U.S. equity futures, Asian stocks and crude oil fell Monday amid concerns about more omicron-induced curbs and after a setback for President Joe Biden’s economic agenda prompted Goldman Sachs Group Inc. to cut forecasts for U.S. growth.
MSCI Inc.’s gauge of Asia-Pacific equities was on track to fall for its sixth session in seven. Treasury yields dropped, gold edged higher and the dollar held a jump from Friday amid a mood of caution.
Fresh lockdowns in parts of Europe to stem the rapid spread of omicron are also unsettling investors and weighing on risk sentiment. In China, banks lowered the one-year loan prime rate, a key benchmark of borrowing costs, for the first time in 20 months. Calls for easing had grown amid a property sector crackdown that’s weighing on economic expansion. Holiday period when thinner trading volumes can exacerbate swings.
Meanwhile, President Recep Tayyip Erdogan pledged to continue interest rate cuts that have made the Turkish lira the world’s worst performing currency over the past three months.
Elsewhere, Bitcoin held a decline in a sign of the reduced ardor for speculative investments as 2021 comes to a close.
On the virus front, rising cases led the Netherlands to return to lockdown, while U.K. Health Secretary Sajid Javid refused to rule out stronger measures before Christmas. U.S. lockdowns likely won’t be necessary but hospitals may be strained, Biden’s top medical adviser Anthony Fauci said.
Nikkei -2.12% Hang Seng -2.09% CSI -1.56% Shanghai -1.12% Shenzen -1.75%
Eur$ 1.1249 CNH 6.3870 CNY 6.3782 JPY 113.51 GBP 1.3225 CHF 0.9237 RUB 74.4631 TRY 16.8707 WTI$ 68.70 -2.95% Gold 1,801.43 +0.18% BTC 47,000 +0.55% ETH 3,930 +0.15%
S&P -1.30% Nasdaq -1,28% EuroStoxx -2.29% FTSE -1.64% Dax -2.22% SMI -1.39%
Macro :
Macro :
- Swiss Extradite Jailed Kremlin Technology Adviser to U.S.
- Fed’s Waller Says Rate Hike Warranted Shortly After Taper Ends
- Fed’s Waller Says Rate Hike Warranted Shortly After Taper Ends
- Europe Braces for More Covid Restrictions in Time for Holidays
- U.K.’s Top Diplomat, Liz Truss, Replaces Frost in Brexit Role
- Crypto Lures More Money in 2021 Than All Previous Years Combined
Keep an eye on :
Keep an eye on :
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- CERN US : Oracle Expected to Announce Deal to Buy Cerner Monday: CNBC
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- DDM SS : DDM Debt to Buy Swiss Bankers Prepaid Services
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- REP SM : Repsol to Sell Russian Assets to Gazprom Neft: Kommersant
- RCL US : Royal Caribbean Cruise Ship Reaches Miami After Covid Outbreak
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- RWE GY : RWE Flags Risk of Gas Power Plant Operation Interruptions: WamS
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- SBBB SS : SBB Makes Mandatory Public Offer for Amasten Shares
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- TIT IM : Ex-Telecom Italia CEO Resigns From Board With $8 Million Package
- TRN IM : Terna Refinances ESG-Linked Credit Line Worth up to EU1.65b
- UCG IM : Paschi Plans to Raise $2.8 Billion in 2022 to Meet Capital Needs
- UNH US : United Health Is Seeking to Sell Control of Amil, Globo Says
- VRS US : Billerudkorsnäs to Buy Verso for $27/Share in Cash
- VIFN SW : Vifor Pharma, American Regent Settle in Injectafer Patent Case