U.S. equity futures and Asian stocks advanced Tuesday as investors focused on expectations for faster growth, and bond yields and commodities stabilized after their run-up on inflation concerns. The dollar dipped.
Stocks outperformed in Hong Kong and Australia. Japan is shut for a holiday. S&P 500 contracts climbed after fluctuating earlier. The index fell for a fifth day, its longest losing streak in a year. The Nasdaq 100 tumbled more than 2% as investors questioned the appeal of more expensive equities.
The Bloomberg Commodity Spot Index, which tracks price movements for 23 raw materials, earlier rose to its highest since March 2013. Brent oil consolidated above $65 a barrel as Goldman Sachs Group Inc. predicted prices could top $70 in coming months. WTI crude rose toward $63 a barrel.
Bonds steadied after a key part of the Treasury curve -- the gap between 5- and 30-year yields -- touched the highest level in more than six years. Cash Treasuries won’t trade in Asia because of the Japan holiday.
US After Hours EVER +11.7%, ZI +11.7%, FIVN +9.4%, CDNS +5.9% up big on earnings; NLS -13%, API -9.7%, REAL -5.6%, GDOT -4.1%, TREX -3.9% fall on earnings
Nikkei +0.46% Hang Seng +1.09% CSI -0.32% Shanghai -0.12% Shenzen -0.83%
Eur$ 1.2167 CNH 6.4627 CNY 6.4609 JPY 105.09 GBP 1.4060 CHF 0.8960 RUB 74.0993 TRY 7.0344 WTI 62.50+1.30% Gold 1,811.90+0.12% BTC 50,015 -2051
S&P +0.37% Nasdaq +0.48% EuroStoxx -0.03% FTSE +0.23% DAX +0.05% SMI -0.08%
Macro :
Macro :
- Ray Dalio Sees 5% of Top U.S. Stocks in Bubble Territory
- Elon Musk’s Bitcoin Tweet Hurts Tesla’s Own Bet in Currency (1)
- Johnson Says Pandemic End in Sight as He Plans U.K.’s Recovery
SPAC :
- Perella Weinberg SPAC Seeks $200 Million For Women-Led Business
- SPAC Mergers Spike to New Record Beneath Market Lull: ECM Watch
- Blank-Check Firm Backed by HelloFresh CEO Files for $300m IPO
- SPACs to Unicorns Have Germany Set for Big IPO Year: ECM Watch
Keep an eye on :
Keep an eye on :
- ABG SM : Abengoa Files Request for Voluntary Bankruptcy Proceeding
- ADP FP : ADP Will Avoid Large-Scale Acquisitions in Short-Term: CEO
- ADYEN NA : Adyen Pre-IPO Investor to Sell Shares Worth Up to $1.2 Billion
- ATL IM : Italy’s CDP Board to Discuss Autostrade Offer on Feb. 23
- BKT SM : *BANKINTER AIMS TO LIST LINEA DIRECTA BEFORE AGM IN APRIL: CEO
- BEFSA GY : Befesa FY Ebitda EU127.0M Vs. EU159.6M Y/y
- BEFB BB : Befimmo Buys Office Project in Louvain-a-Neuve for About EU27m
- BINV SS : BioInvent International Offering Prices at SEK50.36/Share
- CAI AV : Aggregate Said Close to Countering Starwood Bid for CA Immo
- CCL LN : Carnival to Sell $1 Billion in Shares, Capitalizing on Rebound
- CDR SM : *CODERE IN TALKS TO SELL STAKE IN ONLINE DIVISION: CONFIDENCIAL
- 1COV GY : *COVESTRO SEES FY EBITDA EU1.7B TO EU2.2B
- BN FP : Bluebell Suggests Schnepp to Replace Faber as Danone Chairman
- DHER GY : Delivery Hero Offering by Holders Prices at EU111.5/Share
- DIC GY : DIC Asset Launches Logistics Property Fund, Target Volume EU400M
- DBX US : Dropbox Converts Due 2026 Are Said Offered at Zero Fixed Coupon
- EZJ LN : EasyJet Says Travel Bookings Surge on Johnson Reopening Plan
- ZIL2 GY : ElringKlinger Prelim 4Q Adjusted Ebit EU24.7M
- ENG SM : Enagas FY Ebitda Misses Estimates
- ERICB SS : Ericsson Is Getting Ready to Face New U.S.-Backed Challengers
- FTK GY : FlatexDEGIRO Prelim FY Revenue EU261M
- FRE GY : Fresenius SE FY Adjusted Ebit Meets Estimates, Plans Cost Cuts
- FME GY : Fresenius Medical Care Sees Revenue Up, Net Income Down in 2021
- HEI GY : HeidelbergCement FY Revenue Meets Estimates
- NK FP : Imerys Performance Minerals Sets Temporary Shipping Surcharge
- INH GY : Indus Holding Prelim FY Revenue EU1.56B
- KBX GY : Knorr-Bremse Prelim FY Ebitda Margin Above 16.5% to 17.5%
- NDA SS : Nordea’s Main Investor Faces CMD Showdown as Elliott Seeks Exit
- NB2 GY : Bitcoin Mine Operator Is Said to Plot Dual Listing Via U.S. IPO
- PSPN SW : PSP Swiss FY Vacancy Rate 3% Vs. 3.50% Y/y
- RAA GY : Rational AG Sees 2021 Ebit Margin at Prior Year Level
- RAYB SS : Raysearch 4Q Orders SEK239.1M Vs. SEK138.5M Q/q
- G24 GY : Scout24 FY Oper Ebitda Beats Estimates
- SIGN SW : SIG Combibloc Sees 2021 Core Revenue Growth +4% to +6%
- 9984 JP : SoftBank May Seek WeWork Exit After Settling With Neumann: React
- 9984 JP : SoftBank May Seek WeWork Exit After Settling With Neumann: React
- FTI FP : TechnipFMC Unit FMC Wellhead Gets Petronas Carigali Contract
- TIT IM : Telecom Italia Confirms Agreement with DAZN on Soccer TV Rights
- TOM NO : TOMRA 4Q Revenue Beats Estimates
- VOW GY ; LG in Talks With Volkswagen, Vingroup on Smartphone Sector:DongA
- VOW GY : Volkswagen Considering Cooperation With SpaceX’s Starlink: WiWo