesla-style Panasonic batteries for China hybrids - sources
Toyota Motor Corp has started using the same type of battery that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, sources familiar with the matter said. Toyota is using Panasonic's cylindrical batteries in its new Corolla and Levin plug-in hybrid sedans launched in China this year, one of the people said.
- TheStreet.com
Dow Futures Test Record Highs as Trade Tensions Ease, ECB Stimulus Ignites Bulls
Global stocks extended gains for a fourth consecutive session Friday, pulling Wall Street futures to within touching distance of their all-time highs, as investors cheer consistent signs of a breakthrough in U.S.-China trade talks and factored in the impact of the European Central Bank's latest stimulus effort.
- Reuters
GLOBAL MARKETS-Asian shares advance on U.S.-China trade progress, ECB easing
Asian stocks advanced on Friday as hints of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped counter worries about a global economic slowdown. MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.3% though mainland China and South Korea were closed for public holidays. Japan's Nikkei rose 1.0% to four-month highs.
- Reuters
UPDATE 1-Toyota using made-for-Tesla Panasonic batteries for China hybrids -Nikkei
Toyota Motor Corp has started using batteries that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, the Nikkei business daily reported on Friday. Toyota is using Panasonic's cylindrical batteries in its new Corolla and Levin plug-in hybrid sedans launched in China this year, the Nikkei said, without citing sources. Toyota, which also uses Panasonic's prismatic batteries for hybrids, is believed to have ordered about 50,000 of the cylindrical batteries, as the automaker struggles to secure stable supplies of high-quality batteries to meet growing demand, the paper said.
- Reuters
Global stocks, bond yields lifted by U.S.-China trade hopes
A gauge of global stocks rose for an eighth straight day and benchmark government bond yields climbed on Friday after signs of progress in U.S.-China trade talks, as well as a solid U.S. retail sales report, allayed recession worries. Financials were among the best performers, aided by the rise in bond yields. U.S. President Donald Trump said on Thursday he was potentially open to an interim trade deal with China, although he stressed an "easy" agreement would not be possible.
- Reuters
Toyota using Tesla-style Panasonic batteries for China hybrids: sources
Toyota Motor Corp has started using the same type of battery that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, sources familiar with the matter said. Toyota is using Panasonic's cylindrical batteries in its new Corolla and Levin plug-in hybrid sedans launched in China this year, one of the people said. The batteries are the same size as those that Panasonic makes for Tesla, but the composition is different, said the sources, who declined to be identified as the matter is private.
- Investor's Business Daily
Dow Jones Today Turns Red After China Tariffs, ECB Stimulus Boost; Activision, Visa Stock Rise
Visa stock ran on the Dow Jones today, as LKQ and Activision lead as stock turn mixed early Thursday, despite a positive ECB vote and fresh trade war news.
- Bloomberg
Stocks Edge Higher on Trade Optimism, ECB Stimulus: Markets Wrap
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Stocks eked out a gain on optimism about the outlook for a trade agreement between the U.S. and China and after Europe’s central bank announced a fresh round of stimulus.The S&P 500 Index closed just 0.5% below its all-time high after a report that American officials have discussed offering a limited trade agreement to China. That followed a decision by the European Central Bank to cut its main rate to minus 0.5% and buy 20 billion euros ($22 billion) of bonds a month. The euro gained and sovereign bonds were mixed.Any steps by China and the U.S. to ease tensions ahead of face-to-face talks in Washington in the coming weeks would support sentiment as investors await monetary decisions from more of the world’s major central banks. The ECB changed its guidance on interest rates to say they’ll stay at present or lower levels until the outlook for inflation “robustly” converges to its goal of just below 2%.“It’s a perfect storm of good news,” said Chris Gaffney, president of world markets at TIAA. “Investors are feeling relief now and feeling that perhaps things aren’t quite as bad as they seemed two months ago.”The Federal Reserve is due to meet next week as economic indicators give mixed signals about whether the record-long expansion will end soon. The dollar weakened.Elsewhere, European equities edged higher. Turkey’s lira rallied after its policy makers cut interest rates by more than forecast. Oil turned lower as the International Energy Agency warned OPEC it faces a “daunting” surplus of crude in 2020.Hong Kong equities bucked the advance in Asia, dragged lower by shares of the city’s exchange following a surprise takeover bid for its London counterpart.Here are the main moves in markets:StocksThe S&P 500 Index climbed 0.3% at the close in New York.The Stoxx Europe 600 Index rose 0.2%.The Nikkei-225 Stock Average rose 0.8% for its eighth straight gain, the best streak in a yearCurrenciesThe Bloomberg Dollar Spot Index slipped 0.2%.The euro rose 0.5% to $1.1065.The British pound rose 0.1% to $1.2339.The Japanese yen fell 0.3% to 108.14 per dollar.BondsThe yield on 10-year Treasuries rose four basis points to 1.78%.Germany’s 10-year yield rose five basis points to -0.52%.Britain’s 10-year yield rose three basis points 0.67%.Italy’s 10-year yield decreased 11 basis points to 0.86%.CommoditiesGold added 0.1% to $1,499.21 an ounce.West Texas Intermediate crude dipped 1.3% to $55.05 a barrel.Silver fell 0.2% to $18.08 per ounce.\--With assistance from Yakob Peterseil and Reade Pickert.To contact the reporter on this story: Vildana Hajric in New York at vhajric1@bloomberg.netTo contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Brendan Walsh, Dave LiedtkaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- FX Empire
Global Markets Rise On Trade Thaw, ECB Cuts Rates And Buys Bonds, Hong Kong Down On LSE Deal Scrutiny
Global markets rise on trade hopes and stimulus plans, the S&P; 500 is striking distance from new all-time highs.
