Asian stocks and European equity futures declined Wednesday after setbacks to the recovery from the pandemic weighed on U.S. shares and crude oil, and drove haven trades into Treasuries and the dollar.
A gauge of Asia-Pacific shares fell the most in about two weeks, with value and cyclical sectors struggling. Hong Kong equities underperformed, nearing a correction, amid the city’s decision to temporarily suspend BioNTech SE vaccines. The S&P 500 fell Tuesday and reopening favorites like the small-cap Russell 2000 slumped. S&P 500 futures edged lower and Nasdaq 100 contracts rose.
U.S. bond yields headed for a third day of declines after Federal Reserve Chairman Jerome Powell played down inflation risks. A solid two-year Treasury auction helped allay concerns that poor appetite for this week’s sales could stoke yields. The rate on New Zealand’s 10-year note slumped as traders pulled back positions for early rate hikes.
Oil held below $60 a barrel after tumbling Tuesday. Renewed lockdowns in Europe further clouded the prospects for a speedy recovery in consumption.
US After Hours INTC sharply higher +7.1% on new factory news and guidance; semi equipment names up in sympathy KLAC +5%, AMAT +4.3%, LRCX +3.4%; GME -10.3% falls on earnings
Nikkei -1.87% Hang Seng -1.90% CSI -1.39% Shqnghqi -1.22% Shenzen -1.32%
Eur$ 1.1844 CNH 6.5239 CNY 6.5227 JPY 108.52 GBP 1.3710 CHF 0.9345 RUB 76.6865 TRY 7.9235 WTI$ 57.72 -0.07% GOLD 1,733.52 +0.37% BTC 53,825 -1915
S&P -02.01% Nasdaq +0.35% EuroStoxx -0.58% FTSE -0.62% Dax -0.66% SMI -0.42%
Macro :
- Goldman’s Oppenheimer Says Low Real Yields Will Support Stocks
Macro :
- Goldman’s Oppenheimer Says Low Real Yields Will Support Stocks
- German Car Industry Ready to Fulfill Tougher EU Climate Goals
- Suez Canal Snarled With Giant Ship Stuck in Top Trade Artery (2)
Spacs :
- Car Racing’s Andrettis Seek Automotive Merger With New SPAC
Keep an eye on :
Keep an eye on :
- ASML NA : ASML May Sell More Tools on Intel’s New Investment Plan: React
- AZN LN ; Astra’s Pain Grows as U.S. Questions Already Beleaguered Vaccine
- AR4 GY : Aurelius FY Div. Per Share EU1, Sees Div. Growth in 2021, 2022
- BSLN SW : Basilea Sees 79% Disease Control Rate in Phase 2 FIDES-01 Trial
- BKIA SM : Spain Antitrust Regulator Authorizes CaixaBank-Bankia Merger
- BKIA SM : Spain Antitrust Regulator Authorizes CaixaBank-Bankia Merger
- BIDU US : Baidu May Join Hang Seng Index in December Review: Smartkarma
- BMW GY : Germany Offers $6.5 Billion in Funding for Electric-Car Charging
- BWO NO : BW Offshore Gets Contract for Barossa FPSO From Santos
- CA FP : Carrefour Agrees to Buy Grupo Big Brasil
- DAI GY : Germany Offers $6.5 Billion in Funding for Electric-Car Charging
- DBK GY : Deutsche Bank Said to Plan Asia Equity Capital Markets Rebuild
- DEQ GY : Deutsche Euroshop FY Ebit EU161.2M
- DigitalOcean IPO : Blavatnik-Backed DigitalOcean Raises About $775 Million in IPO
- DUFN SW : Dufry Completes Offering of CHF500M New Convertible Bonds
- EDF FP : EDF Enters Exclusive Talks to Sell Dalkia Wastenergy to Paprec
- ECV GY : Encavis 2021 Operating EPS Forecast Beats Estimates
- EOAN GY : EON Sees Profits Increasing After Limited Impact of Coronavirus
- EVE SW : Evolva Names Carsten Daeweritz as CFO
- FDR SM : Fluidra to Join Spain’s Ibex 35 After CaixaBank-Bankia Merger
- GVNV NA : Grandvision Welcomes EU Nod; Renews Support for EssilorLuxottica
- ICL IT : ICL to Buy South American Plant Nutrition Business From Compass
- SKB GY : Koenig & Bauer FY Revenue EU1.03B
- NOEJ GY : Norma Sees 2021 Adj. Ebita Margin Above 13%
- PRX NA : Tencent Seeks Growth After China Threat Erases $170 Billion
- RAA GY : Rational FY Ebit Margin 16.4% Vs. 26.5% Y/y
- RTL LX : RTL Group Puts Belgian Subsidiary up for Sale: L’Echo
- RobinHood IPO : Trading App Robinhood Says It Files Confidentially for IPO (2)
- STLN SW : Frank Koch To Become CEO of Swiss Steel Group From July 1
- FP FP : Mozambique Says Total to Resume LNG Project Soon
- FP FP : Mozambique Says Total to Resume LNG Project Soon
- VOW NO : Vow Offering by Co. and Holders Prices at NOK46/Share
- VOW GY : Volkswagen’s Emergence as the Foil to Tesla in Five Stock Charts
- VOW GY : Germany Offers $6.5 Billion in Funding for Electric-Car Charging
- WPP LN : WPP to Invest Over $200 Million in New Data Operation Under GroupM