U.S. equity futures climbed and Asian stocks were mixed Wednesday as traders awaited a Federal Reserve decision that could buffet markets by shaping expectations for monetary-policy tightening. Technology stocks advanced in Hong Kong, China averted a technical bear market and Japan wavered after entering a correction. U.S. contracts initially sank in Asia before turning higher, while European futures were in the green. Wall Street delivered another volatile session Tuesday. The S&P 500 erased a near-3% intraday slide but later fell again to the lowest since October amid a tech selloff. Microsoft Corp. rebounded in extended trading on reassuring forecasts after releasing earnings. Crude held most of its rally, in part on the risk that any Russia-Ukraine conflict could disrupt supplies. Traders are waiting to see how hawkish the Fed sounds in the fight against high inflation -- both over interest-rate hikes expected from March and subsequent reductions in its holdings of Treasuries. Global stocks have already shed some 7% in 2022. Goldman Sachs Group Inc. strategists warned that the risk of a “growth shock” to equities is increasing. The International Monetary Fund cut its global economic expansion forecast for 2022, citing weaker prospects for the U.S. and China along with persistent inflation. In the cryptocurrency sector, Bitcoin held on its gains for the week, trading at around $37,000.
US After Hours MSFT rebounds during earnings call, now up 3%; TXN +3.7% also higher on earnings; FFIV -13.6%, NAVI -9.3% lower on earnings
Nikkei -0,44% Hang Seng +0,12% CSI +0.724% Shanghai +0.66%% Shenzen +0.68%
Eur$ 1,1304 CNH 6,3273 CNY 6,3223 JPY 113,89 GBP 1,3507 CHF 0,9175 RUB 78,5897 TRY 13,4712 WTI$ 85,22 -0,40% Gold 1,847,45 -0,30% BTC 37,800 ETH 2,490
S&P +0,12% Nasdaq +0,41% EuroStoxx +0,68% FTSE +0,89% Dax +0,65% SMI +0.32%
Macro :
- BofA Says ‘Too Early to Buy Tech’ Amid Valuation and Rate Risks
- Goldman Doesn’t See Big Disruption to Energy Flows Over Ukraine
- U.S. Approves Possible $2.2 Billion Arms Sale to Egypt
- SPAC Short Sellers Make $1.2 Billion Paper Gain From Faded Mania
Keep an eye on :
Keep an eye on :
- ARL GY : Advent, Centerbridge Raise Offer for Aareal to EU31/Shr in Cash
- ADP FP : French Transport Minister Calls 5G Rollout Near Airports Simple
- AIR FP : Hydrogen-Fueled Planes Could Clean Up Third of Air Travel: ICCT
- AIR FP : *BOEING 777S, 747S SUBJECT TO 5G INTERFERENCE, U.S. FAA SAYS
- AIR FP : Boeing, Qatar Airways in Talks to Launch 777x Next Week: Rtrs
- AI FP : Air Liquide to Invest About $60m Amid Pact for Arizona Factory
- BARN SW : Barry Callebaut 1Q Sales Beat Estimates
- BNP FP : BNP Offers Spanish Private Banking to March, Singular: Expansion
- COFB BB : Cofinimmo to Divest Office in Brussels Periphery for About EU23m
- DOV IM : Dovalue Sees FY Gross Revenue at EU565m-EU575m, Div EU0.50/Shr
- EDP PL : EDP Sells EU562m of the 2021 Portuguese Tariff Deficit
- EMMN SW : Emmi FY Sales CHF3.91B Vs. CHF3.71B Y/y
- GJF NO : Gjensidige 4Q Pretax Profit Beats Estimates
- NK FP : French Materials Firm Imerys Is Said to Eye $1 Billion Unit Sale
- IDIA SW : Idorsia Expands Daridorexant Marketing Partnership With Syneos
- INCY US : Incyte to Withdraw New Drug Application for Parsaclisib
- INRN SW : Interroll FY Sales Meets Estimates
- LONN SW : Lonza FY Sales Beat Estimates
- LHA GY : Lufthansa May Buy Stake in Italy’s ITA by 2023 or 2024: Corriere
- PHR PL : Pharol Says EU Commission Decision Has No Impact on Earnings
- PTEC LN : Playtech Exploring Contingency Plan to Breakup Operations: Sky
- RIEN SW : Rieter FY Sales Beats Estimates
- RWE GY : RWE Urges Germany to Intervene to Counter Gas Bottlenecks: FAZ
- RWE GY : RWE Urges Germany to Intervene to Counter Gas Bottlenecks: FAZ
- SK FP : SEB 4Q Sales EU2.49B Vs. EU2.23B Y/y
- SMCP FP : SMCP Board Panel to Study How to Stabilize Shareholder Base
- SO FP : Somfy 4Q Sales Beats Estimates
- SON PL : Sonae MC Says 2021 Preliminary Sales Rise 6.3% to EU5.36b
- TOD IM : Tod’s FY Preliminary Rev Eu884m, +38.7% Y/Y
- VWS DC : Vestas 2022 Revenue Forecast Misses Estimates
- VOD LN : Vodafone to Switch Off U.K. 3G Network Next Year
- WCH GY : Wacker Chemie Prelim FY Ebit About EU1.09B
- ZURN SW : Suncorp, Chubb Interested in Zurich Insurance Assets: Australian