Stocks fell in Asia Friday after U.S. shares slid from a record, with Treasury yields hovering around the highest levels in over a year as concerns about faster inflation rattle investors.
China’s CSI 300 share gauge slumped as chilly U.S.-China talks soured the mood. Japan’s Topix rallied and the Nikkei 225 sank after the Bank of Japan said it will focus purchases of exchange-traded funds on the former gauge. European contracts retreated and U.S. equity futures edged down after the Nasdaq 100 slid 3.1% and the S&P 500 fell 1.5%.
U.S. Treasury yields steadied after a spike drove the 10-year benchmark to 1.75% for the first time since January 2020. Crude prices struggled following a 7% plunge that owed partly to concerns that new virus-related curbs in Europe will sap demand. The dollar held its gains from the prior day.
The Bank of Japan’s policy decision included a widening of the flexible trading band to 25 basis points either side of its 0% target for the 10-year yield. Government bonds and the yen were little changed on the announcement.
US After HOurs OLLI +4.6%, FDX +3.6% rise on earnings; NKE -2.9% lower on earnings; several NFL deals signed with AMZN, FOXA, VIAC
Nikkei -1.11% Hang Seng -1.55% CSI -1.90% Shanghai -1.04% Shenzen -1.16%
Eur$1.1915 CNH 6.5151 CNY 6.5126 JPY 108.81 GBP 1.3915 CHF 0.9267 RUB 74.4151 TRY 7.3569 WTI$ 59.46 -0.90% GOLD 1,741 +0.25% BTC 58,150 -1095
S&P +0.10% Nasdaq +0.18% EuroStoxx -0.83%% FTSE -0.93% Dax -0.70% SMI -0.84%
Macro :
Macro :
- Watch Oil Stocks Amid Crude’s Biggest Weekly Fall Since October
- Germany Resumes Use of Astra Vaccine After EU Regulator Backs it
- Germany Resumes Use of Astra Vaccine After EU Regulator Backs it
- Spain to Reinstate AstraZeneca Vaccine After EU Validation
- BOJ Sets Yield Range at Around 25 Bps Either Side of Target
- U.S.-China Talks in Alaska Quickly Descend Into Bickering
Keep an eye on :
Keep an eye on :
- ADS GY : Nike 3Q Revenue Misses Estimates --> -4% in afterHours
- ALO FP : Alstom to Supply Chicago’s Metra About EU650M Rail Cars
- ALO FP : Alstom to Supply Chicago’s Metra About EU650M Rail Cars
- B90 LN : B90 Gains 600% in Two Days After Shares Resume Trading on AIM
- IAG LN : British Airways Explores Sale of Headquarters, FT Says
- CBK GY : Finance Ministry Names Candidates for Commerzbank Chairman: HB
- DST FP : Dassault to Propose 2020 Div of EU0.56-Shr vs EU0.70-Shr Prior
- DBK GY : SoftBank Is Said to Seek $1.2 Billion In Greensill Collapse (1)
- DPW GY : FedEx Shares Jump on Quarterly Profit Beat, Bullish Outlook (2)
- ENEL IM : Enel 2020 Adj. Net EU5.2b, Est. EU5.1b
- ENI IM : Eni Says It Adhered to Hypothesis of Agreed Sanctions
- IDOX LN : Dye & Durham Doesn’t Intend to Make An Offer for Idox
- INRN SW : Interroll FY Ebitda Beats Estimates
- JDEP NA : JDE PEET’s N.V.: Acorn Converts Some Interests to Direct Shares
- LPE FP : Laurent-Perrier Names Thomas Chairman, Cheval as Vice-Chairman
- LSEG LN : LSE Holders to Sell About 10.5m Voting Shares, London Stock Exchange Orders Below GBP71.50 Risk Missing
- MRL LN : Marlowe Offers 14.5m Shares at 690p/Share
- MMT FP : Mediaset Weighs Purchase of 48% of France’s M6: MF
- NXTGMS FH : Next Games Oy Offering of 2.02m Shares Prices at EU2.1/Share
- PST IM : Poste Italiane Eyes 33% Jump in 2024 Net Profit From 2020
- RAL FP : Rallye Board to Recommend Skipping Dividend Payment for 2020
- RENE PL : REN FY Net Income EU109.2M Vs. EU118.9M Y/y
- TIT IM : Italy Is Said to Review Telecom Italia’s Single-Network Plan