Asian stocks advanced as technology shares continued a recovery and oil climbed for a third straight session after entering a bear market last week. Technology shares had the biggest advance in the MSCI Asia Pacific Index. The yen was little changed against the dollar. The pound climbed for a fourth day amid Brexit negotiations by U.K. Prime Minster Theresa May, whose leadership remains under threat. An absence of catalysts over the weekend left investors awaiting clues from central bankers on policy paths for some of the world’s biggest economies. Federal Reserve Bank of San Francisco President John Williams made the caseMonday for further gradual interest rate increases, saying he expects inflation to rise to the central bank’s 2 percent target next year as unemployment edges lower. Later on, European Central Bank President Mario Draghi will make speak in Portugal before Fed chair Janet Yellen makes an appearance in London on Tuesday.
Nikkei +0.09% Hang Seng +0.42% CSI +1.10% Shanghai +0.70%
Eur$ 1.1197 CNH 6.8481 CNY 6.8408 JPY 111.31 GBP 1.2745 CHF 0.9699 RUB 59.32 WTI$ 43.49 (+1.12%)
S&P +0.07% EuroStoxx +0.23% Dax +0.18% FTSE +0.07% SMI +0.40%
Macro :
- France to Unveil Environment Roadmap by End-July, Macron Says
- Hedge Funds Go All-In on VIX Shorts Again: CFTC
- EU Commission in Talks With Italy on Aid for Failed Veneto Banks
- French Government Spokesman Castaner Sees No Tax Hike: RTL Radio
- Draghi in the Limelight at ECB’s Sintra Forum: Macro Squawk Wrap
- Tradeweb: Offshore Bond Trading Platform to Link to Bond Connect
Keep an eye on :
- AB1 GY : Lufthansa CEO Rules Out Air Berlin Takeover for Now: BamS
- AKZA NA : Akzo Nobel specialty chemicals unit to be spun-off or sold by April 2018 - telegraaf.nl
- ALV GY : Allianz Sells Oldenburgisch LB Stake to Bremer Kreditbank
- ATC NA : Altice, Prisa Lawyers Had Meetings on Media Capital: Expresso
- ARM LN : ARM Holdings Invests GBP17m in Blu Wirless: Sunday Telegraph
- BOTHE BB : Bone Therapeutics Says to be Awarded Allogeneic Cell Patent
- CLLN LN : mentionned again in FT as potential target for PE.
- COL SM : Spain’s Colonial to Invest Up to EU400m Per Year, CEO Tells ABC
- CRBN NA : Corbion Holder Converts Preference Shares Into Ordinary Shares
- CTF SM : Investment Funds Said to Show Interest in Cortefiel:Confidencial
- DAI GY : Daimler to Make Only Electric Smart Cars From 2020/21: Manager
- DAI GY : Diesel Engines Emit Less CO2, Daimler CEO Tells Deutschlandfunk
- DLG GY : Dialog Semiconductor CEO Sees Return to Growth in 2017: FuW
- DIA SM : DiaSorin Sees Net Result Rising Around 12% a Year Through 2019
- EDF FP : EDF Hinkley Audit Shows Up To 3 Billion Euros Extra Cost: Monde
- ERF FP : Eurofins Seeking Acquisitions of All Sizes, CEO Tells Investir
- FCA IM : Fiat Chrysler Said to Have Halted Output of Pacifica Hybrid: WSJ
- FNC IM : Fincantieri Gets Export Finance Approval for Qatar Deal: Sole
- HNR1 GY : Hannover Rueck CFO Sees ECB Rates Staying Low for Years: Euro
- HIS SM : Hispania Aims to Sell Office Portfolio by Year End: Economista
- ISP IM : Intesa Confirms Buying Veneto Bank Assets for One Euro
- LHA GY : Lufthansa CEO Rules Out Air Berlin Takeover for Now: BamS
- MS US : Morgan Stanley May Add 200 Jobs in Frankfurt Over Brexit: WamS
- NESN VX : Nestle Targeted by Activist Third Point With $3.5 Billion Stake
- UG FP : French Car Industry to Sell Certification Co. Utac: Les Echos
- RNO FP : French Car Industry to Sell Certification Co. Utac: Les Echos
- RIO LN : Rio Tinto Board Will View Glencore’s Coal Offer Favourably: RBC
- ROG VX : Genentech’s Emicizumab Showed Positive Results in Phase III
- SBRY LN : Sainsbury Promises Nisa Independence on Takeover: Telegraph
- UBSG VX : UBS CEO Says Bank Regulation Lacks Political Discussion: Blick
- VED LN : Vedanta Seeks to Quadruple Zambia Copper Output Over Three Years
- WFM US : Wal-Mart Said Not Considering a Bid for Whole Foods: Reuters