Stocks, Treasuries and other assets steadied as investors sought to move on from weak US economic data that had rattled financial markets Tuesday. US stock-index futures pointed to gains, Treasury 10-year yields rebounded in Asian trading while gold, Bitcoin and oil all traded within a tight range after declines overnight. Hong Kong equities surged, extending a rally that started last month driven by optimism that China’s technological breakthroughs may help revive the sluggish economy. Investors sought safer corners of the market Tuesday after a weak US consumer confidence reading raised worries about the outlook for the broader economy from President Donald Trump’s policies and their impact on global growth. Chances for early action on Trump’s tax cut plans improved as House Republicans passed a budget blueprint Tuesday. The steadiness Wednesday will get a test later when Nvidia Corp. reports earnings. “Nvidia’s numbers could well be a make-or-break event for the market, at least in the short term,” said Tim Waterer, chief market analyst at KCM Trade in Sydney. “What could really drive sentiment one way or the other could boil down to whether the outlook from the company remains as rosy as before.” Hong Kong shares were the standout asset in Asian trading, after DeepSeek reopened access to its core programming interface after nearly a three-week suspension, resuming a service key to wider adoption of an AI model that’s proven remarkably popular since its emergence last month. Get the Markets Daily newsletter to learn what’s moving stocks, bonds, currencies and commodities. President Trump’s move to further decouple economic ties between the two nations had rattled global investors who had bet on a sustained rebound in Chinese stocks. The shares have risen this year on optimism around DeepSeek artificial intelligence and President Xi Jinping’s meeting with corporate leaders, a move seen as a possible end to the year-long crackdown on the private sector. The yield on 10-year Treasuries rose after an 11-basis point decline overnight, sitting around its lowest levels since mid-December. Yields on Australian and Japanese bonds declined. Money markets are now pricing in more than two quarter-point reductions by the Fed in 2025. Copper climbed after Trump signed an executive action directing the Commerce Department to examine possible tariffs on the metal. Investors are awaiting this week’s reading on prices. The Fed’s preferred inflation metric — the core personal consumption expenditures price index — is expected to cool to the slowest pace since June. In other markets, oil in New York steadied after sinking back into the $60s-a-barrel range as a souring economic outlook threatened prospects for energy demand. Gold edged up along with Bitcoin, which fell 6% overnight. US After Hours PRCH +24.8%, INVX +19.1%, ZI +17.4%, OLO +15.5%, AXON +13%, WDAY +10.2% higher on earnings; FLYW -18.4%, GO -17.1%, AGL -15%, LMND -13.3%, CART -9.3% lower on earnings.
Nikkei -0.25% Hang Seng +3.29% CSI +0.60% Shanghai +0.77% Shenzen +0.84%
Eur$ 1.0496 CNH 7.2588 CNY 7.2575 JPY 149.55 GBP 1.2640 CHF 0.8942 RUB 86.2924 TRY 36.4619 WTI$ 69.15 Gold 2,919 BTC 88,650 ETH 2,484
S&P +0.39% Nasdaq +0.59% EuroStoxx +0.84% FTSE +0.76% Dax +0.98% SMI -0.02%
Macro :
- DeepSeek Reopens AI Model Access as China Rivalry Heats Up
- Trump Opens Door to New Metal Levy With Copper Tariff Probe (1)
Keep an eye on :
Keep an eye on :
- ABI BB : AB InBev Beats Estimates on Higher Margins in Biggest Brands
- ADEN SW : Adecco FY Dividend per Share CHF1.00
- AENA SM : Aena Sees 2025 Passenger Traffic +3.4%
- AENA SM : Aena Sees 2025 Passenger Traffic +3.4%
- ALC SW : Alcon AG 2025 Net Sales Forecast Misses Estimates
- AAL LN : De Beers, Botswana Sign Marketing Deal to Revive Diamond Demand
- AAPL US : Apple Joins Tech Firms Pledging Over $1 Trillion in US Spending
- ASMI NA : ASM Intl 4Q Orders Misses Estimates, ASM Sales Forecast Beats Estimates as AI Boom Drives Demand
- ASMI NA : ASM Intl 4Q Orders Misses Estimates, ASM Sales Forecast Beats Estimates as AI Boom Drives Demand
- AML LN : Aston Martin FY Revenue Misses Estimates
- ATS AV : Austrian Circuitboard Maker AT&S Names Michael Mertin as New CEO
