Asian stocks advanced after their U.S. peers rose for the first time in five days, as Congress moved toward agreement on a spending package that would boost the economy. Treasuries were flat ahead of the Federal Reserve’s policy decision.
Gains were modest but broad-based and a gauge of Asia-Pacific shares was set for another record close, with Australia outperforming. European futures pointed higher. Senate Majority Leader Mitch McConnell said he will keep lawmakers in Washington until a deal gets done. The 10-year Treasury yieldremained just above 0.90%, with speculation rife that the Fed will either offer guidance on or adjust its bond-buying program.
Elsewhere, the dollar steadied after Tuesday’s decline and oil slipped. U.S. equity futures were little changed.
US After Hours TLRY +21.6% and APHA +13.7% moving higher on Bloomberg report of possible deal; AOUT +9.2% up big on earnings
Nikkei +0.26% Hang Seng +0.78% CSI +0.28% Shanghai +0.08% Shenzen -0.14%
Eur$ 1.2160 CNH 6.5195 CNY 6.5402 JPY 103.53 GBP 1.3463 CHF 0.8854 RUB 73.4305 TRY 7.8030 WTI$47.47 -0.31%
S&P -0.03% Nasdaq +0.18% EuroStoxx +0.23% FTSE +0.34% Dax +0.31% SMI +0.49%
Macro :
- ECB Lifts Bank Dividend Ban With 15% Payout Cap on Profit
- Vanguard Makes History With the First $1 Trillion Equity Fund
Keep an eye on :
- ALO FP : Alstom Wins Over EU470M Contract for Toulouse Metro Line
- ARYN SW : Veraison Voting Rights in Aryzta Fall to 4.46% From 9.81%: SIX
- ATO FP : Atos to Buy Leading Cybersecurity Services Company Motiv
- BO DC : B&O Prelim 2Q Revenue Beats Estimates
- BIM FP : Biomerieux Rolls Out Test for SARS-CoV-2, Other Viruses
- EN FP : Bouygues to Work With Hoffmann As Plans to Cut Emissions: Echos
- CANTA SS : Cantargia Offering Prices 9.1m Shares at SEK62/Share
- ALCLS FP : Cellectis Withdraws Follow-on Offering Due to Market Conditions
- COFB BB : Cofinimmo Buys 26.6% Stake in Belgium’s Aldea Group for EU20m
- ACA IM : Credit Agricole Takes EU900M Impairment Charge For Italian Unit
- DB1 GY : Allfunds Is Said to Draw Takeover Interest from Deutsche Boerse
- GLPG NA : Gilead, Galapagos in New Commercialization Pact for Jyseleca
- GBLB BB : GBL Buys Majority Stake in Canyon From Founder, TSG Consumer
- ISP IM : Intesa CEO Messina Rules Out Further Acquisitions After UBI Deal
- ISS DC : ISS to Divest Units Representing DKK4 Bln in Revenue
- DEC FP : JCDecaux France Acquires Abri Services Media
- LXS GY : Lanxess Said to Join Race for $1 Billion Emerald Kalama Chemical
- NOKIA FH : Nokia Keeps Overall Guidance, Gives Details on Outlook for Units
- NRS NO : Norway Royal Salmon Liability Change Reporting Insufficient: FSA
- NOVN SW : Novartis Gets FDA Committee Recommendation for Use of Entresto
- PSM GY : ProSieben Ad Sales Have Been Rising, CEO Tells Sueddeutsche
- ROTH FP : Rothschild & Co Bank to Buy Banque Paris Bertrand; No Terms
- SEBA SS : SEB Names Torstendahl as Deputy CEO, Soderberg as Head of C&PC
- CASS IM : Societa Cattolica Says Banco BPM Position on JV ‘Groundless’
- DG FP : Vinci-Led Consortium Wins Contract for Paris Metro Viaduct
- VIV FP : Italy Opens Probe on Vivendi Stakes in Telecom Italia, Mediaset
- VOD LN : Satellite Firm AST Said to Be Going Public in Blank-Check Deal
- VOW GY : VW Plans to Create Management Board Position for IT, CEO Says
- VOW GY : VW CEO Pits World’s Largest Car Plant Against New Tesla Factory