Treasuries slipped and Asian stockswere mixed Wednesday as investors calibrated economic risks from elevated inflation. New Zealand implemented its biggest interest-rate hike in 22 years to quell price pressures. Japan shares gained but Hong Kong and China wavered. Signals from futures were muddy: S&P 500 and Nasdaq 100 contracts rose but Europe’s dipped. New Zealand’s dollar was among the best performers in the Group-of-10 currency basketfollowing a half-point rate rise that again highlights the trend of sharp monetary tightening across a range of economies. The U.S. session Tuesday was shaped by inflation data, which came in at 8.5% for the headline number -- the highest in four decades -- but was better-than-expected at the core level, which excludes volatile food and energy prices. Treasuries trimmed an advance that was sparked by the core reading. While the latter prompted traders to pare back expectations on how aggressively the Federal Reserve will raise interest rates, cost pressures remain a big risk. A dollar gauge was steady. In commodities, oil topped $100 a barrel after Russian President Vladimir Putin vowed to continue the war in Ukraine and China partially eased Covid curbs. US After Hours NSTG -30.2% falls on weak guidance; PYPL -1.6% CFO to become Walmart CFO; AFMD +5.3% trades higher
Nikkei +1.94% Hang Seng +0.89% CSI +0.20% Shanghai +0.27% Shenzen -0.29%
Eur$ 1.0835 CNH 6.3753 CNY 6.3658 JPY 125.53 GBP 1.3010 CHF 0.9325 RUB 85.3360 TRY 14.5862 WTI$ 100.37 -0.23% Gold 1969.54 +0.14% BTC 40,032 +1.25% ETH 3047.72 +2%
S&P +0.74% Nasdaq +1.02% EuroStoxx 0.08% FTSE +0.03% Dax -0.21% SMI -0.03%
Macro :
- London’s Singing Rainmaker Robey Has No Plans to Slow Down, Sell
- U.S. Prepares Massive New Surge of Military Aid to Ukraine
- Top Oil Merchant Vitol Will Stop Trading Russian Crude
- *CHINA MARCH TRADE BALANCE $47.38 BLN; EST. $21.70 BLN
Keep an eye on :
Keep an eye on :
- AI FP : Air Liquide Sells Industrial Merchant Business in UAE, Bahrain
- ATL IM : Benettons, Blackstone Bid for Atlantia Said to Exceed EU22/Shr
- BALN SW : Baloise Hit by Cyber Attack, Primarily Affecting Basler
- BPM IM : JPMorgan Has 6.5% Stake in Banco BPM: Consob
- BARN SW : Barry Callebaut First-Half Sales Beat Estimates in Rebound
- RBOS GY : Bosch beats out other bidders to acquire Five.ai: It was a match made in self-driving car heaven: Five was looking for a buyer and Bosch is a big player in the space.
- CSGN SW : Credit Suisse Investors Told Not to Clear Board of Liability
- GSF LN : Gore Street Energy Storage Fund Offering Prices at GBp110/Share
- HOFI SS : Hoist Finance Divests U.K. Credit Management Subsidiary
- IBE SM : Iberdrola Seeks Partners for German Wind Assets: Expansion
- IMPN SW : Implenia’s Arge Gubri JV Gets CHF184M Zurich Tunnel Contract
- TKWY NA : Just Eat France to Cut 269 Permanent Delivery Jobs: Le Figaro
- SDF GY : EU Fertilizers Face Higher Carbon Costs as Prices Surge on War
- MC FP : LVMH Overcomes China Lockdown on Leather, Key Sector Jump: React
- MOWI NO : Mowi Preliminary 1Q Ebit Rises to About EU207M
- OCI LN : Oakley Plans to Sell German Cloud Computing Firm Contabo: Rtrs
- OCI LN : Oakley Plans to Sell German Cloud Computing Firm Contabo: Rtrs
- TECN SW : Tecan Group Fails to Get AGM Nod for Renewal Authorized Capital
- TIT IM : Apax, Iliad May Bid for Telecom Italia’s ConsumerCo: Messaggero
- YARA NO : EU Fertilizers Face Higher Carbon Costs as Prices Surge on War
- FHZN SW : Zurich Airport March Passenger Traffic +478.4%