Asian stocks wavered Wednesday as a rebound in Chinese technology stocks stalled and traders weighed the resilience of the economic recovery to the fast-spreading delta virus strain. The dollar edged higher.
A Hong Kong gauge of Chinese tech names turned lower amid lingering concerns about Beijing’s crackdown on private industries, while MSCI Inc.’s wider Asia-Pacific index was little changed. U.S. and European futures fluctuated in the wake of all-time highs for the S&P 500 and the Nasdaq 100.
The U.S. 10-year Treasury yield held a climb. The House adopted a $3.5 trillion budget resolution overnight, moving forward President Joe Biden’s plans for substantial spending. China’s 10-year bond yield slipped amid a short-term cash injection by the central bank.
In commodities, oil retreated after the biggest two-day gain since November with Covid-19 still shadowing assessments of the demand outlook.
US After Hours SCSC +4.6%, INTU +2% higher on earnings; JWN -7.9%, URBN -3.4% lower on earnings; several index changes announced, TECH +0.1% to join S&P 500; HUGE -13.4% falls on plan to terminate Phase 2 trial
Nikkei +0.00% Hang Seng -0.01% CSI -0.02% Shanghai +0.44% Shenzen +0.04%
Eur$ 1.1744 CNH 6.4754 CNY 6.4768 JPY 109.70 GBP 1.3723 CHF 0.9141 RUB 73.8074 TRY 8.4190 WTI$ 67.37 -0.25% Gold 1,796.15 -0.40% BTC 48,555 +207 ETH 3,215 -2
S&P -0.02% Nasdaq +0.04% EuroStoxx -0.02% FTSE +0.03% Dax -0.06% SMI -0.18%
Macro :
- TPG Is Said to Work With JPMorgan, Goldman Sachs on IPO Plan
- German Savings Banks to Beef Up Guarantee Funds by EU4.6B: SZ
- SEC to Demand All Chinese Firms Reveal More About Investor Risks
Keep an eye on :
- ALLN SW : Allreal 1H Net Income CHF79.1M Vs. CHF63M Y/y
- ALV GY : Henri Losses May Reach $4 Billion as Heavy Rains Trigger Floods
- AMGO LN : Amigo Holdings FY Loss After Tax GBP289.1M
- ARGX BB : EU Drug Regulator Validates Argenx’ MAA for Efgartigimod
- AT1 GY : Aroundtown 1H Adjusted Ebitda EU451.9M Vs. EU500M Y/y
- ASRNL NA : ASR Nederland 1H Operating Profit Beats Estimates
- AML LN : Regulators reject suspicions of insider trading in Aston Martin and Daimler shares
- AUG LN : Augean Agrees to Bid by Ancala, Fiera, Topping Morgan Stanley
- B2H NO : B2Holding 2Q Net Income Beats Estimates
- BEWI NO : Bewi Issues EU160m 5Y Sr Unsecured Sustainability-Linked Bond
- ALCAR FP : Carmat: Second U.S. Center Implanting Total Artificial Heart
- CCL LN : Carnival Cruise Line Passenger Dies Due to Covid-19
- CTM SS : Catena Media 2Q Adjusted Ebitda EU14.9M Vs. EU14.8M Y/y
- DAI GY : Mercedes-Benz CTO Sajjad Khan to Set Up Venture-Capital Fund
- DAI GY : Regulators reject suspicions of insider trading in Aston Martin and Daimler shares
- EKTAB SS : Elekta 1Q Operating Profit SEK201M vs SEK335M Y/y
- IBAB BB : Ion Beam 1H Adjusted Ebit EU0.67M Vs. Loss EU9.94M Y/y
- LUS GY : Lang & Schwarz Sinks; Meeting Postponed After Interim Tax Report (-41%)
- MSONA SS : Midsona Offers Up to SEK500m Shares via Danske Bank, 7.5m Shares Prices at SEK66.7/Share
- MOWI NO : Mowi Boosts FY Harvest Forecast
- MRW LN : CD&R Has No Plan to Make Changes to Morrison Pension Benefits
- RI FP : Pernod Sees $163M Drawback Claims Positive Impact On FY Profit
- SCST SS : Scandi Standard 2Q Net Sales Beat Estimates
- SDR LN : Schroders Boosts Diversification as Returns Seen Challenged
- SSG NO : Self Storage Offering of 10.4m Shares Prices at NOK29/Share
- SENS SW : Sensirion Sees FY Revenue CHF260M to CHF280M
- SHL GY : Siemens Healthineers ELF Test Gets FDA Marketing Authorization
- SOLB BB : Solvay, Shinkong Synthetic Fibers Create Taiwan Joint Venture
- SRAIL SW : Stadler Rail 1H Net Revenue CHF1.42B Vs. CHF934.7M Y/y
- TRE SM : Tecnicas Picked to Participate in Expansion of Qatar LNG Output
- VEFAB SS : Vef Offering of 207.3m Shares Prices at SEK4.27/Share
- DG FP : Vinci Airports July Passenger Traffic Down 63.3% V. July ‘19