Asian stocks rose with U.S. futures Monday amid optimism about some progress on stimulus talks in Washington. Treasuries retreated.
S&P 500 Index futures gained after the gauge closed higher for a third week on Friday. Stocks climbed across Asia with those in Japan outperforming. Speaker of the House Nancy Pelosi set a Tuesday deadline for more progress with the White House after lengthy discussions at the weekend with Treasury Secretary Steven Mnuchin. Treasury yields ticked higher. The pound edged up after a report officials were prepared to water down controversial Brexit legislation in a move that could revive failing talks with the European Union.
Elsewhere, oil fluctuated ahead of an OPEC + meeting. The New Zealand dollar rose after Jacinda Ardern’s emphatic election victory. The yuan pared gains and stocks slipped after Chinese GDP data missed expectations, though the move was muted as retail sales and industrial production beat.
Nikkei +1.18% Hang Seng +0.81% CSI -0.15% Shanghai -0.23% Shenzen -0.12%
Eur$ 1.1718 CNH 6.6957 CNY 6.7013 JPY 105.44 GBP 1.2927 CHF 0.9158 RUB 77.9715 WTI$ 40.78 -0.44%
S&P +0.60% Nasdaq +0.70% EuroStoxx +0.34% FTSE -0.14% Dax +0.26% SMI
Macro :
- Speculators Reverse Big Nasdaq Short in Futures Buying Frenzy
- U.K. Could Rewrite Lawbreaking Brexit Bill as Part of EU Deal
- U.K. Rating Cut by Moody’s on Weaker Growth, Fiscal Strength
- Citadel Securities Sues SEC, Escalating Fight Over IEX’s D-Limit
- Toshiba Targets $3B Quantum Cryptography Rev. by 2030: Reuters
- OMERS Targets Buying More Real Estate in London: Financial Times
- A Quant Fund’s Take on Currency Hedging in a Volatile Year
Keep an eye on :
- ATUS US : Altice Boosts Offer to Buy Cogeco in Revised $8.4 Billion Deal
- ATUS US : Gestion Audem Rejects Second Bid for Cogeco From Altice
- ATL IM : Atlantia Sells Telepass Stake to Partners Group for $1.2 Billion
- AZA SS : Avanza Third Quarter Operating Income Beats Estimates
- BARC LN : Barclays’ Staley Said to Have Board Support to Stay: Telegraph
- BOO LN : PwC Resigns as Boohoo Auditor on Reputation Concerns, FT Says
- DAI GY : Daimler Mobility Seeks to Buy Star Rent A Car Korea: Herald
- BN FP : Danone Restores 2020 Guidance; Reorganizes Structure
- BN FP : Danone to Sell Assets, Shake Up Management to Revive Business
- BN FP : Danone: 2020 pressreleases PR Q3 2020
- DHER GY : Amrest Sells 7.5% Stake in Glovo to Delivery Hero for EU76.15m
- ENEL IM : Enel May Approve Sale of Open Fiber Stake by Year-End, Sole Says
- ENGI FP : Engie Has ‘Easy Wins’ Ahead, MS Confident About Transformation
- EUCAR FP : Europcar to Publish 3Q Results on Oct. 26
- ERF FP : Eurofins Gets U.S. Emergency Approval for At-Home Covid Test
- FB US : Ireland Probes Instagram for Child Data Exposure: Telegraph
- FLYB LN : Hedge Fund in Talks to Reacquire Some Flybe Assets, Sky Reports
- GET FP : Getlink Withdraws Profit Forecast Due to Second Covid-19 Wave
- GFS LN : U.K.’s G4S Continues to Reject GardaWorld Terms for Takeover
- GKTX FP : Genkyotex Granted FDA Orphan Drug Status for Setanaxib
- HUM SS : Humana Shares Worth Buying on Long-Term Growth Prospects: DI
- INTRUM SS : Intrum Prelim Third Quarter Adjusted Ebit Beats Estimates
- BAER SW : Julius Baer Assets Under Management CHF413 Bln
- KORI FP : Korian Third Quarter Organic Revenue +1%
- LAT FP : Latécoère Announces New Loan Agreements and Short-Term Negotiable Securities Program
- NEL NO : Nel: Everfuel Contemplates Placement, Listing on Merkur Market
- PHIA NA : Philips Case Against Unlicensed Electronics to Be Probed
- PHIA NA : *PHILIPS SEES 2021 LOW DIGIT COMPARABLE SALES GROWTH
- PRS SM : *Sanoma acquires Santillana Spain, a leading Spanish provider of K-12 learning materials
- RNO FP : Renault Aims to Turn $80,000 Sports-Car Line Into a Mini Ferrari
- ROG SW : Genentech Gets Full FDA Approval for Venclexta Combo
- RR/ LN : Rolls-Royce Staff at Barnoldswick Plant Authorize Strike
- SZG GY : Salzgitter Names Vattenfall’s Groebler CEO Effective 2021
- TEL NO : Telenor’s Grameenphone 3Q Ebitda Before Other Items NOK2.43b
- TKA GY : German Economy Minister Against Nationalization of Thyssenkrupp
- 8TRA GY : Traton Agrees to Buy Rest of Navistar for $44.50 Per Share
- UBSG SW : Option Traders Expect Greater Earnings-Day Volatility for UBS