Asian stocks rose Tuesday after U.S. shares rallied to the highest since February, with progress on European stimulus and coronavirus vaccines also boosting sentiment. The dollar held losses.
Shares were up more than 1% in Australia, South Korea and Hong Kong. Japan and China were little changed. European futures gained after European Union leaders reached a deal on a landmark stimulus package. Treasuries and oil were steady. S&P 500 contracts fluctuated after the benchmark turned positive for the year. Earlier, the Nasdaq 100 jumped to a record on demand for companies like Amazon.com Inc. and Zoom Technologies Inc. that benefit from more people staying at home due to the pandemic.
US After Hours IBM +4.5% on its largest EPS beat in past 4 qtrs; HIBB +24.7% as JulQ comps are expected to exceed +70%; ACAD falls -11.6% on disappointing Phase 3 data
Nikkei +0.76% Hnag Seng +1.86% CSI +0.15% Shanghai +0.12% Shenzen +0.55%
Eur$ 1.1446 CNH 6.9893 CNY 6.9912 JPY 107.35 GBP 1.2685 CHF 0.9390 WTI$ 41 +0.2%
S&P +0.62% NAsdaq +0.90% EuroStoxx +0.86% Dax +1.15% SMI +0.85%
Macro :
- Hedge Funds Hit by Outflows for Ninth Consecutive Quarter
- Citi Sees Gold at Record High; Silver’s Run: N.A. Materials Wrap
- EU Leaders Reach Deal on 750 Billion-Euro Virus Recovery Fund
Keep an eye on :
- AF FP : Air France Pilots’ Union SNPL Agrees Tentative Deal on Transavia
- ALFA SS : Alfa Laval Second Quarter Adjusted Ebita Beats Highest Estimate
- AZN LN : AstraZeneca Vaccine Data Appear Less Competitive, Analysts Say
- BSLN SW : Basilea Delta Share Sale Price Guidance Set at CHF50 Each: Terms
- BSLN SW : Basilea Pharmaceutica Conversion Price for New Bonds CHF62.50
- BAYN GY : Bayer Roundup Verdict Slashed by Appeals Court
- BETSB SS : Betsson Second Quarter Operating Profit 4.9% Above Estimates
- BA US : Boeing CEO Downplays $50 Billion Sales Goal for Services: AvWeek
- CLNX SM : Cellnex Boosts FY Adjusted Ebitda View, 1.7% Above Est.
- CON GY : Continental Sales Beat Estimates, Though Car Supplier Is Wary
- CLXN SW : Crealogix to Cut About 10% of Jobs in Reorganization
- CSGN SW : SoftBank Pulls $700 Million From Credit Suisse Fund
- ENGI FP : Engie Agrees to Buy Tag’s Remaining Stake of 10% From Petrobras
- EVO SS : Billionaire to Sell Up to $658 Million of Evolution Gaming Stock
- GET FP : Getlink: Eurotunnel Le Shuttle Served 30k+ Cars July 17-19
- DANSKE DC : Danske Seen Cutting at Least 1,000 Jobs in ‘Significant’ Move
- FI-N SW : Georg Fischer First Half Sales 4.4% Below Estimates
- GIVN SW : Givaudan First Half Ebitda 3.3% Above Estimates
- ICAD FP : ICADE First Half Group NCCF/Shr EU2.18 Vs. EU2.36 Y/y
- KNIN SW : Kuehne + Nagel First Half Ebit Beats Estimates
- LISN SW : Lindt & Spruengli First Half Sales 3.4% Above Estimates
- LOGN SW : Logitech Boosts Full Year Adjusted Operating Income Forecast
- NAS NO : Norwegian Air to Convert NOK419.3M in Payables to Shares
- NOVN SW : Novartis Narrows FY Net Sales Guidance to Lower End of View
- ORP FP : Icade Buys Healthcare Facilities From Orpea for EU145m
- RAND NA : Randstad Second Quarter Gross Margin Matches Estimates (1)
- RCO FP : Remy Cointreau Raises Profit Outlook as Lockdowns Spur Cocktails
- RESURS SS : Resurs Holding Second Quarter EPS Beats Estimates
- SRT GY : Sartorius First Half Adjusted Ebitda EU293.5 Mln, +24% Y/y
- SAGA LN : Saga Revives Plan to Sell Its Luxury Tour Operator: Sky
- SFSN SW : SFS First Half Ebit Meets Estimates
- SGSN SW : SGS First Half Adjusted Operating Income CHF330 Mln, -33% Y/y
- SSABA SS : SSAB Second Quarter Ebitda Beats Estimates
- SSE LN : Scottish Utility Seeks Global Role in Renewable Energy Boom
- STM GY : Stabilus Prelim 3Q Adj Ebit EU5.7m; Reports Non-Cash Impairments
- STERV FH : Stora Enso Second Quarter Operating Ebit Beats Estimates
- SKFB SS : SKF 2Q Adjusted Operating Profit Beats Highest Est.
- SDRY LN : Activist Investor Gatemore Snaps Up Stake in Struggling Superdry
- TSLA US : China to Exempt Purchase Tax for All Locally-Made Tesla Model 3s
- THULE SS : Thule Second Quarter Ebit Beats Highest Estimate
- UBI IM : UBI Board to Review Intesa’s Raised Offer Tues.: Sole, Corriere
- UBSG SW : SEC Says UBS Financial Services to Pay $10M to Resolve Claims
- UBSG SW : UBS Signals Buyback Returns After Net New Money Beats Estimates
- UNA NA : Microsoft, Nike, Unilever Announce Global Carbon-Neutral Group
- WHA NA : Wereldhave First Half EPS EU0.97