Asian stocks rose Thursday as U.S.-China talks helped sentiment and bolstered the offshore yuan. Treasuries rallied ahead of a U.S. inflation report that may provide clues on the monetary policy outlook.
Japanese, Chinese and Hong Kong shares advanced along with U.S. equity contracts. The S&P 500 again flirted with a record before slipping, continuing a pattern of range-bound trading also evident at a global level.
The offshore yuan climbed after the Chinese and U.S. commerce ministers agreed to push forward trade and investment links in their first call since the start of President Joe Biden’s administration. Separately, Biden revoked Trump-era bans on TikTok and WeChat. He ordered a review of software apps from foreign adversaries and action against those that pose a security risk.
The 10-year Treasury yield extended a slide below 1.5%, signaling support for the view that the rebound from the pandemic will stoke only a transient bout of elevated inflation. Australia’s 10-year yield declined. The dollar was steady.
US After Hours OXM +13.4%, RH +5.8% sharply higher on earnings; GME -12% falls on earnings, new CEO
Nikkei +0.32% Hang Seng +0.39% CSI +1.15% Shanghai +0.85% Shenzen +1.24%
Eur$ 1.2168 CNH 6.3816 CNY 6.3849 JPY 109.54 GBP 1.4110 CHF 0.8958 RUB 72.2457 TRY 8.5882 WTI$ 69.53 -0.61% Gold 1,886.12 -0.13% BTC 36,650 +125 ETH 2,530 -70
S&P +0.09% NAsdaq +0.04% EuroStoxx +0.12% FTSE +0.27% Dax +0.07% SMI -0.09%
Macro :
Macro :
- G-7 Stock Markets Imply Catastrophic Global Warming of 3°C
- U.K. Reports Most New Coronavirus Cases Since February
- U.K. Reports Most New Coronavirus Cases Since February
- U.K.’s Rules on Green Investing Aim to Be More Stringent Than EU
- U.K. May RICS House Price Index at 83 vs Est. 77
Spacs :
- NextNav in SPAC Merger to Become $1.2b Listed Company
Keep an eye on :
Keep an eye on :
- ABN NA : ABN Amro CEO Commercial Banking Daphne de Kluis to Step Down
- AKER NO : Aker Buys Norwegian Tech Company Prototech for Undisclosed Sum
- ALO FP : Alstom-Bombardier Consortium Wins EU1.3B Mexico Rail Contract
- ALT FP : Altice Taps MasMovil Among Bidders for $7.3b Portugal Sale: Rtrs
- AIXA GY :Aixtron Shares See Best Day in Over 3 Months After Guidance Hike
- CS FP : Axa to Pay EU300M to French Restaurant Owners on Covid: Parisien
- BFIT NA : Basic-Fit Convertible, Share Offering Order Books Covered: Terms
- BHG SS : Bhg Group to Buy 92.2% of Shares in HYMA Skog & Trädgård AB
- CPX LN : Cap-XX Says Performance is in Line With Market Expectations
- CMCX LN : CMC Markets to Launch New Personal Wealth Platform: Sky News
- DAI GY : Daimler Curbs Autonomous Tech Investments: Business Insider
- DBK GY : Deutsche Bank Promotes Darsney, Smolkin in Equity Underwriting
- DBK GY : Deutsche Bank Promotes Darsney, Smolkin in Equity Underwriting
- DRX LN : Drax Signs Carbon Capture Deal With Mitsubishi for Biomass Units
- FG SS : Fasadgruppen Group Offering by Holders Prices at SEK121.6/Share
- ITM LN : ITM Power Sees Earnings in Line With Expectations
- MAERSKB DC : Maersk Said to Narrow Bidders for $1 Billion Cold Container Unit
- NYF SS : Nyfosa Offers SEK750 m Shares via Nordea, Swedbank, 6.52m Shares Prices at SEK115/Share
- ALONX FP : Onxeo Gets Notice of Allowance for New Asidna Patent
- ORA FP : French Finance Minister to Speak With Orange CEO on Thursday
- PAN IM : Finpanaria Offer Crosses 90% of Panariagroup Share Capital
- RLF SW : Swiss SER Opens Investigation Against Relief Therapeutics
- RUI FP : Rubis to Launch 2nd Tranche of Share Buyback in 3Q
- SGRE SM : Siemens Gamesa Readies IPO of Spain’s Windar: El Confidencial
- GLE FP : SocGen Doesn’t See Retail M&A Opportunities in France, CEO Says
- SOI FP : SOITEC Sees 2022 Like-for-like Sales About +40%
- STLN IM : Stellantis Joins VW, Renault Facing French Charges Over Diesels
- SSL IM : S.S. Lazio Hires Maurizio Sarri as Coach
- TKTT FP : Tarkett Offer Will Run From June 10-July 9, AMF Says
- TIT IM : DAZN Rejects $609 Million Bid by Sky to Share Soccer TV Rights
- UMI BB : Umicore Offers EU127.91 per Share in Agosi Squeeze-Out
- VOLVB SS : Volvo Cars Could List at End of 3Q, Dagens Industri Reports
- VOW GY : VW’s Aksel in HB: Have Reached Lowest Point of Supply Crisis
- ZIGN SS : Zignsec Offers SEK100 m Shares via Vator Securities, 6.67m Shares Prices at SEK21/Share