Stock futures in Europe and the U.S. rose along with equities in Asia on signs of a thaw in U.S.-China tensions, with investors also looking ahead to a policy speech by Federal Reserve Chair Jerome Powell later in the week.
Hong Kong shares outperformed, aided by a rally in WeChat owner Tencent Holdings Ltd. and signs of progress on the virus front. People familiar with the matter said President Donald Trump’s team is privately seeking to reassureU.S. companies that they can still do business with the WeChat messaging app in China.
Equities in South Korea, Japan and China were also higher with Euro Stoxx 50 futures. S&P 500 contracts rose modestly after U.S. shares ended Friday with a fourth week of gains. Gold began the week on the back foot. The 10-year yield on New Zealand bonds fell to a record low after the central bank fell short of its quantitative easing buying target. Treasuries and the dollar were steady.
Nikkei +0.29% Hang Seng +1.43% CSI +0.88% Shanghai +0.21% Shenzen +1.36%
Eur$ 1.1803 CNH 6.9147 CNY 6.9182 JPY 105.83 GBP 1.3105 CHF 0.9114 RUB 74.6889 WTI$ 42.41 +0.17%
S&P +0.41% Nasdaq +0.48% EuroStoxx +0.80% FTSE +0.63% Dax +0.85% SMI +0.51%
Macro :
- Stressed About U.S. Stocks, Investors Are Betting Big on Europe
- CVC, Advent Preparing Joint Bid for Italy Serie A Rights Stake
- Social Influencers Feed the Robinhood Hunger for Investing 101
- Hedge Against Flare-Up in China Tensions With U.S., SocGen Says
Keep an eye on :
- AFP SW : Aluflexpack First Half Sales EU115.5 Mln, +14% Y/y
- CS FP : AXA, Bharti to Combine India Non-Life Ops Into ICICI Lombard
- BSGR NA : B&S Group First Half Ebitda EU35.3 Mln, -33% Y/y
- BO DC : B&O’s New Chairman Ditches Plan to Find a Buyer, Borsen Reports
- BT/A LN : BT Group Board on Alert for Takeover Approaches, Sky Reports
- AFX GY : Carl Zeiss Sues Rival for Patent Royalties on X-Ray Microscopes
- MOWI NO : Mowi Gets Record Fine After Salmon Escape in Chile, NTB Reports
- NPRO NO : Norwegian Property Offering Prices 97.5m Shrs at NOK11.30/Shr
- RATOB SS : Ratos Has Reversed the Trend, CEO Wistrom Tells Dagens Industri
- STB NO : A $91 Billion Asset Manager Dumps Exxon, Chevron on Climate