Shares in Asia drifted near record highs Monday, with volumes subdued as investors count down to the holiday break. Ten-year Treasury yields held above 1.90%.
Equities had modest declines in Tokyo, Sydney and Shanghai. They were little changed in Hong Kong and Seoul. S&P 500 futures were flat after logging a record high Friday, when the gauge capped its biggest weekly gain since September. The U.S. yield curve remains near its steepest in more than a year, underscoring how recession worries have receded. Oil prices are holding above $60 a barrel in New York.
Nikkei +0.02% Hang Seng -0.05% CSI -1.20% Shanghai -1.35% Shenzen -1.83%
Eur$ 1.1085 CNH7.0073 CNY 7.0105 JPY 109.40 GBP 1.3015 CHF 0.9816 RUB 62.2973 TRY 5.9349 WTI$ 60.14 -0.50%
S&P +0.03% EuroStoxx -0.13% Dax -0.12% FTSE -0.19% SMI +0.08%
Macro :
- Gold May Rise 20%+ on U.S. Recession Threat: Markets Live 2020
- Stocks Face 50% Odds of Correction in '20, Vanguard’s Davis Says
- Tencent to Invest Over $10 Billion in Europe, Handelsblatt Says
Keep an eye on :
- ADS GY : Adidas to Generate Record Sales, Profit in 2019, CEO Tells FAS
- ALV GY : Allianz’s Balbinot Sees Consolidation in Insurance Sector: Sole
- ATL IM : Italy Discusses Decree on Highway Concessions Revocation Rules
- ATL IM : Atlantia Likely to Be Volatile After Concession Decision: Citi
- SAB SM : Banco Sabadell Completes Transfer of Real Estate to Cerberus
- BAS GY ; Lone Star to Buy BASF Construction Chemical Ops for $3.5 Billion
- COB LN : U.K. Government Clears Cobham-Advent Deal After Security Review
- CONSB SS ; Nordic Capital Buys Consilium Marine & Safety for $319 Million
- CSGN SW : Finma Appoints Investigator to Probe Credit Suisse: FT
- CSGN SW : No Evidence Credit Suisse CEO Knew of Spying Incidents, SZ Says
- DKSH SW : DKSH Buys Axieo in Australia, New Zealand; No Terms
- ELE SM : Endesa Sells Fiber Networks to Lyntia for EU132M: Expansion
- FER SM : Broadspectrum Sale to Have EU270M Neg. Impact on Ferrovial P&L
- INVEB SS : Laborie Medical to Buy Clinical Innovations From EQT for $525m
- MBWS FP : Marie Brizard Top Holder to Finance 2020 Cash Flow Needs
- NESTE FH : Neste Sees Profit Pickup on Reinstated U.S. Blender’s Tax Credit
- RNO FP : Renault Samsung Motors’ Workers to Go On Strike Dec. 23: Daily
- ROG SW : Roche to Pay $1.15b for Rights to Sarepta’s DMD Treatment
- SAN FP : Sanofi Launches Synthorx Offer, to Run Until Jan. 22
- STLN SW : Schmolz + Bickenbach Family Demands Compulsory Offer: NZZ
- SKAN SS : Skanska Sells Office Building in U.S. for ~SEK1.5b
- TSCO LN : Tesco Suspends Chinese Card Maker on Forced-Labor Allegation
- TSLA US : Tesla Manufacturing Executive Bruggeman to Leave, WiWo Says
- FP FP : Apache, Total to Set Up Exploration JV in Offshore Suriname
- UBSG SW : UBS to Introduce New Research & Analytics Unit in 2020: Finews