The bond selloff continued Monday as Treasury yields climbed and sovereign debt in Australia and New Zealand slid on concerns about faster inflation, tempering stock market optimism from positive vaccine news.
Benchmark 10-year Treasury yields climbed to the highest in about a year. A gauge of Asian stocks edged lower, erasing earlier gains amid a surge in metals that could fan price pressures. Japanese shares outperformed while other key markets lagged. S&P 500 and European futures dipped after the U.S. index slipped Friday.
Copper hit the highest in more than nine years in a sign of optimism about the global recovery. Crude oil climbed to $60 a barrel as the market assessed the fallout from the big freeze across Texas. Bitcoin notched another record over the weekend, spurring a rally in the shares of Asian cryptocurrency stocks.
Nikkei +0.46% Hang Seng +0.07% CSI -2.33% Shanghai -0.785 Shenzen -1.35%
Eur$ 1.2120 CNH 6.4610 CNY 6.4612 GBP 1.4014 CHF 0.8983 RUB 74.1406 TRY 6.9763 WTI$ 59.96 + 1.22% Gold 1,791 BTC 55950 -1630
S&P -0.20% Nasdaq -0.33% EuroStoxx -0.46% FTSE -0.62% Dax -0.45% SMI -0.39%
Spacs
- Apex Clearing Is Said To Have Agreed to Go Public via SPAC
- Starboard SPAC Nears Deal for Data-Center Company Cyxtera, Sources Say
- Lucid Motors Is Said to Near Deal to Go Public via Klein’s SPAC
- Michael Dell-Backed SPAC Files to Raise $500 Million
- Elliott Files Two SPAC IPOs for Total of $1.5b
- MSD Spac Backed by Ex-Goldman Sachs Banker, Dell CEO Seeks IPO
- Joyy Says Bing Jin to Step Down as CFO at End of April
- Churchill Capital Corp. IV Among Most Cited in StockTwits
Macro :
Macro :
- U.K.’s Johnson to Say All Schools in England to Open March 8 (1)
- Bubble Warnings Go Unheeded as Everyone Is a Buyer in Stocks
- U.K.’s Johnson Plans to Ease Some Covid Curbs by Easter: Tel.
- Copper Passes $8,900; Tin Powers Higher: N.A. Materials Wrap
Keep an eye on :
- Copper Passes $8,900; Tin Powers Higher: N.A. Materials Wrap
Keep an eye on :
- AIR FP : Boeing Supports Decisions by Japan Civil Aviation Bureau, FAA
- ALM SM : Almirall FY Ebitda Beats Estimates; Names New CEO
- ASTM IM : ASTM Receives Voluntary Tender Offer From NAF 2 @ E25.60/Share (28.8% Premium vs Friday Close)
- BAYN GY : Bayer Sues for Patent Royalties on Ecomed’s Sales of CT Syringes
- EN FP : Paris Reaches Deal With Mobile Operators on 5G Launch, AFP Says
- CAI AV : Starwood’s $4.1 Billion CA Immo Takeover Offer Opens Monday
- CBK GY : Commerzbank Expects to Shed 1.7 Million Customers, WamS Reports
- CON GY : Continental to Suspend FY 2020 Dividend Amid Negative Net Income
- CVAL IM : Credit Agricole: Block Purchase Pact for 919,488 Creval Shares
- BN FP : Artisan Partners ‘Encouraged’ by Danone’s Greater Transparency
- EDF FP : Siemens Gamesa Wins Order for 64 Offshore Wind Turbines
- EDF FP : Siemens Gamesa Wins Order for 64 Offshore Wind Turbines
- FFP FP : FFP to Change Name to Peugeot Invest
- GALP PL : Galp 4Q Adjusted Net Misses Estimates
- HIK LN : Hikma Sues to Block Generic Version of Gout Drug Mitigare
- ICAD FP : ICADE Sees 2021 NCCF Growth Per Share About +3%
- IPN FP : Ipsen Announces Positive Phase II Data for Lanreotide
- KNIN SW : Kuehne + Nagel Buys Apex International; No Price Disclosed
- KSS US : Kohl’s Is Said to Face Activist Group Seeking Control of Board
- NEX FP : Nexans Plans up to EU2b in Acquisitions in Next 3 Years: FT
- PAH3 GY : Porsche Lifts Savings Target to $12 Billion, Automobilwoche Says
- PFG US : Elliott Is Said to Take Stake in Insurer Principal Financial
- RBI AV : Raiffeisen Suspends Work on Polish FX-Loan Settlements: RP.PL
- RTX US : United Plane Showers Debris Near Denver After Engine Failure
- SFQ GY : SAF-Holland SE Prelim FY Sales Beat Estimates
- SAGA LN : Saga in Talks to Secure 170 Million-Pound Debt Package: Sky News
- SHA GY : Schaeffler CEO Rejects Breaking Up Group, Sueddeutsche Reports
- SHLTN SW : SHL Telemedicine Mulls Dual Listing in U.S. or Tel Aviv
- SGRE SM : Siemens Gamesa Wins Order for 64 Offshore Wind Turbines
- SIG LN : Billionaire Sawiris Said to Back $4.7 Billion Signature Takeover
- VOW GY : Volkswagen’s Largest Factory Faces Battery Cell, Chip Shortages