The dollar rose Monday and most Asian stocks slipped along with U.S. equity futures as traders weighed the implications of higher Treasury yields amid President-elect Joe Biden’s push for huge fiscal aid.
The dollar climbed a third day against major peers and Treasury futures were flat. Japan’s equity market is shut for a holiday and cash Treasuries won’t trade until the London open. China stocks underperformed, while South Korea pared an advance of as much as 3.6%. S&P 500 and European futures ticked lower.
U.S. stocks hit a record Friday after Biden said he’ll lay out proposals this week for trillions of dollars in fiscal support to counter the economic toll of surging virus cases. Oil pared some of last week’s jump and gold fell further.
Nikkei Closed Hang Seng +0.21% CSI -0.71% Shanghai -0.89% Shenzen -1.46%
Eur$ 1.2220 CNH 6.4857 CNY 6.4857 JPY 104.20 GBP 1.35 CHF 0.8887 RUB 74.5612 TRY 7.3845 WTI$ 51.66 --1.09%
S&P -0.65% Nasdaq -0.49% EuroStoxx -0.30% FTSE -0.18% Dax -0.32% SMI -0.24%
Macro :
- Europe Stocks Post Best Start to Year Since 2009 on Stimulus Bet
- What to Watch in Commodities: OPEC, Gold, Gundlach, Crops, China
- North Korea Greets Biden With Plans to Boost Nuclear Arsenal
- Two-Day Bitcoin Plunge Shakes Faith in Cryptocurrency Boom -- BTC 35,200
- Morgan Stanley Raises European Energy Shares on Value Rotation
Keep an eye on :
- AIR FP : Airbus Unit Gets Regulator Approval for Ticket-Price Platform
- AIR FP : Airbus Delivered 566 Aircraft in 2020 Including 446 A320
- ADX SM : Spain Textile Retailer Mayoral Buys 6% Stake in Audax: Expansion
- BSLN SW : Basilea Prelim FY Revenue About CHF128M
- BCART BB : Biocartis Meets ‘20 Installed Base, Cartridge Volume, Cash Goals
- BMW GY : BMW Beats Lexus, Mercedes-Benz for 2020 U.S. Luxury-Sales Crown
- BDRILL NO : Borr Drilling Adds $35.1M Over About 480 Days to Total Backlog
- CAI AV : Starwood’s BidCo to Begin Public Offer for Rest of CA Immo
- CCL US : Carnival’s Aida Extends Pause of Cruise Season Through February
- ACA FP : Credit Agricole, F2i Sign Deal on EF Solare Stake
- LOUD GY : DEAG Plans Delisting After Apeiron Investment Unit Offer
- DBK GY : Deutsche Bank Is Said to Agree to Pay $100 Million Over Bribery Violations
- DTE GY : Deutsche Telekom Preparing Sale of T-Mobile’s Dutch Unit: FD
- EZJ LN : EasyJet Announces $1.87B New Five-Year Term Loan Facility
- ELE SM : Endesa Mulls Buying Pitma’s Aldro: El Confidencial
- ENT LN : IAC Chairman Doubts MGM Resort’s Bid for Entain Will Succeed: FT
- ERICB SS : Samsung Escalates Ericsson 5G Royalty Fight With U.S. Trade Case
- ENX FP : Euronext Says Trading on Optiq Segment IDD Halted
- FCA IM : Fiat Idles Plants in Canada, Mexico to Cope with Chip Shortage
- FCA IM : S&P Welcomes Fiat Chrysler to the High Grade Club: Credit React
- FISV US : Fiserv ‘Considerably Undervalued’ Given Clover Unit, Cowen Says
- FTK GY : FlatexDEGIRO Sees Customer Base Growing to at Least 1.6M in 2021
- HEIJM NA : FrieslandCampina Appoints Hans Janssen Finance Chief From May 1
- INTC US : Samsung Surges After Intel Is Said to Consider Chip Outsourcing
- INP FP : Interparfums Sa: Interparfums signs a purchase option for the acquisition of its future headquarters
- MCRO LN : Micro Focus CFO Brian McArthur-Muscroft Intends to Leave
- NIO US : China EV Maker Nio to Unveil New Sedan as Valuation Eclipses GM
- NOKIA FH : Nokia Gets Tele2 Order for 5G Core Deployment in Sweden, Baltics
- OVS IM : OVS Says Assignment of Stefanel Assets Confirmed
- RNO FP : Renault to Revive Bestselling Cars With Electric Makeover: Rtrs
- REP SM : Repsol, Critera Sell Stakes in E-Motorbike Maker: Economista
- RDSA LN : Shell Restarts Prelude FLNG Production After 11-Month Shutdown
- RMG LN : Royal Mail to Name Simon Thompson as CEO: Sky News
- SAE GY : Shop Apotheke Prelim FY Revenue EU968.2M
- SUN SW : Sulzer to Buy Nordic Water For CHF128M
- TMV GY : TeamViewer Prelim FY Adjusted Ebitda Margin About 56%
- TGS NO : TGS 4Q Net Revenue $118M