Asian stocks rose Friday along with U.S. and European futures as rallies in Japan and Chinese technology shares brought some relief from the economic growth concerns that shadowed global equities this week.
A Hong Kong gauge of Chinese tech names jumped more than 2% in the wake of a clarification by a newspaper that China has slowed rather than frozen new game approvals, the latest twist in Beijing’s regulatory crackdown.
Traders were also evaluating a telephone call between President Joe Biden and China’s Xi Jinping to see if the increasingly adversarial relationship between the two sides could be repaired. The Shanghai Composite Index was on track for the highest close since 2015 and the offshore yuan ticked higher.
The S&P 500 overnight posted its longest losing streak since June, hurt by concerns about slower economic reopening due to the delta virus strain. Treasuries trimmed gains and the dollar dipped. Oil trimmed a weekly loss and a broad rally in base metals gathered steam.
US After Hours After Hours Summary: Biden releases COVID plan ahead of speech tonight; APLS -31.1% falls on clinical data; AFRM +19.5% and PLAY +7.4% rise on earnings; AOUT -7.2% and ZUMZ -3.7% fall on earnings
Nikkei +1.04% Hang Seng +1.67% CSI +1.12% Shanghai +0.59% Shenzen +0.52%
Eur$ 1.1829 CNH 6.4429 CNY 6.4473 JPY 109.88 GBP 1.3849 CHF 0.9168 RUB 72.85 TRY 8.4477 WTI$ 68.52 +0.56% Gold 1,797.80 +0.18% BTC 46,700 +445 ETH 3,465 +33
S&P +0.26% Nasdaq +0.20% EuroStoxx +0.24% FTSE +0.32% Dax +0.18% SMI -0.28%
Macro :
Macro :
- BofA’s Subramanian Likens S&P 500 to 36-Year, Zero-Coupon Bond
- Fed’s Bowman: Taper Likely This Year If Economy Stays on Track
- Fed’s Bowman: Taper Likely This Year If Economy Stays on Track
- ECB Slows Crisis Stimulus in Shift Lagarde Says Isn’t Taper
- Bain Capital Files to Create Crypto Investment Fund: The Block
Keep an eye on :
Keep an eye on :
- AZA IM : Italy to Sell Alitalia Assets to Avoid EU Sanctions: Messaggero
- ATO FP : Eurofins Scientific to Replace Atos in CAC 40, Euronext Says
- BMPS IM : Paschi Brand Unlikely to Be Part of Deal w/UniCredit: Repubblica
- BMW GY : Mercedes, BMW, Volkswagen Set for Weak 3Q as the Chips Are Down
- CPINV FP : Care Property to Spend EU11.6m on Vulpia Care Project in Ixelles
- CTM SS : Catena Media Buys Assets From I15 Media for $45m Cash and Stock
- DAI GY : Mercedes, BMW, Volkswagen Set for Weak 3Q as the Chips Are Down
- DECB BB : Deceuninck Holders Allacha, Evalli to Offer Shares
- DTE GY : SoftBank to Borrow Almost $4 billion Against T-Mobile Stake
- DMYDB SS : Diamyd Medical Offering of 5.4m Shares Prices at SEK28/Share
- EQT SS : EQT Infrastructure Is Said to Explore Fenix Marine Services Sale
- EL FP : Facebook’s Smart Glasses Can Take Calls and Photos, But Lack AR
- ERF FP : Eurofins Scientific to Replace Atos in CAC 40, Euronext Says (1)
- ENX FP : Euronext to Add Malin Corp. to ISEQ Index in Quarterly Review
- HOLN SW : Holcim to Sell Brazil Ops to CSN for $1.025b Enterprise Value
- LXI LN : LXi Is No Longer Pursuing Potential Merger With Secure Income
- MOVE SW : Medacta 1H Adjusted Ebitda EU56.6M Vs. EU32.1M Y/y
- NESN SW : Nestle Targets Mature Businesses for M&A, Not Startups, CFO Says
- NDA SS :Nordea’s Top Holder Continues Exit With $880 Million Stake Sale
- NDA SS : Nordea Bank Offering by Holder Prices at About EU10.21/Share
- NHY NO :New Fortress to Supply Gas to Norsk Hydro’s Alunorte Refinery
- ROG SW : Roche Voting Shares Hit 10-Year High Versus Non-Voting Stock
- RUI FP : Rubis 1H Net Income EU136M Vs. EU139M Y/y
- SAMPO FH : Sampo to Launch Share Buy-Back Program No Later Than Nov. 3
- SAN FP : EU Regulator Gives Nod to Two Added Sites for Pfizer Vaccine
- SAN FP : EU Regulator Gives Nod to Two Added Sites for Pfizer Vaccine
- TTALO FH : Terveystalo Offering by HC Holding Prices at EU11.20/Share
- TTE FP : TotalEnergies Port Arthur Oil Refinery Shuts on Steam Loss
- UCG IM : Paschi Brand Unlikely to Be Part of Deal w/UniCredit: Repubblica
- VOW3 GY : Mercedes, BMW, Volkswagen Set for Weak 3Q as the Chips Are Down