Stocks and equity futures fell Wednesday as Chinese data fueled concerns about inflationary pressures in the global economy. Treasury yields climbed ahead of a report on U.S. consumer prices.
Shares fell in Japan, Hong Kong and China, where factory-gate prices grew at the fastest pace in 26 years and consumer-price inflation topped estimates. China’s property sector also continues to damp sentiment: developer Fantasia Holdings Group Co. plunged after resuming trading, while indebted China Evergrande Group faces its biggest payment test on a clutch of dollar bonds.
U.S. and European futures retreated after the S&P 500 declined for the first time in nine sessions, hurt by financial shares. The Nasdaq 100 underperformed, in part on Tesla Inc.’s loss of $199 billion in value on a host of negative news.
Longer maturity U.S. Treasuries pared a climb and the dollar ticked up. Earlier, the 30-year yield reach the lowest since July, with bonds supported by an unwinding of bearish bets.
Traders are awaiting Wednesday’s U.S. consumer-price inflation data, which may deliver the highest print since December 1990. Persistent price pressures that accelerate monetary-policy tightening are among the key risks for global stocks, which remain near record levels.
Oil was steady, while iron ore tumbled on dimming prospects for steel demand owing to China’s real-estate troubles. In cryptocurrencies, Bitcoin was trading below $67,000.
US After Hours Summary: PUBM +22.8%, RNG +22.4%, DASH +18.9%, SAIL +10.8%, DNUT +6.7% higher on earnings; POSH -26.1%, PRPL -25.3%, UPST -18.5%, COIN -12.8% lower on earnings; DASH also to acquire Wolt
Nikkei -0,61% Hang Seng -0.74% CSI -0.81% Shanghai -0.67% Shenzen -0.54%
Eur$ 1.1585 CNH 6.3921 CNY 6.3930 JPY 112.94 GBP 1.3558 CHF 0.9125 RUB 70.8148 TRY 9.7883 WTI$ 84.46 +0.37% Gold 1825.22 -0.36% BTC 66,400 -1.98% ETH 4,720 -1.65%
S&P -0,13% Nasdaq +0.01% EuroStoxx -0,02% FTSE -0,12% Dax -0,01% SMI-0.02%
Macro :
- Pfizer Asks U.S. to Make Covid Boosters Available to All Adults
Macro :
- Pfizer Asks U.S. to Make Covid Boosters Available to All Adults
- Fed Bubble Warning Mostly a Domestic Affair
Keep an eye on :
Keep an eye on :
- AALB NA : Aalberts Reports 10-Month Organic Rev Growth of 17.1% Y/Y
- ADS GY : Adidas FY Gross Margin Forecast Misses Estimates
- AED BB : Aedifica Boosts FY Dividend Per Share Forecast
- AGS BB : Ageas 3Q Net Income Beats Estimates
- AH NA : Ahold Delhaize Boosts FY Adjusted Operating Margin Forecast
- ALC SW : Alcon 3Q Core EPS Beats Estimates
- ALV GY : Allianz 3Q Operating Profit Beats Estimates
- AKE FP : Arkema Boosts FY Ebitda Forecast
- BARN SW : Barry Callebaut FY Sales Meet Estimates
- BEN FP : Beneteau 3Q Sales At Constant Exchange Rates -10.6%
- BCART BB : Biocartis 3Q Cartridge Volumes +29% Y/y
- BPOST BB : Bpost 3Q Adjusted Ebit Beats Estimates
- CA FP : Carrefour CFO Malige Says Grocer Doesn’t Need Consolidation
- CRI FP : Chargeurs 3Q Revenue EU172.9M Vs. EU169.7M Y/y
- COFLE IPO : Cofle to List on Euronext Growth Milan, IPO Price Set at EU13
- CCAP GY : Corestate 9M Adjusted Ebitda EU61M Vs. EU46.1M Y/y
- COIN US : Coinbase 3Q Rev. $1.31B, Est. $1.57B
- ACA FP : Credit Agricole Beats Estimates as Bad-Loan Provisions Decline
- DEZ GY : Deutz 3Q Adjusted Ebit EU14.1M Vs. Loss EU15.7M Y/y
- EDF FP : EDF 9M Organic Revenue +15.7%
- EOAN GY : EON’s Profit Jumps as Colder Weather Boosts Energy Demand
- EQT SS : *EQT STRIKES SECOND ACQUISITION SINCE IPO WITH DEAL TO BUY LSP
- EBS AV : Wellington Reveals Erste Group Stake as Syndicate Holding Falls
- EVT GY : Evotec Says $40M Payments from Bristol Myers Squibb Triggered
- SFER IM : Ferragamo’s Norsa Says FY Sales Analysts Estimates ‘Reasonable’
- GLJ GY : Grenke Boosts FY Net Income Forecast
- HAG GY : Hensoldt Sees FY Adjusted Ebitda Margin Above 18%, Saw About 18%
- H24 GY : Home24 Sees FY Rev. Ex-FX +28% to +32%, Saw +28.0% to +38%
- ICA SS : ICA-Handlarnas Forbund, AMF to Buy ICA for SEK534 a Share
- INDV LN : Indivior Shareholder Scopia to Sell 3.0% Stake Via Placing
- IFX GY : Infineon Sees 1Q Segment Result Margin About 21%, Est. 19.3%
- JEN GY : Jenoptik 3Q Ebitda Beats Estimates
- JUN3 GY : Jungheinrich Maintains FY Ebit EU340M to EU370M
- LEG GY : LEG Immobilien Sees 2022 FFO I EU450M to EU460M
- LEO GY : Leoni 3Q Adjusted Ebit EU29M Vs. Loss EU8.0M Y/y
- LUN DC : Lundbeck 3Q Core Ebit Beats Estimates
- DRLO DC : Noble, Maersk Drilling to Combine in All-Stock Transaction
- NEOEN FP : Neoen 3Q Revenue EU77.7M Vs. EU66.9M Y/y
- PPGN SW : PolyPeptide Group Holder Draupnir Offers ~1.33M Shares: Terms
- PPGN SW : PolyPeptide Group Holder Draupnir Offers ~1.33M Shares: Terms
- ROTH FP : Rothschild & Co 3Q Revenue EU666.7M Vs. EU403.7M Y/y
- RUI FP : Rubis 3Q Revenue EU1.20B
- S92 GY : SMA Solar 9M Ebitda EU52.9M Vs. EU41M Y/y
- SO FP : Somfy Appoints Tobias Schaper as CFO
- SF SS : Stillfront 3Q Ebit Misses Estimates
- SAX GY : Stroeer 3Q Adjusted Net EU56.2M Vs. EU35.7M Y/y
- STLN SW : Swiss Steel Group 3Q Revenue EU765.0M Vs. EU509.4M Y/y
- SYAB GY : Synlab Sees FY Adjusted Ebitda Margin Above 30%, Saw About 30%
- UBI FP : Unity to Buy Weta Digital
- VIV FP : Vivendi to Expand in TV and Movies, Publishing, Advertising: CEO
- VOE GY : Voestalpine 2Q Ebitda Misses Estimates
- VOW3 GY : VW Plots New German Electric Car Factory to Counter Tesla
- WAWI NO : Wallenius Wilhelmsen 3Q Total Revenue Misses Estimates