- AG1 GY : AUTO1 2025 Gross Profit Forecast Beats Estimates
- AZE BB : Azelis Holder Akita I Offers Up to 15M Shares: Terms
- BPE IM : Sondrio Names BofA, Morgan Stanley Advisers Regarding BPER Offer
- BGBIO NO : BerGenBio Discontinues Study, to Explore Strategic Alternatives
- BOOZT SS : Boozt to Establish Headquarters in Copenhagen
- CAVA US : Cava Group Shares Slide as Annual Sales Forecast Disappoints
- CLNX SM : Cellnex Cuts 2025 Recurring FCF Forecast, Beats Estimates
- CAKE US : Cheesecake Factory Prices Upsized $500m Conv Sr Notes Due 2030
- 1COV GY : Covestro Sees 2025 Ebitda EU1B to EU1.6B, Est. EU1.34B
- BN FP : Danone FY Recurring Operating Income Beats Estimates
- DEME BB : DEME Group FY Ebitda Beats Estimates
- DTE GY : Deutsche Telekom Sees 2025 Adj. EBITDA AL About EU44.9B
- FGR FP : APRR, Financière Eiffarie Renew Banking Facilities for €2.4B
- EMMN SW : Emmi Sees 2025 Ebit CHF330M to CHF350M, Est. CHF345.3M
- EOAN GY : E.On 2025 Adjusted Ebitda Forecast Beats Estimates
- EOAN GY : EON to Boost Investments by 15% This Year as Europe Electrifies
- EVT GY : Evotec Appoints Paul Hitchin CFO Effective March 1
- FRE GY : Fresenius SE Sees 2025 Organic Revenue +4% to +6%
- GF SW : Georg Fischer FY Sales Miss Estimates
- GXI GY : Gerresheimer Sees FY Adj. Ebitda Margin Around 22%
- GLYC US : GlycoMimetics Says Apollomics Hong Kong Terminates License Pact
- GRF SM : Grifols Names Independent Director Berner as Its Chairwoman
- HSX LN : Coca-Cola Europacific Partners Set for FTSE 100 as Hiscox Exits
- HIK LN : Hikma 2025 Core Operating Profit Forecast Beats Estimates
- IDIA SW : Idorsia Says Bondholders Approve Extension of 2025 Conv Bonds, Idorsia Bond Restructuring to Provide CHF150M New Funding
- IDIA SW : Idorsia: Aprocitentan Partner Fails to Sign Deal as Envisaged
- IMPN SW : Implenia Sees 2025 Ebit About CHF140M
- INRN SW : Interroll Names Markus Asch New CEO from March 1
- ITP FP : Interparfums 4Q EPS Misses Estimates
- ISS DC : ISS Holder Kirkbi Invest Offers Up to 9.28M Shares
- JAZZ US : Jazz Pharma Sees 2025 Revenue $4.15B to $4.40B, Est. $4.32B
- JDEP NA : JDE Peet's FY Organic Revenue Beats Estimates, JDE Peet’s Organic Sales Rise Amid Record Green Coffee Inflation
- JYSK DC : Jyske Sees 2025 Net Income DKK3.8B to DKK4.6B, Est. DKK4.37B
- KAMBI SS : Kambi 4Q Revenue Beats Estimates
- LMND US : Lemonade 1Q Revenue Forecast Misses Estimates
- LIN US : Linde Raises Quarterly Dividend 7.9% to $1.50/Shr
- LCID US : EV Maker Lucid to Seek New CEO After Rawlinson Steps Aside
- MC FP : Giuseppe Zanotti Buys Back Minority Stake From L Catterton
- MEDCL FP : Teva, Medincell Report FDA Accepts sNDA for Uzedy for Bipolar
- MEDX SW : Medmix Sees 2025 Adjusted Ebitda Margin 18% to 19%
- META US : Meta Discusses $200 Billion AI Data Center Project
- MTGB SS : MTG Names Nick Hopkins as New Group CFO
- MUV2 GY : Munich Re FY Operating Profit Beats Estimates
- MUV2 GY : Munich Re to Buy Back €2b of Shares, Pay €20/Share Dividend
- NEL NO : Nel 4Q Ebitda Loss NOK36M, to Cut Investments by 50%
- NOVN SW : Sandoz Family to Sell $2.9 Billion Stake in Novartis, priced @ 98.25 (-2.45%)
- P911 GY : Porsche AG Names Successors to CFO & Sales Head
- RBREW DC : Royal Unibrew Sees 2025 Ebit DKK2.10B to DKK2.23B, Est. DKK2.19B
- RIO LN : *FREEPORT SHARES JUMP 6% POSTMARKET AFTER TRUMP COPPER ORDER
- SPM IM : Saipem Sees 2025 Revenue About EU15.0B, Est. EU14.93B
- SAN SM : La Nación.ar: Banco Santander bought 50% of an innovative payment and financing platform for agriculture from
- SAN SM : Santander Boosts Dividend 20% After Record Profit in 2024
- SESG FP : SES 4Q Adjusted Ebitda Beats Estimates
- STMN SW : Straumann CFO Yang Xu to Leave for Other Opportunity
- TEG GY : TAG Immobilien Prelim FY FFO/Share Beats Estimates
- TEVA IT : Teva, Medincell Report FDA Accepts sNDA for Uzedy for Bipolar
- UBXN SW : U-blox Sees 1Q Revenue of CHF65 Million to CHF75 Million
- X US : US Steel, Nippon Steel Seek Meetings With Trump Admin.: Semafor
- WIE AV : Wienerberger Dividend Beats Est., Sees 2025 Ebitda at €800m
- WLN FP : Worldline Names Pierre-Antoine Vacheron as Chief Executive
- WLN FP : Worldline FY Adjusted Ebitda Misses Estimates