Asian stocks advanced with U.S. futures amid a rally in China on Thursday after modest gains in the U.S., where a tame inflation report helped to keep Treasury yields and the dollar in check.
China’s CSI 300 index rallied the most in about two months, extending a rebound as the nation’s key week-long legislative meeting concludes. Technology stocks led a wider Asian rally. S&P 500 futures increased after the benchmark rose for a second day, with financial and materials shares leading as the rotation to value resumed. Nasdaq 100 contracts outperformed.
Ten-year Treasury yields held well below their recent one-year highs, as the market turned its attention from Wednesday’s tepid auction to the 30-year reopening Thursday. The dollar was flat. Crude climbed toward $65 a barrel.
US After Hours AMC +6%, BMBL +6% rise on earnings while ALTO -17%, CLDR -11% decline following earnings
Nikkei +0.60% Hang Seng +1.17% CSI +1.98% Shanghai +1.86% Shenzen +1.93%
Eur$ 1.1931 CNH 6.5021 CNY 6.4988 JPY 108.54 GBP 1.3936 CHF 0.9298 RUB 73.5455 TRY 7.5022 WTI$ 65.02 +0.90% GOLD 1,734 +0.45% BTC 55,630 -1250
S&P +0.56% Nasdaq +0.95% EuroStoxx +0.29% FTSE +0.39% Dax +0.34% SMI -0.10%
Macro :
Macro :
- Hedge-Fund Short Covering Seen as Big Driver of Nasdaq Rally
- U.S. Feb. Budget Deficit at $310.9b; Est. $-305b
- French Finance Minister Reiterates 2021 Growth Forecast of 6%
- TikTok Prompts EU Watchdog’s Warning on Data Being Sent to China
- TikTok Prompts EU Watchdog’s Warning on Data Being Sent to China
- U.K. Coronavirus Variant More Deadly, New Study Confirms
- VIX-Like Gauge for Bitcoin Sees Its First-Ever Options Trade (1)
Spacs :
- L Catterton Asia Acquisition Prices 25m Units at $10 Each in IPO
- Archimedes Tech Spac Partners Prices Upsized $120M IPO
- BuzzFeed Is Said to Be in Discussions to Go Public Via SPAC
Keep an eye on :
Keep an eye on :
- ABG SM : Abengoa Says in Talks on New Financing Transaction
- AZELIO SS : Azelio Offers 10.6m Shares, Azelio Offering of Shares Prices at SEK56/Share
- BAR BB : Elia, Melexis Join Belgium’s BEL20 Index, Replacing Barco, ING
- BETSB SS : Betsson Granted Online Sports Betting License in Germany
- BP/ LN : BP’s Trading ARM Made Nearly $4B in 2020: Reuters
- Coupang IPO : SoftBank-Backed Coupang Said to Price U.S. IPO Above Target, Prices 130m Shares at $35 Each in IPO
- ACA FP : Credit Agricole’s Leasing Unit To Cut 160 Jobs By 2022: Echos
- CSGN SW : Credit Suisse Risks Backlash From Investors in Greensill Funds
- DBK GY : Deutsche Bank’s Schuetz Exits After Scrutiny of Wirecard Trades
- EDF FP : France-EU Talks on EDF to Finish This Month: Reuters (March 10)
- ELI BB : Elia, Melexis Join Belgium’s BEL20 Index, Replacing Barco, ING
- ENX FP : Euronext Says There Are No Changes to PSI 20 Index in Review
- ENX FP : Euronext Says There Are No Changes to PSI 20 Index in Review
- RF FP : Eurazeo Sees Fundraising up in 2021/22, to Speed Up Asset Sales
- FRA GY : Fraport Feb. Frankfurt Airport Passengers -84.4% Vs. -80.9% M/M
- G IM : Generali Non Life Boosts Operating Profit; Impairments Hurt Net
- GSK LN : Vir, Glaxo Say VIR-7831 Cuts Death Risk for Covid-19
- HNR1 GY : Hannover Re 2021 Net Income Forecast Misses Estimates
- HTWS LN : Helios Towers FY Adj Ebitda Meets Ests; Offers $250m Conv. Bonds
- BOSS GY : Hugo Boss 4Q Ebit Meets Estimates
- INGA NA : Elia, Melexis Join Belgium’s BEL20 Index, Replacing Barco, ING
- DEC FP : JCDecaux Doesn’t Expect to Recover 2019 Rev. Level in 2021
- SDF GY : K+S: Riemensperger to Join Management Board as COO As of April 1
- KER FP : Kering Founder Becomes Latest Luxury Tycoon to Plow Into SPACs
- LXS GY : Lanxess Sees 2021 Adj Ebitda EU900M to EU1.00B, Est. EU972.6M
- LNZ AV : Lenzing FY Ebitda Meets Estimates
- LLBN SW : Liechtensteinische LB FY Oper Income CHF430.3M Vs. CHF452.7M Y/y
- LHA GY : Lufthansa to Start Asset Sales With Airplus Unit in Summer: Rtrs
- MAP SM : Spain’s Mapfre Is Said to Weigh Sale of Indonesian Insurer ABDA
- MKS LN : Marks & Spencer to Sell Rival Fashion Brands Online in Revamp
- MELE BB : Elia, Melexis Join Belgium’s BEL20 Index, Replacing Barco, ING
- MBTN SW : Meyer Burger FY Sales Miss Estimates
- MUX GY : Mutares Sells STS Group Stake to Adler Pelzer for EU7 a Share
- NDX1 GY : Nordex Gets Orders for 33MW From RWE’s French Subsidiary
- NOS PL : NOS 4Q Revenue Beats Estimates
- PIRC IM : Pirelli Sees 2021 Revenue EU4.7B to EU4.8B, Est. EU4.73B
- 1913 HK : +4.16% After Numbers
- PUB FP : Unilever Moves $30M of Advertising to Publicis From WPP: Insider
- RNO FP : Nissan’s Post-Ghosn Plan Will Hit Targets Early, COO Tells CNBC
- ROG SW : Roche Says REMDACTA Covid-19 Trial Did Not Meet Primary Endpoint
- SCHA NO : Schibsted Reiterates Financial Targets on Capital Markets Day
- SO FP : Somfy FY Current Operating Income Beats Estimates
- SRAIL SW : Stadler Rail Sees 2021 Ebit Margin Above 6%
- STORYB SS : Storytel Offers Up to 5.4m Shares, Storytel Offering of Shares Prices at SEK218/Share
- SF3 GY : Mutares Sells STS Group Stake to Adler Pelzer for EU7 a Share
- TIETO FH : TietoEVRY Share Sale Likely to Price at EU25.50 Each: Terms
- TOD IM : Tod's FY Net Loss EU73.2M, Est. Loss EU107.7M
- 8TRA GY : Traton Sees 2021 Operating Margin 5% to 6%
- UBER US : Uber Fails to Pay Some Electric Car Bonuses, Citing Glitch
- ULVR LN : Unilever Moves $30M of Advertising to Publicis From WPP: Insider
- VOW3 GY : Volkswagen-Backed Gett Exploring Merger With SPAC: Sky News
- WPP LN : Unilever Moves $30M of Advertising to Publicis From WPP: Insider
- WPP LN : *WPP 4Q COMP ORGANIC SALES -6.5%, EST. -7.31%, *WPP TO START GBP620M KANTAR SHARE BUYBACK IMMEDIATELY