Asian stocks drifted Friday as investors mulled the stalemate in stimulus talks in America and parsed signs of an economic recovery. Treasury yields steadied near an eight-week high and oil headed for a second weekly gain.
Shares in South Korea led decliners after daily virus cases there almost doubled. China and Hong Kong fell, while stocks fluctuated in Japan and posted modest gains in Australia. Data showed China’s economic recovery continued in July, though retail sales were weak. S&P 500 futures ticked higher after a drop in the benchmark Thursday. The gauge remains close to a record high. The Nasdaq Composite Index closed up on below-average volume.
US After Hours IQ -17.4% falls on SEC investigation; BIDU -7.6% down on earnings; DDS +17.6%, AMAT +2.5% up on earnings
Nikkei +0.10% Hang Seng -0.02% CSI +0.55% Shanghai +0.27% Shenzen +0.25%
Eur$ 1.1817 CNH 6.9435 CNY 6.9460 JPY 106.85 GBP 1.3068 CHF 0.9102 RUB 73.0045 WTI$ 42.39 +0.36%
S&P +0.23% Nasdaq EuroStoxx -0.33% FTSE -0.09% Dax -0.23% SMI -0.07%
Macro :
- Fund Flows to Developed Market Stocks Surge as Bonds Cool: Citi
- Fund Flows Head for U.S. Stocks, Credit, Linkers, Jefferies Says
- SocGen Quant Says Stocks Face Slump Even If Vaccine Is Found
- Italy Reports Most New Virus Cases in a Week as Numbers Inch Up
Keep ane eye on :
- ARL GY : Aareal Bank Sells 30% Stake IT Subsidiary for EU260 Million
- AAG GY : Aumann First Half Adj Ebit Loss EU3.21 Mln
- CEC GY : Ceconomy Third Quarter Sales EU4.11 Bln, -10% Y/y
- CLNX SM : Cellnex Says All New Shares Subscribed in Capital Increase
- DAI GY : Daimler Paying Over $2 Billion to Settle U.S. Diesel Issues (1)
- EDF FP : UAE’s Masdar Buys Stake in EDF Renewable-Energy Projects in U.S.
- EKT SM : Euskaltel to Explore Sale of Cable Network, Expansion Says
- FLOW NA : Flow Traders Second Quarter Net Trading Income Misses Estimates
- H24 GY : Home24 Sees Full Year Rev. Ex-FX +25% to +35%, Saw At Least +15%
- KCO GY : Kloeckner Second Quarter Adjusted Ebitda EU11 Mln, -78% Y/y
- LHA GY : Lufthansa Halts Talks With Union After Failing to Secure Pay Cut
- DRLCO DC : Maersk Drilling 1H Ebitda Ex Items Beats Est.; Outlook Kept (1)
- NVAX US : U.K. Govt. to Buy 60m Doses of Novavax’s Covid Vaccine Candidate
- OLT NO : Olav Thon Eiendomsselskap 2Q Rental Income NOK723 Mln, -3.2% Y/y
- SEM AV : Semperit First Half Ebitda EU57.6 Mln, +47% Y/y
- TKA GY : Thyssenkrupp Drops After Warning Loss Will Further Burn Cash (3)
- FP FP : Mozambique Denies Insurgents Control Key LNG Port Town
- UBXN SW : SIX Exchange Regulation Starts Probe Against U-Blox
- VAR1 GY : Varta First Half Revenue EU390.7 Mln
- VOW3 GY : Europe Electric-Car Subsidies Have Market Exceeding China Sales
- WUW GY : W&W First Half Net Income EU107.0 Mln, -39% Y/y