Asian stocks and U.S. equity futures dropped, while the yen and Treasuries advanced, as optimism over policy stimulus gave way to recovery concerns caused by rising infection numbers in some locations.
Shares fell modestly in Japan, Australia and Hong Kong as the global equity rally seen earlier this week continued to show signs of fatigue. S&P 500 Index futures retreated after the index swung between gains and losses for most of Wednesday, on light volume, before closing in the red. Australia’s dollar fell after the country reported a much bigger decline in employment than forecast for May, with the unemployment rate surging almost a percentage point.
US After Hours ABM +8.2% rises after earnings; CBIO -7.8%, KTOS -6.1% decline on stock offerings
Nikkei -0.33% Hang Seng -0.23% CSI +0.49% Shanghai +0.06% Shenzen +0.02%
Eur$ 1.1255 CNH 7.0631 CNY 7.0715 JPY 106.87 GBP 1.2557 CHF 0.9492 WTI$ 37.59 -0.97%
S&P -0.67% Nasdaq -0.42% EuroStoxx -0.79% FTSE -0.90% Dax -0.69% SMI -0.37%
Macro :
- Bolton Says Trump Asked China’s Xi for Reelection Help: NYT
- U.S. Investor Bull-Bear Spread -23.4: AAII
- Negative Catalysts Are Nearing for Saudi Banks: Morgan Stanley
- Norway Fresh Salmon Exports to China Fell 34% Last Week
Keep an eye on :
- AIR FP : Germany’s Parliament Backs Airbus Eurofighter Radar Upgrade
- AIR FP :
- AF FP : Air France Readies Plan for 8,300 Voluntary Job Cuts
- AZA IM : Caio Among CEO Candidates for New Alitalia: Repubblica
- ATC NA : Altice’s Media Unit In France Set To Cut Up To 380 Jobs: AFP
- ATL IM : Atlantia Urges EU to Intervene in Autostrade’s Concession: FT
- CABK SM : CaixaBank Has Taken Part in 4th Round of TLTRO For EU40.7B
- CPR IM : Lagfin to Buy About 38m Campari Withdrawn Shares
- CCL LN : Royal Caribbean, Carnival stocks drop more than 4% premarket after Norwegian extends cruise suspension
- SKIN SW : Cassiopea Raises EU23.25m Gross Proceeds in Rights Offering
- ELIS FP : Elis Gets Waiver for Bank Covenant Tests of Dec. 31, June 2021
- ERICB SS : Ericsson CEO Signals U.S. Ownership Would Not Be Appropriate
- FDJ FP : FDJ Says Too Early To Give Outlook, Covid Lock-down Hit Ebitda
- FNAC FP : Fnac Darty 1H Current Operating Income Seen Down EU100m-EU120m
- HELN SW : Helvetia Offering Prices 3.3m Shares at CHF91/Share
- DEC FP : JCDecaux Holder Gardner Russo & Gardner to Offer 5.3m Shrs
- KGF LN : DPD, Kingfisher to Hire 7,500 U.K. Staff, Guardian Reports
- NKLA US : Nikola’s Founder Exaggerated the Capability of His Debut Truck
- NB2 GY : Northern Data Offering Prices 431k Shares at EU50/Share
- ROG SW : Genentech Phase III Impassion031 Study Meets Primary Endpoint
- SAN FP : Sanofi CEO Sees Covid Vaccine Ready by 2Q 2021: Les Echos
- SIE GY : Siemens Gamesa Names Andreas Nauen as CEO to Replace Tacke
- SNBN SW : SNB Warns That UBS, Credit Suisse May Face Hit to Credit Quality
- SOLB BB : Solvay Is Said to Explore Sale of Two Chemical Units in Overhaul
- SPLYT UK : SoftBank Leads $19.5 Million Investment Round in U.K.’s Splyt
- SYSR SS : Systemair Holder EBM-Papst to Offer Up to 5.5m Shares
- UHR SW : Swatch Group Appoints New CEOs of Longines, Tissot Brands
- TW/ LN : Taylor Wimpey Share Sale Expected to Price at 145p: Terms (1)
- TELIA SS : Telia Confirms Deal to Sell Turkcell Holding Stake for $530m
- TWEKA NA : TKH Group Expects 1H Sales to Fall Organically Between 8% and 9%
- VLA FP : Bavarian, Valneva Start Marketing, Distribution Partnership
- WALWIL NO : Wallenius Wilhelmsen Pleads Guilty to Cartel Conduct, ACCC Says
- WIZZ LN : Wizz Air to Open First Russian Base in St. Petersburg, MTI Says
- ZAL GY : Zalando Gathers More Online Shoppers to Propel Profit: React
- ZEAL DC : Zealand Pharma Offering Prices 2.68m Shares at DKK245/Share