Asian stocks rose along with U.S. and European equity futuresMonday, aided by signs that China may take steps to boost its economy. The pound fell on an omicron warning from U.K. Prime Minister Boris Johnson.
Economists predictChina will start adding fiscal stimulus in early 2022. Oil and iron ore rallied.
S&P 500, Nasdaq 100 and European futures climbed. U.S. shares closed at a record Friday after an inflation print that was high but in line with predictions.
The Federal Reserve on Wednesday is expected to speed up stimulus withdrawal, and perhaps open the door to earlier interest-rate hikes in 2022 if price pressures stay near a four-decade peak. U.S. Treasury yields edged up, taking the 10-year rate toward 1.50%. The dollar pushed higher.
About 20 central banks are due to hold meetings this week, including the Fed, the European Central Bank and the Bank of England. Those decisions have the potential to stir market swings, as traders evaluate the resilience of global reopening to less generous monetary settings and coronavirus challenges.
In cryptocurrencies, Bitcoin and Ether fell. An affiliate of Binance, the world’s biggest crypto exchange, withdrew its application for a license to run a digital-token exchange in Singapore.
Elsewhere, crude oil extended gains in the wake of its biggest weekly advance in more than three months.
Nikkei +0.71% Hang Seng +0.45% CSI +0.63% Shanghai +0.41% Shenzen +0.59%
Eur$ 1.1286 CNH 6.3659 CNY 6.3621 JPY 113.55 GBP 1.3230 CHF 0.9224 RUB 73.3441 TRY 14.0532 WTI$ 72.89 +0.60% Gold 1785.40 BTC 79,050 -900 ETH 4000 -125
S&P +0.34% Nasdaq +0.33% EuroStoxx +0.51% FTSE +0.27% Dax +0.42% SMI +0.28%
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Keep an eye on :
- ABNB US : Airbnb, Fortinet, Palo Alto Networks to Join Nasdaq-100 Index
- ABT NO : Aqua Bio Technology Offering Prices at NOK14/Share
- AIR FP : Lufthansa Warms to Airbus Freighter as It Plans Cargo-Fleet Hike
- AF FP : Air France-KLM to Redeem EU500 of EU4b State-Backed Loan
- AKSO NO : Aker Solutions Wins Feed Contracts for Valhall, King Lear
- AMG NA : AMG Sees FY2022 Ebitda $175M-$200M, Saw Above $150M
- AR4 GY : Aurelius Equity Opportunities Sells Wychem to Ascensus
- BOSN SW : Bossard Says Beat Grob to Depart at End April 2022
- CABK SM : Spain Has No Plans to Divest From CaixaBank, Calvino says
- CA FP : Moulin, Mulliez Families Still Eye Carrefour-Auchan Deal: BFM
- CSGN SW : Credit Suisse Seeks Access to Staff’s Personal Phones, FT Says
- CSGN SW : Credit Suisse Names De Ferrari Head of Wealth Management (1)
- DAI GY : Daimler CFO Remains Open Toward M&A Deals in Tech Shift: BZ
- BN FP : Danone Appoints Former Remy Cointreau CEO to Board
- DB1 GY : Deutsche Boerse Aims to Expand in Digital Assets: Handelsblatt
- DLTR US : Activist Mantle Ridge Seeks to Replace Entire Dollar Tree Board
- ENI IM : Italy Prosecutors to Drop Case Against Eni and CEO: Rtrs
- FCT IM : Fincantieri Preparing Offer for Oto Melara: Repubblica
- FORN SW : Forbo Completes Buyback Offer at Fixed Price of CHF1,745/Share
- FRA GY : Fraport Nov. Frankfurt Airport Passengers +341.5%
- GFC FP : Gecina to Appoint Ortega CEO Following April 21 General Meeting
- IDIA SW : Idorsia to Continue Open-Label Extension of Phase 3 MODIFY Study
- JUP LN : Jupiter Hires Robey Warshaw for Possible Bid Defense, Sky Says
- JYSK DC : Jyske Bank Joins OMX Copenhagen 25 Index; SimCorp Leaves
- JYSKE DC : Jyske to Start Charging Customers Now Getting Free Services: JP
- MMB FP : Lagardere to Name Independent Expert to Evaluate Vivendi Offer
- NOBINA SS : Basalt Agrees to Buy Nobina for SEK108 Per Share in Cash
- NHY NO : Hydro Proposes Distributing 70-80% of 2021 Adj Net Income
- OCDO LN : U.S. Judge to Make Key Ruling on AutoStore and Ocado Patent Row
- ROG SW : Roche Reports Positive Interim Data From Phase III Haven 6 Study
- RYA ID : U.K. Airline Bosses Ask for Government Help as Winter Travel Hit
- SAN FP : Sanofi Reports Positive Phase 3 Trial Data for Dupixent
- STLA IM : Italy to Phase Out Internal-Combustion Engine for Cars by 2035
- TIT IM : KKR May Bid on Telecom Italia Without Due Diligence, Stampa Says
- UCG IM : UniCredit CEO Tells Il Sole No M&A Moves on Table at the Moment
- UTDI GY : United Internet CEO Assesses Offers for Blocks of Shares
- VIFN SW : CSL Confirms in Talks With Swiss Company Vifor Pharma
- VVO LN : Vitol Takeover of Vivo Faces Shareholder Opposition, FT Reports
- VOW GY : VW, Bosch to Cooperate on Car Software, Handelsblatt Reports