Asian stocks on Friday recovered some of the losses sparked by the Federal Reserve’s pivot to tighter monetary policy, while U.S. equity futures climbed after strong Apple Inc. earnings bolstered sentiment. Japan helped an Asia-Pacific share gauge to rise for the first session in six. China fluctuated as state-run media tried to talk up equities, arguing they offer long-term potential following a slump. But Chinese real-estate developers sank on fresh concerns about the ailing property sector. Contracts on the tech-heavy Nasdaq 100 outperformed after Apple Inc. rallied in extended trading on record sales. European futures wavered. U.S. shares Thursday ended lower in a volatile session, again failing to hold intraday rallies. The Russell 2000 small-cap index slumped into a bear market. The prospect of receding Fed stimulus is whipsawing markets: global stocks, for instance, have lost over $7 trillion this month. Powell telegraphed a March liftoff and one question is whether the Fed will deliver the first half-point hike in more than two decades. Elsewhere, oil headed for a sixth weekly advance and gold nursed losses. US After Hours AAPL +4.9% headlines bust earnings; TEAM +9.9%, V +4.6%, JNPR +4.3% also higher; HOOD -12.5%, WDC -8.6% lower on earnings; HD +0.6% gets a new CEO
Nikkei +2.09% Hang Seng -0.96% CSI -1.18% Shnaghai -0.92% Shenzen +0.08%
Eur$ 1.1154 CNH 6.3609 CNY 6.3570 JPY 115.39 GBP 1.3411 CHF 0.9298 RUB 77.7969 TRY 13.6316 WTI$ 87.20 +0.69% Gold 1,797.55 +0.01% BTC 37,250 +2.8% ETH 2,450 +0.12%
S&P +0.52% Nasdaq +0.99% EuroStoxx -0.12% FTSE +0.25% Dax -0.37% SMI -0.28%
Macro :
- Goldman Says Crypto Mainstream Acceptance May Not Boost Prices
- Biden Repeats Warning of Mid-February Attack: Ukraine Update
- France’s Macron Gets a Lift as Economy Grows More Than Expected
Keep an eye on :
- A2A IM : A2A Sees EU18b Investments Over 2021-2030, +EU2b Over Prior
- ALV GY : UniCredit, Allianz Strengthen Bancassurance Partnership
- ATE FP : Alten FY Revenue Beats Estimates
- ARAMI FP : Aramis 1Q Adjusted Revenue EU396.2M Vs. EU268.9M Y/y
- AU/ LN / HPQ US : U.K. Tycoon Lynch Ready for Fraud Verdict in Epic HP Court Fight
- AUTO NO : AutoStore: German Court Considers Ocado IP Rights May Be Invalid
- BHG SS : BHG Group 4Q Adjusted Ebit Beats Estimates
- BILL SS : BillerudKorsnas 4Q Adjusted Ebitda Meets Estimates
- BNP FP : BNP $16 Billion Shot Unlikely to Replicate UniCredit’s 11% Leap
- CABK SM : CaixaBank 4Q Net Income Misses Estimates
- CABK SM : CaixaBank, Mutua to Extend Alliance to Old Bankia Network
- CERV IM : Castor Bidco to Exercise Buyout Right for Rest of Cerved Shares
- CINE LN : Cineworld Says Cineplex Submitted Cross-Appeal On Court Decision
- COLR BB : Colruyt Buys Bakery Roelandt Groep; No Terms
- CTPNV NA : CTP Gets 98% Holder Support for Deutsche Industrie REIT-AG Offer
- DHER GY : Delivery Hero CEO Says No Plan to IPO Dmart ‘at This Moment’
- EDF FP : EDF Unions Legal Challenge, Miners on Form: EMEA Resources Wrap
- RACE IM : Ferrari May Stall Ahead of Decade-Defining Strategic Plan, SUV
- FINGB SS : Fingerprint Cards 4Q Oper Income SEK3.9M Vs. Loss SEK326.8M Y/y
- GIVN SW : Givaudan FY Ebitda Misses Estimates
- HAL NA : HAL FY Dividend per Share EU5.70 Vs. EU4.70 Y/y
- IGG LN : IG Group Holder TCMI Offers Up to 15.5m Shares: Terms
- IIA AV : Immofinanz Says CPI Property Bid Price Still Low After Increase
- DEC FP : JCDecaux 4Q Adjusted Revenue Beats Estimates
- JYSK DC : Jyske Hires Bank of America for Handelsbanken Deal, Borsen Says
- KIE LN : Kier to Hire 1,200 People to Support U.K. Projects
- LDO IM : Leonardo Says FY Orders, Rev, Ebita in High End of Guidance
- LOOK LN : Lookers Surges to 2019 High After Block Trades Cross at Premium
- MC FP : *LVMH 4Q FASHION & LEATHER GOODS ORGANIC SALES +28%; EST. +16%
- MC FP : LVMH's Recovery Rate Extends, Adding Scale vs. Peers: React
- MC FP : LVMH Results ‘Astonishing’ Once Again as Even Tiffany Impresses
- NETC DC : Netcompany CEO, COO Buy Shares for DKK50 Million Each
- NDA SS : Nordea Cuts Russian Bond Holdings Due to Conflict, Borsen Says
- OCDO LN : AutoStore: German Court Considers Ocado IP Rights May Be Invalid
- PHNX LN : Phoenix Group Holder Abrdn Offers About 40m Shares: Terms
- QFUEL NO : Quantafuel Offering of 16m Shares Prices at NOK25/Share
- SFER IM : Salvatore Ferragamo FY Revenue Meets Estimates
- SU FP : Schneider Is Said to Plan $1 Billion Telemecanique Sale
- SBBB SS : SBB Buys Odalen Fastigheter for SEK510m
- SEV FP : Suez Shares Suspended Until Delisting Is Implemented: AMF
- LIGHT NA : Signify Sees 2022 Comparable Sales +3% to +6%
- SSABA SS : SSAB Plans New Nordic Production Setup to Help Green Transition
- STERV FH : Stora Enso FY Dividend per Share Beats Estimates
- TEL NO : Telenor Digi 4Q Ebitda Before Items NOK1.55b vs NOK1.69b Yr Ago
- TELIA SS : Telia 4Q Adjusted Ebitda Meets Estimates
- UCG IM : UniCredit Revenue Beats Estimates as Orcel Targets Cash Returns
- UCG IM : Orcel Says UniCredit Withdrawing From Otkritie Due Diligence
- VK FP : Vallourec Signs Preliminary Agreement, Mine Ops Still Halted
- VOLVB SS : Volvo 4Q Adjusted Operating Profit Misses Estimates
- WRT1V FH : Wartsila 4Q Orders Beats Estimates
- WDP BB : WDP 2022 Adjusted EPS Forecast Misses Estimates