Asian stocks climbed on Monday together with U.S. and European equity futures ahead of the start of an earnings season that will provide more clues on how companies are coping with the pandemic. The dollar slipped.
Japanese shares outperformed, rising about 2%. Gains were more modest in Hong Kong, South Korea and Australia, while Chinese shares climbed after last week’s surge. S&P 500 futures edged up as investors await banks to report results. Oil retreated, and gold rose above $1,800 an ounce. Treasury yields ticked lower.
Euro Stoxx 50 futures climb 1.2% as of 5:42 am in London, tracking gains in Asian markets and in U.S. futures, as traders look out for corporate results and how companies are coping with the pandemic.
Shares in Japan outperform, with gauges in Hong Kong, South Korea and Australia all rising
S&P 500 futures climb 0.5% as investors await results due from major banks
Analog Devices (ADI) potential acquistions of MAxim (MXIM) in a 17bil deal is helping the markwet
Nikkei +2.01% Hang Seng +1.41% CSI +2.57% Shanghai +2.19% Shenzen +3.18%
Eur$ 1.1331 CNH 6.9970 CNY 6.9973 JPY 106.92 GBP 1.2661 CHF 0.9397 RUB 70.6423 WTI$ 40.26 -0.74%
S&P +0.65% NAsdaq +0.58% EuroStoxx +1.55% FTSE +1.12% Dax +1.69% SMI +0.97%
Macro :
- Goldman Boosts S&P 500 Earnings Outlook, Says Focus on Guidance
- It’s Bad for Stock Pickers If Fed Must Do More, Bernstein Says
- Europe Set to Give ‘Wake-Up Call’ to Bonds Stuck in Summer Lull
- Kudlow Says ‘Unwise’ for Americans to Invest in China Right Now
- OPEC Readies Next Move in Bid to Avoid Oil-Market Taper Tantrum
Keep an eye on :
- ARBN SW : Arbonia Sees 1H Ebitda Rise, ‘Disproportionate’ Jump in Ebit
- ATL IM : Atlantia Not Willing to Fully Exit Autostrade: CEO to Repubblica
- ATL IM : Conte: Govt Outlined Minimal Conditions for Autostrade Offer
- ATL IM : Atlantia Ready to Cut Stake in Motorway Unit Autostrade: Reuters
- ATL IM : Italy’s Autostrade Makes Offer to Settle Government Dispute (1)
- CCL US : Carnival Says Italian Cruises Could Be Next in Return to Sailing
- CSGN SW : Credit Suisse May Cut ‘Hundreds’ of Jobs, SonntagsZeitung Says
- DNB NO : DNB Second Quarter Net Income Beats Highest Estimate
- EZJ LN : EasyJet Accused of Risking Safety With Pilot Redundancy Plans
- ECONB BB : Econocom 1H Adjusted Ebita From Continuing Operations EU43 Mln
- ENEL IM : Italy Told Enel to Reach Telecom Italia Deal, Reuters Says
- EVK GY ; Evonik CEO Says 2Q Business Going Better Than Expected: RP
- EOAN GY : EON Sells Innogy’s Czech Retail Unit to Hungary’s MVM
- FCA IM : Fiat Chrysler Recalls 925,239 Older-Model Vehicles on Air Bag
- GFS LN : G4S Agrees Deferred Prosecution Agreement With U.K. SFO
- GALP PL : Galp Second Quarter Avg Working Interest Production 132.2 Kboepd
- IVA FP : *INVENTIVA SACA OPENS AT $15.13, IPO AT $14.40
- JDW LN : JD Wetherspoon Chairman Tim Martin Sold About GBP5m of Shares
- KER FP : U.S. Targets French Luxury, Beauty Giants in Tariff Retaliation
- LONN SW : Lonza Seeks EPA Approval for Claim Its Products Kill Covid: Rtrs
- MC FP : U.S. Targets French Luxury, Beauty Giants in Tariff Retaliation
- NELES FH : Sweden’s Alfa Laval Agrees to Buy Neles in $2 Billion Deal
- NOD NO : Nordic Semiconductor Sees 3Q Revenue $95 Mln to $105 Mln
- ORK NO : Orkla Second Quarter Adjusted Ebit Beats Highest Estimate
- ROG SW : Roche Phase III Study of Tecentriq Didn’t Meet Primary Endpoint
- SL IM : Sanlorenzo: Expiration of Exclusivity Period for Perini Navi
- SIE GY : Siemens’ Neike to Succeed Helmrich as Industry Head, Paper Says
- GLE FP : Oudea Sees French Banks’ Cost of Risk Rising in 2Q : Figaro
- TCH FP : Technicolor Gets Prospectus Approval for Capital Increases
- TEF SM : Telefonica in Talks to Sell 12 Data Centers: El Confidencial
- TIT IM : Italy Told Enel to Reach Telecom Italia Deal, Reuters Says
- DG FP : Vinci Wins EU220M Contract for Work on Lyon–Turin Rail Line