U.S. equity futures fell Thursday, Treasuries jumped and the dollar rallied in a bout of risk aversion amid geopolitical tension over Ukraine. Crude oil pared losses. S&P 500, Nasdaq 100 and European contracts slid along with most Asian shares as traders evaluated a flurry of speculation about the situation in eastern Europe. Havens such as the yen and gold pushed higher. The 10-year Treasury U.S. yield sank below 2%. Oil, at one point down more than 3%, trimmed the retreat to some 1%. Crude had been hurt by the prospect of a resumption in official Iranian exports if talks lead to a nuclear accord. But it has also been whipsawed by supply worries stemming from the Russian troop buildup. Investors expect at least 150 basis points of Fed tightening in 2022 -- up from 75 basis points just a few weeks ago -- to fight price pressures. The worry is whether the pivot away from pandemic-era stimulus will squeeze economic growth and inject more turbulence across assets. US After Hours Busy earnings night; highlights were DASH +26%, GLBE +17.7%, KNBE +12.4%, AMAT +2.7% on upside; AMPL -37.5%, FSLY -25.3%, TXG -21.2%, APP -16.3%, PAY -14.4%, H -6.8%, SAM -5.9% on downside
Nikkei -0.83% Hang Seng -0.22% CSI +0.22% Shanghai +0.03% Shenzen +0.18%
Eur$ 1.1354 CNH 6.3338 CNY 6.3364 JPY 115.24 GBP 1.3578 CHF 0.9217 RUB 75.8200 TRY 13.6069 WTI$ 92.07 1.7% Gold 1,876.90 +0.37% BTC 43,696 -0.90% ETH 3,080 -1.99%
S&P -0.41% Nasdaq -0.54% EuroStoxx -0.73% FTSE -0.30% Dax -0.71% SMI -0.21%
Macro :
- EU January Car Registrations Drop 6% Y/y to 0.683m Units
- Italy Weighs EU1b Annual Support to Auto Industry: Sole
- Millennium, Point72 Discuss Bids for Quant Fund Engineers Gate
- U.S. Rejects Russia Troop Claim; EU Leaders Talk: Ukraine Update
Keep an eye on :
- ACS SM : *ACS REACTIVATES PLANS TO SELL RENEWABLES UNIT ZERO-E: EXPANSION
- ADP FP : ADP Creates 2022-2025 Sustainability Strategic Roadmap
- AIR FP : Airbus 4Q Adjusted Ebit Beats Estimates
- BABA US : Munger-Favored Alibaba Valued Like a Utility Stock: China Today
- ARCAD NA : Arcadis 4Q Net Revenue EU652M Vs. EU603M Y/y
- ATUS US : Altice USA 4Q EPS Beats Estimates
- AMZN US : Activist Investor Daniel Loeb Sees Roughly $1 Trillion of Untapped Value in Amazon -- WSJ
- AUTO NO : Autostore 4Q Adjusted Ebitda Beats Estimates
- BAMNB NA : BAM FY Revenue EU7.32B Vs. EU6.81B Y/y
- BCVN SW : BC Vaudoise FY Operating Profit CHF428.8M Vs. CHF372.7M Y/y
- BNP FP : Banca March Buys Part of BNP Private Banking Business in Spain
- BRI PL : Brisa Concessao 2021 Net Rises 47% to EU183.2m on Higher Traffic
- CA FP : Carrefour Strategic Review is “Progressing”: CEO Bompard
- CRI FP : Chargeurs FY Revenue Beats Estimates
- CBK GY : Commerzbank Sees 2022 Net of More Than EU1B, Plans Dividend
- CON GY : Continental AG Has Split-Up Plan in Place: Manager Magazin
- DAI GY : Mercedes-Benz, Nvidia to Share Autonomous Driving Revenue: HB
- ENG SM : *ENAGAS TO NAME ARTURO GONZALO AIZPIRI AS NEW CEO: CINCO DIAS
- ENGI FP : Engie, AXA Back Carbon Startup With $500 Million Investment
- ERICB SS : Vonage Falls Most Since October on Concerns Over Ericsson Deal
- ETL FP : Eutelsat 1H Revenue Meets Estimates
- FCT IM : Thyssenkrupp Gauges Interest in Marine Systems: HB (Earlier)
- FRE GY : Fresenius SE Eyes Expanded Drug Segment Via mAbxience Buy: React
- FSC1V FH : F-Secure to Spin Off Consumer Security Unit Into New Company
- GAM SW : GAM Holding FY IFRS Loss CHF23.3M Vs. Loss CHF388.4M Y/y
- GXI GY : Gerresheimer FY Revenue Meets Estimates (1)
- G IM : Generali Board Plans to Select Independent Chairman
- HAS US : Hasbro Activist Begins Proxy Fight, Urges Dungeons & Dragons Spinoff -- WSJ
- HEX NO : Hexagon Composites 4Q Ebitda NOK58M
- NK FP : Imerys 4Q Adjusted Ebitda EU167M
- IFX GY : Infineon Invests >EU2b in Semiconductor Production in Malaysia
- ISN SW : Intershop Nominates Ernst Schaufelberger as Next Chairman
- KER FP : Kering 4Q Gucci Revenue on a Comparable Basis Beats Estimates
- LI FP : Klepierre FY Group NCCF/Shr Beats Estimates
- KOJAMO FH : Kojamo 4Q Adjusted Ebitda Beats Estimates
- MMB FP : Lagardere FY Revenue Beats Estimates
- LSG NO : Leroy 4Q Adjusted Ebit Beats Estimates
- LEHTO FH : Lehto Group 4Q Net Sales Beats Estimates
- NESN SW : Nestle FY Organic Revenue Beats Estimates
- NEXTA BB : Nextensa FY Dividend per Share EU2.50 Vs. EU5.25 Y/y
- NYF SS : Nyfosa 4Q Total Income Beats Estimates
- ORA FP : Orange Sees 2022 Ebitda After Leases +2.5% to +3%
- QTCOM FH : Qt Group Raises Targets for Strategy Period Until 2025
- RKT LN : Reckitt 4Q Like-for-Like Sales Beats Estimates
- REP SM : Repsol 4Q Adjusted Net Beats Estimates
- SATS NO : Sats Primary ABB Price Guidance NOK19.50: Terms
- SU FP : Schneider Electric Sees 2022 Organic Revenue +7% to +9%
- SINCH SS : Sinch 4Q Adjusted Ebitda Misses Estimates
- SIP BB : Sipef Sees 2022 Palm Oil Output Above 400,000 Metric Tons
- SW FP : Sodexo to Appoint Chairwoman, Interim CEO Sophie Bellon as CEO
- STAN LN : StanChart Plans $750m Buyback, Proposes 9 Cents/Share Dividend
- STLA US : Stellantis to Consolidate Some French R&D Operations in Poissy
- TEN IM : Tenaris 4Q Net Sales Beats Estimates
- TKA GY : Thyssenkrupp Gauges Interest in Marine Systems: HB (Earlier)
- VRLA FP : Verallia FY Adjusted Ebitda Meets Estimates
- VOW GY : China Approves Audi-FAW’s $3.3B EV Factory in Northeast: Caixin