Most Asian shares climbed and U.S. equity futures were steady Monday as the global economic recovery and corporate earnings prospects bolstered sentiment despite rising Covid-19 infections.
Chinese stocks outperformed amid easing concerns about the health of state enterprise China Huarong Asset Management Co., a bad-debt manager. India slid to a two-month low after daily virus cases hit a record. Nasdaq 100 contracts got a boost as Treasury yields eased. European futures rose and S&P 500 contracts were steady after the U.S. gauge chalked a fourth week of gains.
Some risk-off haven demand was evident in the foreign-exchange markets owing to tension between the U.S. and Russia as well as Washington and Beijing. The dollar and yen advanced against their Group-of-10 peers. Bitcoin pared losses after tumbling the most since February over the weekend.
China’s financial regulator on Friday said Huarong had ample liquidity, the first official comments since the company missed a deadline to report earnings. That was enough to cement a rally in Huarong bonds and ease contagion fears.
Nikkei -0.07% Hang Seng +0.60% CSI +1.91% Shanghia +1.14% Shenzen +2.09%
Eur$ 1.1958 CNH 6.5268 CNY 6.5252 JPY 108.66 GBP 1.3855 CHF 0.9208 RUB 76.0918 TRY 8.0924 WTI$ 62.96 -0.27% Gold 1,778.15 +0.10% BTC 57,020 +1475
S&P -0.13% Nasdaq +0.11% EuroStoxx +0.20% FTSE +0.02% Dax +0.08% SMI +0.05%
Macro :
Macro :
- Iran Says ‘New Understanding’ Is Taking Shape at Nuclear Talks
- Ether ETFs Cleared for Launch in Canadian Crypto Push
- Crypto Craze Fuels Dogecoin Rise From Joke Token to $50 Billion
- Hedge Funds Are Ready to Get Out of New York and Move to Florida
- Iran Identifies Suspect in Sabotage of Nuclear-Enrichment Site
- France Pledges EU1B in Aid for Farmers, Winemakers Hit by Frost
Spacs :
- SPAC Wipeout Is Punishing Followers of Chamath Palihapitiya
- WeWork's New Stock-Listing Plan Has Echoes of Its Past
Keep an eye on :
Keep an eye on :
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