Stocks in Asia rose and the dollar traded at its highest since January, while investors maintained focus on the U.S. Treasury market, where the 10-year note flirted with 3 percent. The greenback preserved overnight gains, with the 10-year Treasury yield remaining just below its highest level since 2014. As the yen retreated, equities in Japan climbed, with the Topix index at its highest in almost two months, while stocks in Hong Kong and Australia also advanced. Chinese shares rallied on signs the government is moving to ease some policies that it had sought to rein in a credit binge in some parts of the economy. FTSE 100 futures climbed with U.S. equity-index contracts. South Korean shares fell as SK Hynix Inc. joined a string of semiconductor makers whose earnings disappointed investors. United Co. Rusal surged more than 30 percent in Hong Kong trading after the U.S. softened its position on sanctions against the aluminum producer.
Nikkei +0.86% Hang Seng +0.96% CSI +1.82% Shanghai +1.72% Shenzen +1.89%
Eur$ 1.2221 CNH 6.3065 CNY 6.3094 JPY 108.77 GBP 1.3949 CHF 0.9772 RUB 61.60 WTI$ 69.30
S&P +0.24% EuroStoxx +0.03% FTSE +0.11% Dax +0.10% SMI +0.05%
Macro :
- European Energy Stocks May Rise as Oil Reaches Three-Year High
- Aluminum Continues Slide, Watch for Europe Basic Resource Moves
- France May Weigh Some Tax Cuts for Companies: Les Echos
- DoubleLine’s Gundlach at Sohn Says Go Long XOP, Short Facebook
Keep an eye on :
- AKZA NA : Akzo Nobel First Quarter Revenue Misses Lowest Estimate
- AKRX US : Short-Seller Who Anticipated Akorn Deal Break Sees More Downside
- AMS SW : Semiconductors Keep Cratering as Another Chip Stock Disappoints
- ATG1V FH : Asiakastieto Will Buy UC for Consideration Valued at EU339.8M
- AXFO SS : Axfood First Quarter Operating Profit Beats Highest Estimate
- SAN SM : Banco Santander First Quarter Net Income 2.0% Above Estimates
- BA/ LN : BAE Systems Growth Outlook Improved, Upgrade to Buy: Berenberg
- COFB BB : Cofinimmo Buys Nursing Home in Germany’s Niebuell for EU8.4m
- DBK GY : Deutsche Bank Works Council Elects Frank Schulze as Head: HB
- DBK GY : Deutsche Bank Is Said to Weigh Retrenchment in U.S. Equities
- ENEL IM : Enel Will Persist With Bid for Eletropaulo, CEO Tells Expansion
- ENG SM : Enagas First Quarter Net Income Misses Lowest Estimate
- ERF FP : Eurofins Scientific First Quarter Revenue EU839 Mln
- FLOW NA : Flow Traders First Quarter Net Trading Income EU213.2 Mln
- FRE GY : FDA: Fresenius to Fix Software Problem on DXT Relay 2.x
- BAER SW : Zurich Court of Appeal Dismissed Claims vs Julius Baer
- KNIN SW : Kuehne + Nagel First Quarter Ebit CHF236 Mln
- LSE LN : LSE Activist Holder TCI Is Said to Back CEO Choice: Sky
- MERY FP : Mercialys First Quarter Rental Rev. EU45.6 Mln
- MBTN SW : Meyer Burger to Appeal Nanjing Court’s Patent Claims Decision
- MOR GY : Morphosys Gross Proceeds NASDAQ IPO ADS Offering $239 Mln
- MUV2 GY : Munich Re 1Q Consolidated Result Expected in Excess EUR800M
- NETB SS : NetEnt First Quarter Operating Profit 4.8% Below Estimates
- NHY NO : Aluminum Continues Slide, Watch for Europe Basic Resource Moves
- UG FP : PSA 1Q Rev. EU18.2b, Est. EU17.96b
- POM FP : Plastic Omnium First Quarter Revenue EU1.64 Bln
- RAND NA : Randstad First Quarter Revenue Meets Estimates
- RR/ LN : Rolls-Royce Is Said to Mull China Venture for New Wide-Body Jet
- SPM IM : Saipem First Quarter Adjusted Net Misses Lowest Estimate
- SAN FP : Sanofi Names John Reed to Take Over as Global R&D Head on July 1
- SRT GY : Sartorius First Quarter Adjusted Ebitda Misses Lowest Estimate
- SAP GY : SAP Boosts Full Year Revenue Forecast
- SHP LN : Takeda Share Offer for Shire Has Japan Rule Issues: Professor
- SIE GY : Euroimmun in Talks to Buy Some Siemens Assets in Goerlitz: Bild
- GLE FP : Top SocGen Options Trader Mark Bamber Is Said to Have Left: NYP
- SSABA SS : Industrivarden Sells SSAB For Total of SEK3.07b
- SUBC NO : Subsea 7’s 16% Premium For McDermott Not Enough, Citi Says
- SWEDA SS : Swedbank Unlikely to Suffer From New Mortgage Risk Rule: CEO
- TEL NO : Telenor First Quarter Ebitda 1.4% Above Estimates
- FP FP : Total Says ‘Frustrating’ Buyers Are Making It Buy Its Own LNG
- UL FP : Unibail-Rodamco First Quarter Revenue EU535.7 Mln
- DG FP : Omers Sells Interest in Airports Worldwide to Vinci Airports
- VOLVB SS : Volvo Boosts Full Year North America H/D Truck Market Forecast
- MF FP : Wendel Repays EU350M in Bond Debt, Cuts Annual Interest Spending
- WRT1V FH : Wartsila First Quarter Ebit Misses Lowest Estimate