Asian stocks rose Wednesday as traders assessed the global recovery’s resilience to the delta virus variant and the outlook for central bank stimulus. Yields on U.S., Australian and New Zealand sovereign debt climbed.
MSCI Inc.’s Asia-Pacific gauge hit the highest level in more than a month, bolstered by Japan and a continuing rebound in Chinese technology stocks on bets that the worst of Beijing’s regulatory clampdown may have passed.
S&P 500, Nasdaq 100 and European futures were in the green. U.S. stocks edged back overnight from a record amid mixed data, including weaker consumer confidence and a jump in home prices.
Treasuries declined, as did government bonds from Australia and New Zealand. Hawkish comments from some European Central Bank officials had put the spotlight on the prospect of a reduction in monetary-policy support as economies recover from the pandemic.
US After Hours Several names higher on earnings: PLAN +14%, PVH +7.4%, CAL +5.9%, AMBA +5%, but CRWD -4.6% lower on earnings
Nikkei +1.11% Hang Seng +0.51% CSI +1.23% Shanghai +0.47% Shenzen -0.65%
Eur$ 1.1803 CNH 6.4580 CNY 6.4629 JPY 110.19 GBP 1.3738 CHF 0.9181 RUB 73.2352 TRY 8.3255 WTI$ 69 +0.73% Gold 1,814.53 +0.05% BTC 47,150 +145 ETH 3,450 +58
S&P +0.33% Nasdaq +0.29% EuroStoxx +0.69% FTSE +0.49% Dax +0.51% SMI +0.33%
Macro :
- ECB’s Guindos Says NPLs Will Rise: El Confidencial
- OPEC+ Meets With No Sign of Deviating From Planned Output Hikes
- Evergrande’s Woes Worsen With Liabilities Over $300 Billion
- Didi Creates Union, Setting a Precedent for Xi’s Workers Agenda
Spacs :
- Global Market Watchdogs Team Up to Explore Regulating SPACs
- Moelis SPAC Holders Advised by ISS to Vote Down Archer Deal (1)
Keep an eye on :
- AAL LN : Anglo American Close to Appointing New CEO: Sky News
- AG1 GY : AUTO1 Holder DN Capital Offers 2.2m Shares: Terms
- BATS LN : More Than Half South African Tobacco Market Is Illegal, BAT Says
- BIM FP : BioMerieux Maintains FY Organic Sales 0% to +5%
- CA FP : Agache to Sell About 5.7% of Carrefour’s Shares in Placing
- CDON SS : Cdon Offering of 440,000 Shares Prices at SEK455/Share via SEB
- ACA FP : Credit Agricole Names Lee APAC Acquisition Finance Head
- DBK GY : Deutsche Bank Names ICBC’s Cecilia Hua as China Head of Consumer
- DOKA SW : Dormakaba FY Net Sales Meet Estimates
- EDF FP : France-EU Talks on EDF Blocked, Basis for Restart Is Uncertain
- ELIS FP : Elis: Acquisition of Purewashrooms in the UK
- ELMS US : Electric Last Mile Solutions Gains After Announcing New EV
- ENGI FP : Engie In Exclusive Talks to Sell Industrial Unit Endel to Altrad
- EO FP : Faurecia CEO Says Chips Shortages Will Last Until End 1H 2022
- MEDCL FP : Teva Gains After FDA Accepts Filing for Schizophrenia Drug
- KN FP : Natixis Returning to Derivatives at Heart of $300 Million Losses
- NFLSK DC : Nilfisk 2Q Revenue EU257.8M; Keeps Outlook (1)
- RI FP : Pernod Ricard FY Recurring Operating Income Beats Estimates
- RAND NA : Randstad in Talks to Buy Recruitment Specialist Hudson: De Tijd
- RNO FP : French August New Car Registrations Fall 15.4%: PFA
- SGO FP : Saint Gobain Sells Glass Processing Ops in France, Germany
- STLA IM : Stellantis Plans to Operate Melfi Plant Just 5 Days in September
- STLA IM : French August New Car Registrations Fall 15.4%: PFA
- STM FP : Ambarella Jumps After 3Q Revenue Forecast Beats Estimates --> +9% in after hours
- ULVR LN : Dual Listings Lose Shine in Europe as Funds Go Global: ECM Watch
- WIE AV : Wienerberger Offers Up to 2.5m Treasury Shares, Offering Prices at EU32.5/Treasury Share
- ZEAL DC : Zealand Pharma Gains; Nordea Hails Weight-Loss Drug Data