U.S. and European equity futures dipped and Asian stocks were mixed Monday amid investor caution at the start of the week even as data indicated China’s economic recovery remains on track. The dollar nudged up.
South Korean shares retreated as sentiment toward chip component makers took a hit on news the Trump administration will restrict licenses to several Huawei Technologies Co. suppliers. Hong Kong and Chinese stocks gained after growth and industrial output data beat expectations. S&P 500 futures pointed lower with European contracts. Crude oil slipped.
Cash Treasuries aren’t trading due to the Martin Luther King Jr. holiday, though U.S. bond futures advanced. The S&P 500 closed lower Friday and support for Treasuries pushed the yield on 10-year notes down to around 1.08%.
Future contracts on the Euro Stoxx 50 and U.S. equities indexes slipped while Asian stocks were mixed amid investor caution at the start of the week even as data indicated China’s economic recovery remains on track.
Nikkei -0.97% Hang Seng +0.92% CSI +1.35% Shanghai +1.01% Shenzen +1.61%
Eur$ 1.2078 CNH 6.4948 CNY 4.4870 JPY 103.73 GBP 1.3573 CHF 0.8914 RUB 73.9929 TRY 7.4690 WTI$ 52.03 -0.61%
S&P -0.19% Nasdaq -0.19% Eurostoxx -0.25% Dax -0.30% SMI -0.06%
Macro :
- Biden May Cancel Keystone Pipeline Permit on First Day: CBC
- Signal Says Tech Issues Due to Skyrocketing Demand
- Italy Debt to Soar to Post-War Record of 158.5% of GDP: Reuters
- EU Quants Build Earth Simulation to Game Out Major Climate Risks
SPAC :
- Z Capital’s SPAC Files for IPO, to Merge With Affinity Gaming
- The world's youngest self-made billionaire hopes to power every future self-driving car with a technology that Elon Musk says is
- Cryptocurrencies and SPACs show signs of 'irrational exuberance,' but the stock market is not in a bubble, says UBS
- Why Clover Health Chose a SPAC, Not an IPO, to Go Public -- Barrons.com
Keep an eye on :
- ARL GY : Aareal Bank Expects to Report Operating Loss for FY 2020
- AIR FP : Airbus to Take Over Some German Logistics From Kuehne, Welt Says
- AF FP : New Air France-KLM Govt Aid Delayed, Financieele Dagblad Says
- AKZA NA : AkzoNobel NV: AkzoNobel proposes to acquire Tikkurila for €31.25 per share, to create superior and sustainable value for all
- ATO FP : Atos Is Said to Lobby Its Top Shareholders to Back DXC Takeover
- BAYN GY : Bayer Mulls Helping CureVac Produce Its Covid-Vaccine: Welt
- BMPS IM : Monte Paschi Plan Envisages Profitability, Hundreds of Job Cuts
- BT/A LN : BT Faces Lawsuit and $815 Million Fine Over Overcharging Claims
- CARLB DC ; Carlsberg Sees Danish Jump in Alcohol-Free Beer: Berlingske
- CA FP : Couche-Tard, Carrefour Said to Abandon Takeover Talks
- CLNX SM : Alinda, Cellnex Are Among Interested in Polkomtel Towers: PB
- CTXS US : Citrix Is Said in Talks to Buy Vista’s Wrike for $2 Billion-Plus
- CSGN SW ;Credit Suisse Hires for New Stock Underwriting Team in Japan
- DELIVEROO IPO : Deliveroo Funding Round Values Firm at Over $7 Billion
- DBAN GY : Deutsche Beteiligungs Prelim 1Q Results Above Year Ago
- DNO NO : DNO 2020 Net Output 95,100 Boepd; Tawke Passes Output Milestone
- DR.MARTENS IPO : Dr. Martens IPO May Yield 3b-4b Pound Valuation: Financial Times
- EDF FP : *EDF WORKING WITH BARCLAYS FOR AN IPO OF POD POINT: SKY NEWS
- ERICB SS : Ericsson Piles on Samsung With New Patent-Infringement Suit
- FCA IM : Fiat-PSA in Talks With Chinese Car Makers for Tie Up, Yicai Says
- FSKRS FH : Fiskars Prelim 2020 Net Sales About EU 1.12B
- FORN SW : Forbo Prelim FY Sales About CHF1.12B
- GAM SW : GAM Holding Sees FY IFRS Loss About CHF380M
- G IM : Aviva France Attracts 4 Bidders Incl. Generali, Eurazeo: Figaro
- KESKOB FH : Kesko Dec. Comparable Sales +10.7%
- KNIN SW :! Airbus to Take Over Some German Logistics From Kuehne, Welt Says
- MAERSKB DC : Record Kidnappings Draw Maersk Call for Action in Gulf of Guinea
- DRLCO DC : Maersk Drilling Says $100 Million Suriname Contract Now Firm
- MOWI NO : Mowi Prelim 4Q Ebit About EU49M
- NXT LN : Next, U.S. Fund Tipped to Lead Topshop Bid, Sunday Times Says
- PHIA NA : Royal Philips Files Six Lawsuits Over Telecommunications Patents
- SALM NO : Salmar Aims to Invest $1.7 Billion in Offshore Farm, E24 Reports
- SYDB DC : Sydbank to Charge Its Least Lucrative Customers, Borsen Reports
- SSP US : Berkshire Hathaway Reports E.W. Scripps Warrant Holdings in 13G
- SEV FP : Suez Gets Proposal From Ardian, GIP for Friendly Takeover
- FP FP : Total Inks $2.5 Billion Deal to Add 20% Stake in Adani Green
- VIE FP : Suez Gets $13.7 Billion Proposal in Challenge to Veolia
- VIE FP : Veolia refuse la «main tendue» de Suez
- VOW3 GY : Audi Delays Output, Idles 10,000 Staff on Chip Shortage, FT Says