Asian stocks fell Thursday on caution about the regulatory outlook in China and a looming Federal Reserve gathering that may provide more clues about its approach to paring stimulus. The dollar rose.
MSCI Inc.’s Asia-Pacific gauge snapped a three-day rally, with Chinese stocks resuming a retreat amid Beijing’s crackdown on private industries. South Korean shares dipped after a central bank rate hike that makes the nation the first major Asian economy to start exiting record-low borrowing costs.
U.S. equity futures declined after the S&P 500 and Nasdaq 100 edged up to records overnight. The 10-year U.S. Treasury yield held an advance. Traders are looking ahead to the Jackson Hole symposium, which may offer fresh insight on how the Fed intends to scale back bond purchases.
US After Hours : ZUO +14%, WSM +13% rise while SLQT -17%, LCI -11% decline on earnings/guidance
Nikkei -0.04% Hang Seng -1.44% CSI -1.38% Shanghai -0.50% Shenzen -0.86%
Eur$ 1.1765 CNH 6.4808 CNY 6.4823 JPY 109.93 GBP 1.3755 CHF 0.9145 RUB 73.9873 TRY 8.3834 WTI$67.86 -0.73% Gold 1,787.80 -0.18% BTC 47,650 -1020 ETH 3,140 -68
S&P -0.10% Nasdaq -0.16% EuroStoxx -0.26% FTSE -0.29% Dax -0.31% SMI -0.16%
Macro :
- Tensions Flare Over $7 Trillion Currency Market’s Trade Dropouts
- China’s Regulatory Crackdown Is Already Hurting the Economy (1)
Keep an eye on :
- ADS GY : Foot Locker and Adidas join list of companies citing COVID-related supply chain challenges in Vietnam heading into the holiday s
- BALN SW : Baloise 1H Profit CHF302.3M Vs. CHF177.7M Y/y
- EN FP : Bouygues 1H Current Oper Income EU471M Vs. Loss EU132.0M Y/y
- CAI AV : CA Immo 1H Net Income EU171.3M Vs. EU44.7M Y/y
- RE FP : Ahlstrom Capital Sells 100% of Destia Shares to Colas SA
- DHER GY : Delivery Hero Loss Widens After Expanding Food Delivery Business
- DBK GY U.S. Probing Deutsche Bank’s DWS Over Sustainability Claims: DJ
- RF FP : Eurazeo in Talks to Sell Seqens Stake to SK Capital, Holders
- FGR FP : Eiffage CEO Says Company Is Interested in Engie’s Equans
- FGR FP : Eiffage 1H Results Beat, While Outlook Positive, Analysts Say
- FIE GY : Fielmann Sees FY Pretax Profit Above EU200M, Saw About EU200M
- GOGL NO : Golden Ocean 2Q Net Income Beats Estimates
- INS GY : Instone Real Estate 2Q Adjusted Revenue EU132.4M Vs. EU79.9M Y/y
- KUD SW : Kudelski 1H Revenue $340.5M Vs. $320.1M Y/y
- LONN SW : Lonza Group Names Philippe Deecke as CFO
- LUNDB SS : Swedish Stock Market Is ‘Well Supported,’ Lundbergs CEO Tells DI
- SALM NO : Salmar 2Q Operating Ebit Misses Estimates
- SWON SW : SoftwareONE 1H Adjusted Ebitda Misses Estimates
- SPSN SW : Swiss Prime 1H Rental Income CHF213.4M Vs. CHF219.9M Y/y
- TC1 GY : Tele Columbus 2Q Ebitda EU53.6M Vs. EU57.1M Y/y
- UBSG SW : UBS Hires Team of Middle East Private Bankers from Credit Suisse
- VLK NA : Van Lanschot Kempen 1H Net Income EU58.3M Vs. EU9.5M Y/y
- VOLAB SS : Veg of Lund Offering Prices at SEK34/Share via Mangold
- VITB SS : Vitec Software Group Offering Prices at SEK460/Share
- VIV FP : Universal Music Sets Out Financial Goals Ahead of Dutch Listing
- VOW3 GY : U.K. Carmakers Besieged by Shortages in Worst July Since 1956
- YIT FH : YIT Says Helsinki City Council Approves EU326m Tramway Project