U.S. equity futures rose and Asian stocks pared losses Monday as traders evaluated the possibility of a summit on Ukraine between President Joe Biden and his Russian counterpart Vladimir Putin. Nasdaq 100, S&P 500 and European contracts erased falls to climb about 1%, while an Asia-Pacific equity index came off its lows but stayed in the red. Markets are being whipsawed by Russia’s troop buildup near Ukraine and efforts at diplomacy to bring both sides back from the brink of war. France said its proposal for a diplomatic meeting was accepted in principle by Biden and Putin. U.S. officials said a summit would occur only if Russia doesn’t invade Ukraine. There was no immediate confirmation from Moscow, which has repeatedly denied that it plans to invade. Demand for havens eased, taking gold below $1,900 an ounce. Treasury futures slipped -- cash Treasuries won’t trade because of a U.S. holiday. Bond yields in Australia and New Zealand stayed lower in a sign of ongoing investor caution. The dollar dipped and Russia’s ruble rose more than 1%. Other commodity-linked currencies rallied. Oil fluctuated and nickel jumped as investors weigh risks to supplies from the tension in eastern Europe. Bets on an aggressive, 50 basis-points Fed liftoff next month have diminished. The Fed’s key inflation metric may have accelerated to a fresh four-decade high in January, data this week is expected to show. In Hong Kong, Chinese technology stocks sank on concerns about more regulatory curbs on the sector.
Nikkei -0.78% Hang Seng -0.75% CSI -0.36% Shanghai +0.00% Shenzen +0.61%
Eur$ 1.1373 CNH 6.326 CNY 6.3319 JPY 114.94 GBP 1.3629 CHF 0.9196 RUB 76.6785 TRY 13.6215 WTI$90.78-0.32% Gold 1,890.60-0.41 BTC 39,250 +2.60% ETH 2,750+6%
S&P -0.95% Nasdaq +0.93% EuroStoxx +0.94% FTSE +0.55% Dax +1.01% SMI +0.45%
Macro :
- ‘Danger Zone’ for Italian Debt the Next Focus for Bond Traders
- Johnson to Unveil Plan This Week to End U.K. Covid Restrictions
- JPMorgan Quant Says Fastest Trend Followers Are Set for Comeback
- EU Open to Cryptocurrency But With Regulation, Top Official Says
- Goldman Touts Attractive Risk-Reward in China Internet Sector
- Italy Approves $9 Billion Aid Package for Energy, Auto Relief
Keep an eye on :
- AF FP : Air France Has Shareholder Support for Capital Increase: Echos
- AON US : Aon Adds $7.5b to Buyback Program, Raises Quarterly Dividend 10%
- BAMI IM : Banco BPM Restarts Govt Incentives Tax Credit Trading Business
- BDT GY ; Bertrandt 1Q Ebit EU9.91M Vs. EU4.53M Y/y
- BOCH LN : Bank of C CNyprus 4Q Adjusted Pretax Profit EU31M
- BOO LN : Battle of the billionaires as hedge fund tycoon targets Boohoo
- SHL GY : FTC Approves Changes to Boston Scientific Divestiture Agreement
- BP/ LN : BP CEO Looney Gets GBP 1.2 Million in Company Shares as Bonus
- CO FP : Casino’s GreenYellow Said to Raise About 200 Million Euros
- CLG LN : GXO Logistics Plans to Buy U.K.’s Clipper for About $1.3 Billion
- CSGN SW : Credit Suisse Had Clients Tied to Corruption, Reports Say
- CSGN SW : SoftBank Calls Credit Suisse Subpoena a ‘Fishing Expedition’
- DGE LN : Diageo Starts Third Phase of Return of Capital Program
- DGI9 LN : Digital 9 Says Pact for Tetra Ireland Majority Stake Is Ended
- DNO NO : DNO 2P Reserves 321M BOE at End of 2021, Down From Year Earlier
- DUFN SW ; Dufry Names Xavier Rossinyol CEO as of June 1
- ENI IM : Eni Said to Add Six Banks for IPO of $11 Billion Renewables Unit
- ENO SM : Elecnor Seeks Financial Partner for Wind Power Generation Unit
- ERICB SS : Apple Bid to Block Ericsson Base Stations Get ITC Investigation
- EXO IM : Exor Says It Made Settlement With the Italian Tax Authorities
- EO FP : Faurecia SE FY Ebitda Beats Estimates
- FIXX US : plunges 34% in after hours, after saying it was notified by the FDA that its pheNIX gene therapy trial of HMI-102 has been placed on clinical hold due to the need to modify risk mitigation measures.
- HNR1 GY : Hannover Re Transfers Catastrophe Bonds to Capital Market
- HLMA LN : Halma Bought International Light Technologies for $26.6M
- ICAD FP : ICADE FY Group Net Current Cash Flow per Share Beats Estimates
- INTRUM SS : Intrum Committee Proposes Magnus Lindquist Board Chairman
- MNZS LN :Menzies Gets Increased Proposal From Agility at 608p/Share Cash
- MRK GY : Merck KGaA Gets EC Approval for Tepmetko for Advanced NSCLC
- NWG LN : NatWest to End Ties to Some Clients Over Pollution: FT
- NHY NO : Norsk Hydro Says Power Failure Cut 25% of Brazil Plant Capacity
- NDX1 GY : Nordex Weighing Options for Its German Production Sites: DPA
- PHA GY : Porsche to Invest $570 Million for Electric 718: Automobilwoche
- PAH3 GY : Porsche Taycan Overtakes 911, But Both Winners in IPO or Spinoff
- REC BB : Greiner to Sell 22.6% Stake in Recticel to Baltisse
- REP SM :
- SFOR LN : S4 Capital Considers Listing in U.S.: Times
- SFQ GY : SAF-Holland SE Prelim 4Q Adjusted Ebit EU22M vs EU20.3M
- SEM PL : Semapa FY Net Income EU198.1M Vs. EU106.6M Y/y
- TEF SM : *TELEFONICA, DAZN REACH EU1.4B ACCORD ON SPANISH FOOTBALL: CONFI
- TSLA US : Tesla Faces Scrutiny by German Regulator Over Autopilot Feature
- TIT IM : Telecom Italia Says Plan Targets Not Yet Discussed
- TIT IM : *KKR MAY OPPOSE TELECOM ITALIA'S GRID SPINOFF PLAN: LA STAMPA
- TTE FP : TotalEnergies, APA Make Significant Oil Discovery in Suriname
- WLN FP : Worldline Gets EU2.3b Offer From Apollo for TSS