Asian stocks climbed along with U.S. and European equity futures and the yen retreated after a number of countries reported the fewest deaths from the coronavirus since March. Crude oil fell.
Futures on the S&P 500 rose after the index gained on Friday even in the wake of a historic surge in American unemployment. One of the largest advances in the Asia-Pacific region came in Japan amid talk of a potential further supplementary budget to address the coronavirus impact. Hong Kong also outperformed, with Sydney, Seoul and Shanghai also seeing gains though volumes were down across the board. France, Italy and the U.K. all reported the fewest deaths since March, though South Korea warned of the risk of a second wave of infections. Treasuries ticked lower.
Nikkei +1.36% Hang Seng +1.71% CSI -0.08% Shanghai Shenzen -0.39%
Eur$ 1.0845 CNH 7.0920 CNY 7.0820 JPY 106.95 GBP 1.2419 CHF 0.9708 RUB 73.4379 TRYY 7.0739 WTI$ 24.46 -1.13%
S&P +0.21% Nasdaq +0.34% EuroStoxx +0.55% Dax +0.69% FTSE +0.96% SMI +0.40%
Macro :
- New York Fed’s GDP Model Sees 2Q U.S. GDP at -31.22%
- Conte Says EU Aid Is Insufficient, European Recovery Fund Needed
- Don’t Look to Stock Market to Tell You When Virus Crisis Is Over
- Morgan Stanley Considers Return to NYC Offices Starting in June
- Euro Area Agrees on $260 Billion Credit Lines to Stem Virus Blow
- OMX, CAC 40 Futures Roll Rich Before Expiration
Keep an eye on :
- AIXA GY : Aixtron to Appoint CFO, Grawert to Take Over as Sole CEO
- ALM SM : Almirall First Quarter Ebitda EU88.3 Mln, +10% Y/y
- ALV GY : Pimco Has Raised $5.5b for Private Credit Funds: Bus. Insider
- MT NA ; ArcelorMittal Cut to Junk by Moody’s With Steel Demand Crushed
- AFX GY : Carl Zeiss Meditec First Half Ebit EU102.5 Mln, -7.2% Y/y
- AM FP : Dassault Aviation CEO Sees Decline in Falcon Market This Year
- DBK GY : Deutsche Bank Eyes Savings on Travel, Offices, Leukert Tells FAS
- HLDX SS : Haldex to Raise Around SK157.2M in Directed New Share Issue
- HEN GY : Henkel 1Q Sales EU4.93b, Est. EU 4.95b; No FY Outlook
- HYQ GY : Hypoport SE First Quarter Ebit EU10.5 Mln, +31% Y/y
- INTRUM SS : Europe’s Top Debt Collector Sparks Worry Over Buyback, Debt Goal
- SHBA SS : Handelsbanken Blocks Some Countries to Avoid Laundering, DI Says
- LHN SW : LafargeHolcim Ends Pact to Sell Philippine Unit to San Miguel
- LEG GY : LEG Immobilien Maintains FY FFO I EU370 Mln to EU380 Mln
- LHA GY : Lufthansa Investors At Odds With Terms of Looming State Bailout
- LHA GY : Lufthansa Swiss Unit Burning Through $3 Million a Day, NZZ Says
- NOVN SW : Coronavirus Test of Trump-Touted Malaria Drug May Report in July
- SAS SS : SAS Shareholder Wallenberg Wants Norway to Do More, DN Reports
- SOFF NO : Solstad Offshore Signs Restructuring Implementation Agreement
- SNBN SW : SNB’s U.S. Stock Hoard Slips to $94 Billion Amid Market Rout
- SNBN SW : SNB Stepped Up Interventions and Can Lower Rates, Jordan Says
- SNBN SW : SNB Can Function With Negative Equity: Jordan in Matin Dimanche
- TEF SM : *BANKS SET TO AGREE EU4.5B LOAN TO TELEFONICA: EXPANSION
- TSLA US : Tesla Threatens to Pull Out of California Over County’s Shutdown
- TSLA US : Tesla Has 4 Billion Yuan Working Capital Loan for Shanghai Plant
- TSLA US : Tesla Gets Rejected; Ford, GM Green Light
- UN01 GY : Fortum Increases Ownership in Uniper to 73.4%
- WDI GY : Wirecard Expands Management Team in Bid to Revive Investor Trust