Asian stocks fluctuated Monday amid some spikes in Covid-19 cases and U.S. equity futures edged lower as inflation concerns weighed further on investor sentiment. The dollar ticked higher.
Chinese stocks outperformed, shrugging off below-forecast economic readings. While European equity futures were in the green, U.S. contracts fell after Wall Street closed out a bruising week with a rally Friday. Japan retreated and Taiwan -- one of the economies dealing with a virus flareup -- tumbled.
The spread of the virus is front and center again in Asia as vaccinations lag the largest developed nations. Singapore will stop most school classes this week and Taiwan is racing to contain its worst outbreak. In contrast, the rolling one-week average of new U.S. cases fell to the lowest since June.
Treasury yields extended declines from Friday on a report that showed the recent surge in U.S. retail sales stalled in April. Most commodities opened the week on a steadier footing after last week’s volatility. Bitcoin traded below $44,000 after whipsawing over the weekend amid more comments from billionaire Elon Musk.
Nikkei -0.90% Hang Seng +0.56% CSI +1.42% Shanghai +0.75% Shenzen +1.19%
Eur$ 1.2146 CNH 6.4409 CNY 6.4382 JPY 109.37 GBP 1.4084 CHF 0.9025 RUB 74.0173 TRY 8.4364 WTI$ 65.51 +2.65% Gold 1,843.43 unch BTC 43,110 -4185
S&P -0.11% Nasdaq -0.05% EuroStoxx +0.35% FTSE +0.12% Dax +0.15% SMI +0.06%
Macro :
Macro :
- A New Era of Short Bets Against German Bonds Is Beginning
- Iran Gears Up for Return to Oil Market as U.S. Talks Advance (1)
- Merkel Urges EU Partners to Match More Ambitious Climate Goal
- Merkel Urges EU Partners to Match More Ambitious Climate Goal
- Investors Pull $1.2 Billion From the Largest Junk Bond ETF (1)
Keep an eye on :
Keep an eye on :
- AIR FP : U.S. Requiring Inspections on Boeing 737 Classic Planes: Reuters
- CS FP : AXA’s Asian Operations Hit in Ransomware Attack: FT
- BBVA SM : PNC Takeover of BBVA’s U.S. Business Approved by Federal Reserve
- BBVA SM : PNC Takeover of BBVA’s U.S. Business Approved by Federal Reserve
- CO FP : Casino Exploring IPO for GreenYellow Unit on Euronext Paris
- CSGN SW : Swiss Lawmakers to Debate Stricter Banking Regulations, SZ Says
- EZJ LN : EasyJet Seeks New Chairman as Barton Prepares to Step Down: Sky
- EZJ LN : EasyJet Seeks New Chairman as Barton Prepares to Step Down: Sky
- ENI IM ; Eni Picks Goldman Sachs, Mediobanca for Spinoff Work: Rtrs
- EL FP : EssilorLuxottica AGM Points to Governance Challenges but Agility
- G IM : Caltagirone to Seek Governance Change at Generali: Repubblica
- GETIB SS : Getinge Sees More Than Half of Covid-19 Savings as Permanent: DI
- GSK LN : Glaxo Holders Back Board in Face of Elliott Stake, Mail Reports
- ISS DC : ISS to Start Acquisitions Once Turnaround Is Over, Borsen Says
- KER FP : Kering Considers Sale of Watch Brands, Miss Tweed Reports
- KESKOB FH : Kesko Apr. Sales From Continuing Operations EU969.1M
- LEAS BB : Leasinvest 1Q EPRA Profit EU7.20M Vs. EU7.26M Y/y
- LSEG LN : LSE London Site Draws Interest From Canary Wharf, Helical: FT
- DRLCO DC : Maersk Drilling Sells Two Rigs for $31 Million; Wins Contract
- MT IM : Maire Tecnimont Starts Power-to-Fertilizer Plant Works in Kenya
- MANU US : Spotify CEO Says Billionaire Arsenal Owner Rejected His Bid (1)
- NMC LN : U.K., U.S. Prosecutors Investigating NMC Health, Times Reports
- REC BB : Greiner Is Said to Plan $915 Million Recticel Bid
- REC BB : Greiner May End Recticel Stake Deal If Holders Thwart Plan
- RYA ID : Ryanair FY Net Loss EU815m vs. Guidance of EU800m-EU850m Loss
- SAN FP : Sanofi, GSK See ‘Strong Immune’ Response in Covid Vaccine Trial
- STLA IM : Stellantis to Cut Jobs at Belvidere Assembly Plant, WIFR Says
- UBSG SW : Swiss Lawmakers to Debate Stricter Banking Regulations, SZ Says
- VIE FP : Veolia Finalizes Deal to Buy Suez After Protracted Takeover Saga
- VOLVB SS : UAW Members at Volvo Truck Vote Down Tentative Deal
- WDI GY : Lithuanian Fintech Scrutinized Over Potential Wirecard Role: FT