Stocks in Asia struggled back from early lows after a tough session for global equities, while oil turned lower as investors assess the risks of rising inflation and the impact of the war in Ukraine. Treasuries held losses. An MSCI Inc. gauge of Asia-Pacific equities fell for the first day in three as equities in Japan declined. The Hang Seng erased losses, though Tencent Holdings Ltd. weighed on tech stocks after reportingits slowest pace of quarterly growth on record. U.S. futures edged higher after the S&P 500 erased the prior session’s gains, and European contracts fluctuated. Treasuries look shaky again, and resumed their slide to unprecedented losses. Investors returned to the market in U.S. trade, snapping up a sale of 20-year bonds and driving the benchmark 10-year yield back to 2.3%. The dollar edged higher. Oil reversed its earlier advance to trade around $113 a barrel amid reports that the U.S. and European Union are close to a deal aimed at slashing Europe’s dependence on Russian energy, while President Joe Biden’s prepares to announce new sanctions on Russia. The extreme volatility in commodity markets caused by the conflict and global response is sapping liquidity, according to some of the world’s biggest trading houses. the Biden administration plans to reinstate exemptions from Trump-era tariffs on about two-thirds of Chinese products that were previously granted waivers, most of which expired by the end of 2020. European gas prices swung sharply and the ruble staged its biggest one-day gain in years after Russian President Vladimir Putin pushed on with plans to demand that dozens of countries use the local currency for natural gas purchases. US After Hours OXM +8.3%, FUL +4.2% higher on earnings; COOK -15.5%, KBH -4.4%, SCS -4.1%, OLLI -2.3% lower on earnings
Nikkei +0.25% Hang Seng -0.25% CSI -0.46% Shanghai -0.50% Shenzen -0.69%
Eur$ 1.0983 CNH 6.3852 CNY 6.3719 JPY 121.49 GBP 1.3197 CHF 0.9323 RUB 98.1875 TRY 14.8239 WTI$ 114.51 - 0.37% Gold 1,940 -0.20% BTC 43,200 +2% ETH 3,055 +2.45%
S&P +0.33% Nasdaq +0.46% EuroStoxx +0.11% FTSE +0.08% Dax +0.11% SMI -0.10%
Macro :
- Stock Traders Brace for a Chaotic Reopening to Russia’s Market
- Fidelity Launches Business Mimicking Hedge-Fund Strategies
- Putin Demands Ruble Payment for Gas, Escalating Energy Fight
- Putin Demands Ruble Payment for Gas, Escalating Energy Fight
- Autos Demand Estimate for 2022 Cut at RBC on Supply Challenges
- U.K. Faces $5 Billion Bill If Government Has to Bail Out Gazprom
Keep an eye on :
Keep an eye on :
- AKH NO : Mitsui Buys 27.5% Stake in Mainstream Renewable Power for EU575m
- ANTIN FP : Antin FY Net Income EU74.4M
- ARGX BB : Argenx Offering of 1.55m ADR, Offering of 782,290 Shares by Co.
- BYW6 GY : BayWa Sees No Material Impact to Business From Ukraine War
- CAI AV : CA Immo FY Ebit Beats Estimates
- CPR IM : Campari to Reduce Business in Russia to Minimum Necessary
- CARM FP : Carmila Holder LVS II Lux VII Offers Around 6.8m Shares: Terms
- CO FP : Casino Said to Mull Sale of Stake in Renewables Firm GreenYellow
- CLN SW : Clariant Joins Renewable Carbon Initiative
- COTN SW : Comet Says It Wins Lawsuit Against XP Power LLC
- CSGN SW : Credit Suisse May See Bermuda Court Judgment Over $500M
- DTG GY : Daimler Truck 2022 Revenue Forecast Beats Estimates, Sees Rising Returns as Supply Bottlenecks Persist
- EVD GY : CTS Eventim FY Net Income Beats Estimates
- DAN IM : Danieli Awarded Orders Valued More than $650M by Nucor
- ENGI FP : GTT Share Sale by Engie Order Book Is Covered: Terms
- FCT IM : Fincantieri FY Revenue Beats Estimates
- GTT FP : GTT Holder Engie Offers About 3m Shares: Terms
- GLEN LN : Qatar’s Sovereign Wealth Fund to Sell $1 Billion Glencore Stake
- HHFA GY : Hamburger Hafen Sees 2022 Port Logistics Ebit EU160M to EU195M
- HEI GY : HeidelbergCement Proposes Dividend of EU2.40 Per Share for 2021
- HELN SW : Helvetia FY Dividend per Share CHF5.50 Vs. CHF5 Y/y
- IBAB BB ; Ion Beam FY Revenue EU313.0M Vs. EU312.0M Y/y
- ICOS IM : Intercos FY Revenue EU673.7M Vs. EU606.5M Y/y
- IPH FP : Innate Pharma FY Net Loss EU52.8M
- KRN GY : Krones Promotes Uta Anders to CFO From January 23, Plans to Pay Out a Dvd of EU1.40 Per Share for 2021
- LONN SW : Lonza Proposes Marion Helmes and Roger Nitsch to Board
- MBTN SW : Meyer Burger FY Ebitda Loss CHF72.5M Vs. Loss CHF44.6M Y/y
- NOVN SW : Novartis’s Pluvicto for Treatment of Cancer Approved by FDA
- PGGM NA : PGGM, DIF Capital Partners Agree to Buy Enexis-Subsidiary Fudura
- PINF IM : Italian Designer Pininfarina Looks at M&A After Return to Profit
- PAH3 GY : Porsche Family Leaders to Extend Board Mandates: Manager Magazin
- RAA GY : Rational Sees 2022 Sales +10% to +15%
- RNO FP : Renault Is Said to Mull Curbing Russia Operations Over Ukraine
- ROTH FP : Rothschild’s Wealth Unit Will Not Accept New Russian Clients
- SAN FP : Sanofi Says It Will Stop All Non-Essential Activities in Russia
- G24 GY : Scout24 Proposes Dividend of EU0.84 Per Share
- SGL GY : SGL FY Sales Revenue EU1.01B Vs. EU919.4M Y/y
- SOF BB : Sofina FY Dividend per Share Matches Estimates
- TIT IM : KKR Said to Confirm Interest for Telecom Italia in Letter
- TRI FP : Trigano 2Q Like-for-Like Sales +8.4%
- UBSG SW : Swiss FINMA Sees Gaps in Banks’ Recovery, Resolution Planning
- VACN SW : VAT Group to Be Included in Swiss Leader Index on March 31: SIX
- VLA FP : Valneva FY Operating Loss EU61.4M Vs. Loss EU55.1M Y/y
- VIV FP : KKR Is Said to Confirm Interest for Telecom Italia in Letter
- ROSE SW : Zur Rose FY Adjusted Ebitda Loss CHF128.9M Vs. Loss CHF31.2M Y/y
- FHZN SW : Zurich Airport Says Josef Felder to Succeed Schmid as Chairman