Asian stocks traded mixed Tuesday after their U.S. peers closed at a record and a bond rally stalled ahead of a key Federal Reserve meeting. Commodities retreated.
Japanese shares gained, while Australian stocks outperformed after a holiday. Chinese equities declined on concerns about liquidity and as metals prices slid led by copper. U.S. futures edged higher after gains in technology shares pushed the S&P 500 to a record Monday. Still, three stocks fell for every one that rose. The 10-year Treasury yield pulled back under 1.5%, while the dollar was steady.
Bitcoin continued to gyrate amid a barrage of comments, briefly climbingabove $41,000 only to pull back. The digital currency got a boost after veteran hedge fund manager Paul Tudor Jones re-endorsed the coin in a television interview.
US After Hours No notable earnings today; several fall on offerings: PDSB -21.1%, PTGX -6.2%, PING -6.1%, CCCC -4.9%, VRM -4.6%
Nikkei +1% Hang Seng -0.70% CSI -1.00% Shanghai -0.72% Shenzen -0.62%
Eur$ 1.2125 CNH 6.4035 CNY 6.4046 JPY 110.08 GBP 1.4114 CHF 0.8994 RUB 72.0299 TRY 8.4695 WTI$ 71.07 +0.27% Gold 1,865.27 -0.05% BTC 40,350 +150 ETH 2590 +11
S&P +0.19% Nasdaq +0.14% EuroStoxx +0.41% FTSE +0.25% Dax +0.37% SMI +0.37%
Macro :
- EU, U.S. Must Remove Trade Tariffs as Quickly as Possible: Maas
- EU Set to Lift Travel Curbs for U.S. Residents This Week
- Goldman Expands in Crypto Trading With Plans for Ether Options
- Uranium Stocks Drop on Report of China Power Plant Leak
- GOP Senators Tell SEC to Reject New Climate Disclosures
- Land Rover Tests Defender SUV Prototype With Hydrogen Fuel-Cell
Spacs :
- Goldman SPAC Said in Talks on $2.5 Billion Deal for Mirion Tech
- SEC Gets a New Leader for Unit That Reviews SPACS, Climate Rules
- Lordstown Motors Slumps Most Ever on CEO Exit, Errant Statements
Keep an eye on :
- A2A IM : A2A: LGH Minority Shareholders Accepted Prelim Merger Proposal
_ BMPS IM : ECB Seeks Details on Monte Paschi EU2.5B Cap Hike Timing: Ansa
- BNP FP : BNP Paribas and Virtu Matchit ATS Post Biggest OTC Volume Gains
- DECB BB : Sofina Cuts Deceuninck Holding to 4.97% as of June 8
- DLG LN : Direct Line Completes First GBP50m Tranche of Buyback Program
- DNB NO : DNB Bank Has Acceptances for 81% of Sbanken Shares
- EDF FP : EDF Flags Fuel Issue at Chinese Nuclear Plant Near Hong Kongni
- EQNR NO : Equinor to Raise Quarterly Cash Div to 18c/Share, Plans Buyback
- GALP PL : Galp Won’t Invest in Rovuma Until Security Guaranteed: Rtrs
- GLJ GY : Grenke: Chair Antje Leminsky Resigns, Michael Bücker to Succeed
- KESKOB FH : Kesko Sees FY Comp Oper Profit EU650m-EU750m, Saw EU570m-EU670m
- LGEN LN : Legal & General to Divest From Insurer AIG Over Climate Policies
- LEON SW : Leonteq Sees Record Profits for 1H, Capital Base of ~CHF800m
- LHA GY : Lufthansa Mandates Banks for Possible Capital Increase
- EGL PL : Mota-Engil, Partner Win $357m Mining Contract in Mali
- PRX NA : Tencent Investor Prosus Puts Further $257 Million in Edtech Firm
- SHOT SS : Scandic Hotels Sees Occupancy Rate of at Least 35% in June
- SIGNB SS : Signatur Fastigheter Offers Up to 5.9m Shares
- SUN SW : Sulzer Boosts FY Revenue Forecast
- TLW LN : Tullow, Partners to Invest $4.2b in Ghana Over 10 Yrs.: Citi FM
- UBSG SW : $1 Billion Ex-UBS Team Goes Independent With LPL, Gladstone -- Barrons.com
- VIV FP : Third Point Said to Have Vivendi Stake Amid Ackman UMG Deal