Stocks rose with U.S. and European equity futuresFriday, bringing some relief for shares from the inflation fears still roiling Treasuries.
MSCI Inc.’s Asia-Pacific gauge posted its biggest rise this week, bolstered by Japan’s bourse and Chinese technology stocks. The view that the worst of Beijing’s regulatory blitz has passed helped sentiment. U.S. and European contracts pushed higher after the S&P 500 snapped a two-day slide.
The dollar held a rally in the wake of the inflation print and caution triggered by a U.S. warning that Russia may be weighing a potential invasion of Ukraine. Oil and gold slipped, while Bitcoin was steady.
The dollar held a rally in the wake of the inflation print and caution triggered by a U.S. warning that Russia may be weighing a potential invasion of Ukraine. Oil and gold slipped, while Bitcoin was steady.
President Xi Jinping delivered the first doctrine on Communist Party history by a Chinese leader in 40 years, giving him a mandate to potentially rule for life. Xi’s “common prosperity” drive to curb inequalities has spawned overhauls that whipsawed Chinese sectors ranging from technology to property.
But there are tentative hopes the strictures may ease, with Goldman Sachs Group Inc. predicting a brighter outlook for Chinese equities. It said onshore and offshore stocks will return 16% and 13% in the next 12 months respectively.
US After Hours BLNK +5.8%, FLO +2.5% higher on earnings; RIDE -11%, LHDX -10.9%, BEEM -9% lower on earnings
Nikkei +0,97% Hang Seng +0,22% CSI -0,31% Shanghai -0,01% Shenzen +0,13%
Eur$ 1,1440 CNH 6,3919 CNY 6,3961 JPY 114,26 GBP 1,3360 CHF 0,9224 RUB 71,6931 TRY 9,9735 WTI$ 81,05 -0,60% Gold 1856,60 -0,30% BTC 65,000 ETH 4770 +25
S&P +0,12% Nasdaq +0,19% EuroStoxx +0,07% FTSE +0,06% Dax +0,11% SMI
Macro :
- MSCI Says 111 Additions, 105 Deletions From MSCI ACWI Index
- U.S. Warns Europe That Russia May Plan Ukraine Invasion
- Macron and Draghi Have Plans to Fill the Void Left by Merkel
Keep an eye on :
- ACS SM : ACS 9M Net Income EU545M Vs. EU437M Y/y
- AGR LN : Assura Placing Priced at 68.0p/Share
- APAM NA : Aperam 3Q Adjusted Ebitda Beats Estimates
- ATL IM : Atlantia 9M Revenue EU4.57B
- CLNX SM : Cellnex Buys Back 820,000 Shares for EU42.9m
- CFR SW : Richemont 1H Operating Profit Beats Estimates
- CSGN SW : Credit Suisse on ‘Very Aggressive’ Hiring Spree: Financial News
- DAI GY : Daimler Truck Spinoff On Track, Mercedes Cars Set Free: React
- DEQ GY : Deutsche Euroshop 9M Revenue EU157.8M Vs. EU168.7M Y/y
- PBB GY : Deutsche PBB 9M Pretax Profit EU186M Vs. EU104M Y/y
- DTE GY : Deutsche Telekom Boosts FY Adj. EBITDA AL View, Beats Est.
- DTE GY : Deutsche Telekom Plans to Boost Dividend to 0.64 Euros/Share
- FCT IM : Fincantieri Sees FY Revenue +25% to +30%
- HUSQB SS : Husqvarna Settles With Briggs & Stratton to Avoid Supply Hit
- ICOS IM : Intercos 9M Rev. EU485.4M, +12.3% Y/Y at Constant FX
- KBC BB : KBC Group 3Q Net Fee And Commission Income Beats Estimates
- KBX GY : Knorr-Bremse Sees FY Operating Ebitda Margin 17.5% to 18%
- MRL SM : Merlin Properties 9M Net Income EU254.4M
- MC FP : Louis Vuitton Mulls 1st Duty Free Store in China’s Hainan: Rtrs
- NOVOB DC : Novo Expects to Launch Wegovy in Europe in Second Half of 2022
- PIRC IM : Pirelli FY Revenue Forecast Beats Estimates
- RENE PL : REN 9M Net Income EU68.4M Vs. EU76.1M Y/y
- RR/ LN : Rolls-Royce and SDCL Launch ‘Energy-As-A-Service’
- STM GY : Stabilus 2022 Revenue Forecast Misses Estimates
- TIT IM : Telecom Italia Examined Difficult Market Context, Challenges
- TLW LN : Tullow Uses Right to Boost Ghana Oil Stake After Kosmos Deal
- TXGN SW : TX Group, Ringier, Mobiliar, General Atlantic Are Launching JV
- UBI FP : Electronic Arts Jumps Ahead of Battlefield 2042 Early Access
- VPK NA : Vopak 3Q Adjusted Ebitda EU212.5M Vs. EU200.1M Y/y
- VOW GY : Court Denies Volkswagen Leave to Appeal A$125M Penalty: ACCC
- VOW GY : Volkswagen Financial Services Chair Santelmann to Step Down