Asian stocks rose Friday, tracking U.S. peers as vaccine distribution bolstered economic optimism despite a climb in global Covid-19 cases. Oil was on course for a third week of losses.
A regional share gauge added more than 1%, led by Chinese and Japanese stocks. U.S. and European equity futures pointed higher after the S&P 500 advanced and small-caps rallied, buoyed by President Joe Biden’s doubling of a vaccination target. U.S. banks extended gains in after-hours trading as the Federal Reserve signaled an end to pandemic-era dividend curbs.
Ten-year U.S. Treasury yields rose slightly after another lackluster auction of seven-year notes. The reaction was muted compared with the upheaval in bonds and interest-rate sensitive stocks following poor demand at last month’s sale. The dollar dipped but remained on course for its best week in three.
Crude prices veered back up toward $60 a barrel in a volatile few days of trade as investors weighed the implications of a huge container ship still stuck in the Suez Canal.
US After Hours Banks rise as Fed says limits on dividends and buybacks will end for many on Jun 30; TLS +17.9%, PRGS +2.6% higher on earnings; SAIC -11.4%, BLNK -4.6% lower on earnings
Nikkei +1.56% Hang Seng +1.74% CSI +2.48% Shanghai +1.75% Shenzen +2.43%
Eur$ 1.1782 CNH 6.5429 CNY 6.5423 JPY 109.26 GBP 1.3760 CHF 0.9400 RUB 75.79 TRY 7.9662 WTI$ 59.33 +1.31% Gold 1,729 +0.12% BTC 52,825 +1185
S&P +0.47% Nasdaq +0.71% EuroStoxx +0.88% FTSE +0.79% Dax +0.81% SMI +0.21%
Macro :
Macro :
- Iran Missile Hit Israel-Owned Ship in Arabian Sea, TV Says (2)
- Biden Says Next Major Initiative Is Rebuilding Infrastructure
- France Extends Lockdown to Three More Regions as Cases Soar
Keep an eye on :
- France Extends Lockdown to Three More Regions as Cases Soar
Keep an eye on :
- ABNN SW : ABB Plans Follow-Up Buyback of as Much as $4.3 Billion
- ALV GY : Allianz Said to Lead Race for Aviva’s $2.9 Billion Polish Unit
- ATL IM ; Benetton, CRT to Reject Extension of Autostrade Spin-off Plan
- BT/A LN : Davidson Kempner Acquiring Tranche of Stock in Worldpay: Sky
- COPN SW : Cosmo Sees 2021 Operating Income EU3M to EU5M
- CSGN SW : Credit Suisse Sees Potential Greensill Fund Losses of $3b: FT
- CSGN SW : Credit Suisse Sees Potential Greensill Fund Losses of $3b: FT
- DAI GY : Mercedes Expects to Raise the Electric Bar With Flagship Sedan
- DMYDB SS : Diamyd Medical Offers SEK60m Shares
- EBRO SM : Lustucru Ready to Make Offer for Ebro’s Panzani: Les Echos
- ENI IM : Eni, Sonatrach Sign Pacts in Upstream, Research, Development
- EL FP : Essilorluxottica to Buy Walman
- EXO IM : Exor Board Proposes Dividend of EU0.43/Share (March 25)
- HMB SS : H&M Stores Vanish From China Maps as Xinjiang Spat Worsens
- IIA AV : Immofinanz Boosts Offer Price for S Immo to EU22.25 a Share
- INH GY : Indus Holding Offers Up to 2.45m Shares
- KAZ LN : KAZ Minerals Chairman Is Said to Plan Increase to Buyout Offer
- KBX GY : Thiele Family to Hold Knorr-Bremse AG Stake Via Foundation
- NFON GY : NFON Offers Up to 1.5m Shares via Joh Berenberg Gossler & Co. KG
- NOVOB DC : Novo Nordisk CEO Says 2025 Targets Are Within Reach: Borsen
- PGHN SW : Partners, PSP Said to Mull Sale of $3.5 Billion Labs Firm Cerba
- SEPL LN : Seplat Petroleum Prices $650M 7.75% Senior Notes Due 2026
- SHOT SS : Scandic to Offer Convertibles, Extend Credit Line With Banks
- SGC LN : Stagecoach: Megabus Coach Services to Re-Start March 29 in U.K.
- TC1 GY : Tele Columbus Sees 2021 Revenue EU465M to EU475M