The dollar weakened against most of its Group-of-10 counterparts and Japanese stocks climbed amid subdued trading on Monday, with many major centers in Asia closed for Lunar New Year celebrations. The Topix index jumped more than 1% while Australian shares inched higher. US equity futures were marginally lower after a surge on Friday, when the S&P 500 Index rose for the first time in four days and the tech-heavy Nasdaq 100 saw the biggest one-day gain since November, thanks in part to gains by Google parent Alphabet Inc. and Netflix Inc. Contracts for European stocks climbed. Treasuries were little changed in Asia while bond yields moved higher in Australia and New Zealand, tracking moves in the US debt market on Friday. Japan’s benchmark 10-year yield fell one-and-a-half basis points to 0.385%, well below the 0.5% ceiling set by policy makers, after the Bank of Japan said it would provide ¥1 trillion yen ($7.7 billion) of collateralized loans for banks in a bid to limit a rise in rates. The yen reversed earlier gains against the greenback. oil edged lower as investors assessed the outlook for demand following China’s reopening and risks to Russian output in 2023. Gold edged higher. Financial markets trading in Asian hours is likely to be thinner than usual with major centers including Hong Kong, Shanghai, Singapore and Seoul closed for Lunar New Year celebrations Monday. Many regional markets will remain closed until midweek and mainland China trading won’t resume until Jan. 30.
Nikkei +1.40% Hang Seng Closed CSI Closed Shanghai Closed Shenzen Closed
Eur$ 1,0893 CNH 6,7772 CNY 6,7927 JPY 129,93 GBP 1,2415 CHF 0,9180 RUB 68,50 TRY 18,8025 WTI$ 81,58 Gold 1,924 BTC 22,741 +0,68% ETH 1,635 +0,50%
S&P -0,02% Nasdaq +0,02% EuroStoxx +0,46% FTSE +0,18% Dax +0,50% SMI +0,29%
Macro :
- Morgan Stanley’s Wilson Says US Stocks Not Pricing Weak Data
- Germany and France Push for Huge Spending to Compete With US
- *YELLEN SAYS FAILING TO ADDRESS DEBT LIMIT COULD CAUSE RECESSION
- Bankman-Fried Assets of Almost $700 Million May Be Forfeited
- Bankman-Fried Assets of Almost $700 Million May Be Forfeited
- Paul Singer’s Elliott Raked In a Record $13 Billion Last Year
Keep an eye on :
- ASSD LN : Asda Owners Plan £10 Billion Merger With Petrol Stations: Times
- BAYN GY : Bayer Holder Criticizes Supervisory Board Chair, WiWo Says
- CNE LN : Palliser Campaign Against Capricorn Wins Glass Lewis Support
- CEM IM : Cementir Holding: Roberto Marazza to Become New Group CFO
- DSM NA : DSM Extends Acceptance Period for Firmenich Deal
- EDF FP : French Government Has 90% of EDF; Set to Allow Squeeze Out
- ISP IM : Intesa Sanpaolo Sees Fully Loaded CET1 Ratio Around 13% ‘22 End
- JUVE IM : Juventus Soccer Club Hit with 15-Point Slam for False Accounting
- NOKIA FH : Nokia, Samsung Reach Amicable Multi-Year Agreement on 5G Patents
- RNO FP : Nissan to Acquire ‘Up to 15%’ of Renault’s EV Business: NHK
- RYA ID : Ryanair’s O’Leary Says He May Stay at Helm Until 2032: Telegraph
- CRM US : Elliott May Push Salesforce for More Buybacks, Cost Cuts: React
- SDF GY : K+S Dividend Cut Likely in 2023 on Free Cash Flow Fall: Warburg
- SY1 GY : Symrise Prelim FY Sales Meets Estimates
- HO FP : French Defense Budget a ‘Significant Positive’ for Thales: Citi
- UN01 GY : Uniper Names Jutta Doenges as New CFO
- UN01 GY : Uniper Names Jutta Doenges as New CFO
- ZF Fried. : ZF Plans $3 Billion German Chip Factory to Power EVs
- ZUBN SW : Züblin Immobilien Holding: Vladislav Osipov Withdraws From Board