Asian stocks and U.S. futures climbed on Monday, buoyed by positive sentiment on regional trade and signs of opposition to a national American lockdown despite surging virus cases. The dollar retreated.
The Asian benchmark was on track for a record close, with Japan and South Korea outperforming. A slew of Asia-Pacific nations on Sunday signed the world’s largest regional free-trade agreement, encompassing nearly a third of the globe’s population and gross domestic product. In Australia, share trading was suspended for the day due to a market data issue.
S&P 500 futures extended last week’s advance after advisers to President-elect Joe Biden said they opposed a nationwide U.S. lockdown. Oil pushed higher and Treasuries were steady. On Friday, both the S&P 500 and the Russell 2000 Index of small caps rallied to all-time highs. The tech-heavy Nasdaq 100 underperformed amid the rotation to economically sensitive industries.
Nikkei +2.05% Hang Seng +0.59% CSI +0.66% Shanghai +0.83% Shenzen +0.62%
Eur$ 1.1835 CNH 6.5744 CNY 6.58 JPY 104.55 GBP 1.3215 CHF 0.9121 RUB 77.24 TRY 7.6535 WTI$ 40.12 -2.43%
S&P +0.79% Nasdaq +0.69% EuroStoxx +0.87% FTSE +0.66% Dax +0.79% SMI +0.43%
Macro :
- Asia Pacific Nations Sign Biggest Regional Trade Deal
- U.K. Hints Brexit Talks May Be Extended as Disagreements Remain
- Yellen Under Consideration by Biden Team for Treasury Chief
- Biden Virus Advisers Say a National Lockdown Isn’t on Agenda
- Lombard Odier Launches $400 Million Natural Capital Equity Fund
- Morgan Stanley Says Go Risk-On and ‘Trust the Recovery’ in 2021
Keep an eye on :
- ALO FP : Alstom Launches EU2b Rights Issue to Finance Bombardier Deal
- ATL IM : Atlantia May Take Legal Steps Vs Autostrade Managers: Statement
- ARAMCO AB : Saudi Aramco Hires Banks for Possible Offering of Dollar Bonds
- MT NA : Italy in Talks With ArcelorMittal Over 50% of Taranto Steel Mill
- BBVA SM : *PNC TO BUY BBVA USA BANCSHARES FOR $11.6B IN CASH
- BIM FP : Biomerieux Announces Expansion of Argene Covid-19 Test
- BMPS IM : Italy Seeks Advisers for Monte dei Paschi Sale: Reuters
- DEB LN : JD Sports May Bid to Buy Debenhams, Telegraph Reports
- DMP GY : Dermapharm 9M Adjusted Ebitda EU139.0M Vs. EU133.1M Y/y
- DOM SS : Dometic Shares Worth Buying in Dip as Prospects Good, DI Says
- CAP GY : Encavis 9M Revenue EU234.3M Vs. EU223.4M Y/y
- GSC1 GY : Gesco 9M Sales EU363.0M Vs. EU438.6M Y/y
- GYC GY : Grand City Properties 9M Adjusted Ebitda EU223M Vs. EU220.0M Y/y
- GRG LN : Greggs to Cut More Than 800 Jobs as Lockdown Hits Business: Sky
- JD/ LN : JD Sports Says Tribunal Sends Footasylum Deal Block Back to CMA
- LLOY LN : Lloyds Probe Over HBOS Fraud Facing Fresh Delays, Times Says
- DRLCO DC : Maersk Drilling Gets $7.1 Million One-Well Contract Extension
- NEXI IM : Nexi to Buy Nets in a $9 Billion Deal to Create Payment Giant
- NWG LN : Ulster Bank’s Chairman O’Flynn Resigns for ‘Personal’ Reasons
- NNB SS : Nordnet to Go Public in Stockholm With $1.1 Billion of Stock
- ORA FP : Orange chief ‘open-minded’ to creating European mobile towers champion - FT
- PST IM : PostNL, Mutares Agree to Sell Nexive to Poste Italiane
- REIN LX : Reinet Investments 1H Net Asset Value Per Share EU24.70
- RNO FP : Ghosn’s Grand Alliance Showing Cracks Two Years After His Arrest
- RDSA LN : Shell, Exxon to Apply for Subsidies in Porthos CO2 Project: FD
- SIOE BB : Sioen 3Q Organic Revenue -4.4%
- SRG IM : Trans-Adriatic Natural Gas Pipeline Starts Commercial Operations
- SOON SW : Sonova 1H Sales Match Estimates
- TIT IM : Italy Clears KKR Investment in Telecom Italia’s FiberCop
- URW NA : Unibail-Rodamco Says Léon Bressler to Replace Dyer as Chairman
- VIFN SW : Vifor Iron Therapy Reduces Hospital Admissions, Study Shows
- VOD LN : Vodafone Said to Eye Raising $5 Billion in Towers IPO Next Year
- WDI GY : German auditors fight tighter regulation after Wirecard scandal