Markets whipsawed Wednesday in the wake of the Bank of Japan’s policy meeting, with many Asian equity indexes swinging between gains and losses while Japanese stocks rallied alongside a sharp drop in the yen. US share futures and Treasuries reversed earlier declines and a gauge of dollar strength rose after the BOJ kept its monetary settings unchanged. The yen depreciated as much as 2.6%, the most in almost three years. The moves in Japan’s 10-year government bond yields were even more dramatic — first breaching the central bank’s 0.5% ceiling, then tumbling 15 basis points from an intraday peak. oil contracts traded higher as traders looked to a revival in Chinese demand this year after data showed the economy fared better than expected last quarter. Iron ore rose for a second day as China’s improving economic. Gold extended a drop for a third day as the dollar strengthened. Overnight in the US, Goldman Sachs Group Inc. shares fell after the lender reported a drop in investment-banking fees in the fourth quarter. Morgan Stanley, which also reported Tuesday, was buoyed by revenues from its asset and wealth management divisions, pushing its stock higher. Overnight in the US, Goldman Sachs Group Inc. shares fell after the lender reported a drop in investment-banking fees in the fourth quarter. Morgan Stanley, which also reported Tuesday, was buoyed by revenues from its asset and wealth management divisions, pushing its stock higher. US After Hours OLED +6.3% on OLED evaluation agreement, MRNA +6.1% after RSV vaccine meets efficacy endpoints, IBKR +2.8%, UAL +1.4% on upbeat Q4 earnings; BGFV -7.7% on lackluster Q4 guidance, OLO -3.7% on COO resigning.
Nikkei +2.50% Hang Seng +0.14% CSI -0.09% Shanghai +0.10% Shenzen +0.25%
Eur$ 1.0783 CNH 6.7794 CNY 6.7774 JPY 131.10 GBP 1.2285 CHF 0.9233 RUB 68.9925 TRY 18.7845 WTI$ 81.05 +1.09% Gold 1,901.25 -0.39% BTC 21,255 -0.39% ETH 1,581 -0.02%
S&P +0.14% Nasdaq +0.18% EuroStoxx +0.31% FTSE -0.01% Dax +0.29% SMI +0.19%
Macro :
- Goldman Sees Bullish Sentiment Growing Over Non-US Assets
- Citadel Hires Ex-Balyasny, Snow Lake Managers in Asia Expansion
- BofA Stays Bullish on Asia EM Stocks as China Uncertainty Clears
- *EUROPE CAR SALES JUMP 15% IN DECEMBER LED BY GERMANY, ITALY
Keep an eye on :
- AAPL US : Apple Postpones AR Glasses, Plans Cheaper Mixed-Reality Headset
- ASM NA : ASMI Prelim 4Q Net Sales About EU720M, Est. EU634.7M
- BALN SW : Michael Mueller Named CEO of Baloise From July 1
- BARC LN : Barclays Promotes Two in Expansion of Offerings for Hedge Funds
- BARN SW : Barry Callebaut 1Q Sales Misses Estimates
- BAS GY : BASF Prelim FY Adjusted Ebit Meets Estimates
- BAS GY : BASF, Eramet Plan $2.6 Billion Nickel Smelter in Indonesia
- BNP FP : BNP to Unveil Financial Impact of Bank of West Sale on Feb 7
- BP/ LN : BP Mulls Construction of New Hydrogen Hub in Germany
- BRBY LN : *BURBERRY 3Q RETAIL COMP SALES +1%, EST. +1.43%
- CAST SS : Castellum Names Joacim Sjoeberg as Acting CEO
- CON GY : Continental Expects to See Lower-Than-Expected Cash Flow in 2022
- DMP GY : Dermapharm: FY Guidance Under ‘Significantly’ Higher Uncertainty
- DBN GY : Deutsche Bahn Is Said to Consider Reviving Sale of Arriva Unit
- DOV IM : Efesto Fund Gets More Than €400m in UTP Contributions in Italy
- ENEL IM : Enel Replaces Entire Hybrid Bond Early Amid January Credit Boom
- EQT SS : EQT FY Adjusted Ebitda Meets Estimates
- ERA FP : BASF, Eramet Plan $2.6 Billion Nickel Smelter in Indonesia
- ERICB SS : Ericsson CEO Welcomes Critic Cevian’s Bid for First Board Seat
- ERF FP : Eurofins Acquires Assets to Set up Hyderabad Laboratory Campus
- EXN FP : Exclusive Networks Appoints Nathalie Bühnemann as CFO
- FLS DC : FLSmidth Sees 2023 Revenue DKK23B to DKK24.5B, Est. DKK23.97B
- GLEN LN : Glencore Mine in Peru Faces Restricted Operations Amid Protests
- GTT FP : GTT Gets Orders for LNG Carrier, Ethane Carriers Tank Design
- INGA NA : ING Weighs Buying Controlling Stake in India’s IDBI Bank: ET
- TKWY NA : Just Eat Orders Drop in Latest Quarter Amid Online Food Slowdown
- JYSK DC : Jyske CEO Sees DKK1b Annual Boost From Takeover, Finans Says
- MRNA US : Moderna Has a Seat at the $10 Billion RSV Table: React
- PAY LN : Paypoint Gets FCA Approval of Appreciate Group Acquisition
- REP SM : Repsol 4Q Refining Margin $18.9/bbl vs $4.4/bbl Year Earlier
- CFR SW : Richemont 3Q Sales at Constant Exchange Rates Misses Estimates
- SNH GY : Pepco Group Holder Steinhoff Offers ~34.5m Shares
- TELIA SS : Telia Starts Talks With Nordic Staff to Continue Job Cuts
- TNXT IM : Tinexta Subsidiary Infocert to Acquire 65% of Ascertia in UK
- VOD LN : Emirates Telecoms Raises Stake in Vodafone Group to 12%
- VOD LN : Airtel Will Not Oppose Vodafone’s Bid To Sell Indus Stake: ET
- VOW GY : VW ESG Prospects Beset by Execution Challenges, Rocky Governance