Asian stocks were steady Thursday after U.S. shares moved in narrow ranges as traders digested commentary from Federal Reserve officials on the outlook for stimulus. Treasuries retreated.
Stocks were little changed in Japan and edged lower in China, where the central bank boosted its short-term cash injection for the first time since March. U.S. futures advanced, following a modest drop in the S&P 500 despite gains among firms that benefit from economic reopening. A rally in Tesla Inc.helped the Nasdaq Composite eke out another record.
Dallas Fed President Robert Kaplan, who’s penciled in a rate hike next year, said the economy will likely meet the Fed’s threshold for tapering asset purchases sooner than people think. His Atlanta counterpart Raphael Bostic said the central bank could decide to slow such purchases in the next few months.
The yen held a slump in part as the rebound from the pandemic dents the allure of haven currencies. South Korea’s won rose after central bank Governor Lee Ju-yeol gave his clearest signal yet that interest-rate increases are in the pipeline. The nation’s stock index is at an all-time high.
US After Hours Pretty quiet after hours; Solar stocks in focus as US may block some products, according to Bloomberg; SCS +5.8% higher on earnings while KBH -3.8% falls on earnings
Nikkei -0.08% Hang Seng +0.13% CSI -0.04% Shanghai -0.07% Shenzen -0.52%
Eur$ 1.1923 CNH 6.4833 CNY 6.4811 JPY 110.88 GBP 1.3956 CHF 0.9194 RUB 72.6345 TRY 8.6642 WTI$ 73.19 +0.15% GOLD 1,774.16 -0.24% BTC 32,800 -915 ETH 1,925 -62
S&P +0.18% Nasdaq +0.24% EuroStoxx +0.20% FTSE +0.06% Dax +0.06% SMI +0.18%
Macro :
Macro :
- Italy Mulls 2040 Ban on Gas, Diesel Cars: Minister in Repubblica
- Investors Are Flocking Back to Gold ETFs as Prices Languish
- U.S. to Block Some Solar Goods Made in Xinjiang Region
- London West End Landlord Expects Retail Crisis to Get Even Worse
- Fed’s Kaplan Says U.S. Oil Production May Lag Demand
- Fed’s Kaplan Says U.S. Oil Production May Lag Demand
- From ABN to UniCredit, ECB Lifting of Payout Cap Is Now Catalyst
Spacs :
- Perella Weinberg-Linked SPAC FinTech Jumps After Merger Approval
- Ackman Has Engaged With Another Target for Blank-Check Company
- Carlyle-Backed Syniverse Said in M3-Brigade SPAC Merger Talks
Keep an eye on :
Keep an eye on :
- 888 LN : Sports Illustrated Brand Comes to Online Betting in License Deal
- AGFB BB : Agfa to Increase Offset Printing Plate Prices by Up to 10%
- AAPL US : France Sues Apple on Developer Contracts Tied to App Store: Rtrs
- BATS LN : FDA Chief Ties E-Cigarette Maker to Youth Vaping Epidemic
- BYG LN : Big Yellow Group Seeks GBP100m From Share Sale to Fund M&A
- IAG LN : Watch Travel Stocks With Latest U.K. Decision on Curbs Ahead
- BTG GY : Bertelsmann Said to Explore Options for Call Center Unit Majorel
- EDF FP : U.K. Regulations on Nuclear Financing Could Come in Autumn: EDF
- EURCAR FP : Europcar Rejects EU0.44/Share Approach
- FLTR LN : Florida May Vote on Mobile Sports Betting in 2022: Sports Handle
- FSKRS FH : Fiskars Boosts FY Adjusted Ebita Forecast
- HCM LN : Hutchmed (China) Prices Global Offering at HK$40.10/Share
- ICAD FP : Icade Sante Buys 4 More French Healthcare Sites for About EU47m
- ICEAIR LN : Bain Capital to Subscribe to a 16.6% Stake in Icelandair Group
- KAHOT NO : Kahoot Says Haudemann-Andersen Trims Stake to 8.5%
- KER FP : Kering Invests in British Bag Rental Business Cocoon: Statement
- OR FP : L’Oreal Forms New Europe Zone Led by Vianney Derville
- RAT LN : Rathbone Buys Saunderson House for GBP150m; Plans GBP50m Placing
- RYA LN : Watch Travel Stocks With Latest U.K. Decision on Curbs Ahead
- STLA IM : Italy Mulls 2040 Ban on Gas, Diesel Cars: Minister in Repubblica
- STLA IM : Gefco Is Up for Sale In Deal Possibly Worth Over EU2b: Rtrs
- SKB GY : Koenig & Bauer Sees Extraordinary Income of Around EU20m
- LHA GY : Lufthansa Consulting Signs Deal to Help Revive Sudan Airways
- SHL GY : Siemens Healthineers to Buyback Shares up to EU170m
- STM FP : STMicro Partners With Tower To Speed-Up Italy Plant Production
- STM FP : Patent Case Against STMicro Over Sensors to Be Probed at ITC
- TECN SW : Tecan to Buy Paramit
- TSLA US : Electrek.Co: Fleet of 50 Tesla taxis gets shut down in NYC for some sketchy reasons https://t.co/gxbi5JRn1U by @fredericlambert
- VIV FP : Ackman Has Engaged With Another Target for Blank-Check Company
- VIFN SW : Vifor Pharma Revises Diamond Trial, Expects Readout in 2H
- VIFN SW : Vifor Pharma Revises Diamond Trial, Expects Readout in 2H