Asian stocks began the week in mixed fashion as traders weighed more signs of economies reopening around the world against the rise in U.S.-China tensions.
Hong Kong shares extended Friday’s slide, following police clashes with protesters marching against China’s move to crack down on dissent. Stocks climbed in Tokyo, Sydney and Seoul, and fluctuated in Shanghai. S&P 500 futures nudged higher, building on a rally from late in the Friday session. Oil traded near $33 a barrel in New York. Volumes may be light with holidays in the U.S., U.K. and Singapore. China set its daily yuan reference rate at the weakest level since 2008 after the increasing tensions drove the currency to a seven-month low.
Nikkei +1.56% Hang Seng -0.78% CSI +0.05% Shanghai +0.11% Shenzen -0.09%
Eur$ 1.0893 CNH 7.1512 CNY 7.1380 JPY 107.69 GBP 1.2182 CHF 0.9722 RUB 71.4458 WTI$ 33.57 +0.96%
S&P +0.39% Nasdaq +0.50% EuroStoxx +0.79% Dax +0.92% SMI
Macro :
- Big Short in U.S. Stocks Needs Watching, Says One Market Veteran
- Stock Believers Just Won’t Let Go of a Rally for History Books
- D.C. Metro Has Highest Positive Rate of Virus Cases, Birx Says
- German Wage Support May Cost Over 30 Billion Euros: Tagesspiegel
Keep an eye on :
- ADEN SW : Stock Mentionned +vely on the Barrons - https://bit.ly/3edERwN
- AML LN : Aston Martin chief to leave as part of shake-up, Mercedes executive set to take over, further solidifying the relationship between the two carmakers - FT - https://on.ft.com/3cURZGS
- ATL IM : Atlantia to Evaluate Legal Actions to Safeguard Company
- ATL IM : Autostrade’s Fate Remains Up for Debate, Cancelleri Tells Stampa
- BAYN GY : Bayer Said to Reach Deals on Big Share of 125,000 Roundup Suits
- ATL IM : Conte Unlikely to Accept Atlantia Offer on Autostrade: Stampa
- DBK GY : Deutsche Bank Asks Top Managers to Forego a Month’s Pay
- EUCAR FP : HErtz Filed for bankruptcy ($19b in debt & 700k vehicules), Icahn ows 38.95% of the co. - https://on.wsj.com/2XlyKjm
- FCA IM : Italy’s Gualtieri Confident About State-Backed Loan for Fiat
- FUR NA : Fugro Gets $17.3m as First Share Proceeds From HMN Divestment
- GILD US : Gilead’s Remdesivir Helped Only Those on Oxygen, Study Says - Disappointing
- KGX GY : Kion Gets Additional Credit Facility of Up to EU1b
- KNIN SW : Kuehne+Nagel May Cut Jobs on Virus: Main Shareholder Tells Welt
- LAND LN : Hong Kong’s Lifestyle International Buys Land Securities Shares
- LSE LN : Italian State Could Take Borsa Stake, Conte Tells Milano Finanza
- LHA GY : Lufthansa Would Have to Repay State Aid by End-2023, Bild Says
- LHA GY : Lufthansa Rescue Deal Delayed by EU Concerns About Terms: HB
- LHA GY : Reuters U.S. News: Lufthansa to resume flights to 20 destinations from mid-June https://t.co/5yPai34dtF https://t.co/UttqbKB9uw
- MVV1 GY : German Coal-Power Firms Seek Compensation, Boersen-Zeitung Says
- UG FP : Macron to Unveil Steps for French Auto Sector Tuesday, AFP Says
- RNO FP : Nissan, Renault Need Alliance More Than Ever to Survive Pandemic
- RR/ LN : Rolls-Royce Raises Pressure on Suppliers to Cut Prices: FT
- SAN FP : Sanofi: Dupixent Esophagitis Trial Meets Co-Primary Endpoints
- TUI LN : TUI CEO Won’t Rule Out Another Request For State Aid: RP
- UCG IM : UniCredit to Take Part in Intesa-UBI Antitrust Review, Sole Says
- ZEAL DC : FDA Accepts Zealand’s NDA for Dasiglucagon Hypopal Rescue Pen