Asian stocks fell Tuesday as Treasuries and the dollar edged higher, with traders monitoring setbacks in the recovery from the pandemic and braced for U.S. auctions that will test demand for bonds.
Equity indexes slipped into the red across the region, with China’s CSI 300 nearing its year-to-date low. U.S. and European equity futures retreated after an overnight rally on Wall Street that saw the Nasdaq 100 outperform the S&P 500, aided by a drop in long-term borrowing costs.
The 10-year U.S. Treasury yield subsided further from the highest in about 14 months amid hopes of improved demand in this week’s heavy round of sales. The offerings include a seven-year note, a maturity that fared poorly in last month’s auction, sending benchmark yields sharply higher.
Oil prices slid and the dollar rose. New Zealand’s currency erased this year’s gains after the government took steps to rein in surging property prices, cooling speculation about central bank rate hikes.
US After Hours IONS -19.4% falls on Roche discontinuing dosage; BLFS +12% jumps on earnings and acquisition; DSP -9.8%, RAVN -9.6% fall on earnings
Nikkei -0.61% Hang Seng -1.57% CSI -1.10% Shanghai -1.06% Shenzen -1.25%
Eur$ 1.1928 CNH 6.5074 CNY 6.5096 JPY 108.69 GBP 1.3838 CHF 0.9246 RUB 75.1361 TRY 7.85 WTI$ 90.90 -1.07% GOLD 1,738.4 -0.04% BTC 53,420 -3700
S&P -0.22% Nasdaq -0.31% EuroStoxx -0.45% FTSE -0.72% Dax -0.36% SMI -0.21%
Macro :
Macro :
- Zinc Prices May Indicate Tightening Supplies: Materials Wrap
- Recovery Hopes, Forex Drive Our Scorecard as Nationalities Blur
- Recovery Hopes, Forex Drive Our Scorecard as Nationalities Blur
- Merkel Says EU Shouldn’t Impose a General Vaccine Export Ban
- Yellen Says Stimulus Bill Will Help U.S. ‘Reach the Other Side’
- Biden Starts Big Infrastructure Bet With U.S. Far Behind China
- FTSE 100 May Be Most Discounted Major Stock Market in World
Spacs :
- Velo3D Nears Deal With Serena Williams-Backed SPAC: Reuters
- Richard Branson’s SPAC Prices Upsized 35m Units in IPO
- MNC Vision’s Unit to Trade on Nasdaq Post Merger w/ Malacca SPAC
- Dragoneer Growth Opportunities Corp. III Prices $400m IPO
Keep an eye on :
Keep an eye on :
- AIR FP : U.K.’s Truss Seeks ‘Fair’ Settlement With U.S. on Airbus-Boeing
- AAD GY : Amadeus Fire Dividend Per Share EU1.55
- ATL IM : Atlantia Says Govt Autostrade Conditions Led to Sole CDP Offer
- MT NA : ArcelorMittal Is Sole Bidder for Uttam Galva Steels: B. Standard
- AZN LN : Astra May Have Given Outdated Vaccine Data, U.S. Agency Says
- BILI US : Bilibili Eyes Up to $3.2 Billion in Hong Kong Listing (Correct)
- BNP FP : BNP Paribas Is Looking to Buy up to 100% of Exane
- CRG IM : Carige Sells Soured Debt Leasing Portfolio to AMCO
- CON SW : Comet Stock Sale Orders Below CHF212 Risk Missing Out: Terms
- ACA FP : Credit Agricole Italia: Creval Offer Document Gets Consob OK
- EVD GY : CTS Eventim FY Normalized Ebitda Margin -1.1% Vs 19.9%
- Deliveroo IPO : Deliveroo CEO to Sell More Than 6.7M Shares as Part of IPO: Sky
- EHTH US : Starboard Reports 7% Stake in EHealth, Nominates 4 Directors (2)
- EQNR NO : Equinor’s Plan to Handle Mongstad Refinery Spills Rejected: DN
- GLEN LN : KBC Group Cut to Hold at SocGen; PT 65 euros
- GLEN LN : KBC Group Cut to Hold at SocGen; PT 65 euros
- HBH GY : Hornbach Holding FY Sales EU5.46B Vs. EU4.73B Y/y
- INH GY : Indus Holding Buys 70% Stake in Window Maker Wirus: Handelsblatt
- KPN NA : KPN, APG in JV Pact; APG to Pay EU440M in Cash for 50% Ownership
- MGP LN : Medica Offers 10.7m Shares at 145p/Share
- NEM GY : Nemetschek Sees 2021 Ebitda Margin 27% to 29%
- NDX1 GY : Nordex Sees 2021 Ebitda Margin 4% to 5.5%
- NHY NO : Watch Aluminum Stocks as Metal Plunges on China Speculation
- NOVOB DC : Novo Nordisk: FDA Issued Refusal to File Letter on Diabetes Drug
- NOVN SW : Novartis Prostate Cancer Treatment Trial Meets Primary Endpoints
- REGN US : Regeneron Antibody Cocktail Lowers Hospitalization Rate by 70%
- ROG SW : Roche: Antibody Cocktail Tested in Phase 3 Met Primary Endpoint
- SEBA SS : SEB Signs Deal with Google Cloud in Bid to Close Gap to Fintechs
- SEV FP : Veolia Debates Whether Suez Is Still Worth 18 Euros a Share (1)
- TRI FP : Trigano 2Q Like-for-like Sales +6.3%
- UBSG SW : UBS Faces $3.6 Billion Bill in Appeal as Prosecutors Seek Fines
- VIV FP : Tencent Music 4Q Non-IFRS Diluted Earnings Per ADS Misses Est.
- VOLVB SS : Volvo’s Semiconductor Warning May Delay Truck Recovery: React
- VOW3 GY : VW Doesn’t Have to Face Prevent’s $750 Million Antitrust Suit
- VOW3 GY : VW Doesn’t Have to Face Prevent’s $750 Million Antitrust Suit
- VOW3 GY : Volkswagen Offers ‘Counterbalance’ to Tesla, U.S. Chief Says
- ZEAL DC : Zealand Pharma ADRs Jump After Dasiglucagon Wins FDA Approval