Asia stocks and U.S. futures were steady Monday with investors weighing the pace of economic recovery against more potent Covid-19 strains and central banks mulling stimulus reductions. The dollar edged higher.
Southeast Asian markets underperformed, led by Malaysia, where a nationwide lockdown was extended. Australia saw a modest dip despite a lockdown in Sydney to contain outbreaks of the highly contagious Delta strain. Japan and China fluctuated. Hong Kong will open for trading in the afternoon after the morning session was canceled because of a rain storm warning. European futures were little changed. The S&P 500 had its best week since February. Treasuries held losses.
Cryptocurrencies will be closely watched after the U.K. restricted an affiliate of crypto exchange Binance from doing business in the country. Bitcoin rose for a second day, trading in the mid-$30,000s range in Asia on Monday.
Nikkei -0.14% Hang Seng +1.40% CSI +0.11% Shanghai -0.08% Shenzen +0.87%
Eur$ 1.1926 CNH 6.4654 CNY 6.4611 JPY 110.65 GBP 1.3896 CHF 0.9183 RUB 72.2207 TRY 8.7336 WTI$ 74.11 +0.08% Gold 1,783.30 +0.11% BTC 34,432 +1410 ETH 1,970 +140
S&P +0.09% Nasdaq +0.16% EuroStoxx -0.02% FTSE +0.05% Dax +0.08% SMI -0.05%
Macro :
Macro :
- Germany Seeks to Ban U.K. Travelers From EU: Times
- PBOC Backs Words With Action to Steady Market Rates: China Today
- U.S., EU Willing to Review Venezuela Sanctions on Conditions
- How Quants at Dimensional Deal With This Year’s Meme-Stock Craze
Spacs :
- Pershing Square SPARC Holdings Filed S-1 Confidentially
- Pershing Square SPARC Holdings Filed S-1 Confidentially
- Virgin Galactic Jumps as FAA Clears Customer Space Flights
Keep an eye on :
Keep an eye on :
- AIR FP : United Air Seen Finalizing Its Largest-Ever Narrow-Body Jet Deal
- AIR FP : SpaceX Aims to Launch Orbital Starship Flight in July: CNBC
- AIR FP : Airbus Offers Switzerland Eurofighter Assembly to Win Order: SZ
- AZN LN : AstraZeneca Diabetes Treatment Meets Endpoint in Phase III
- AZN LN : AstraZeneca: 1st Subjects Vaccinated in New Covid Variant Trial
- ATL IM : Atlantia to Sell Stake in Lusoponte to MM Capital for EU55.7m
- CS FP : Covea Is Looking At Axa’s Reinsurance Unit: Les Echos
- BAMI IM : Banco BPM Reviews Bancassurance Agreements With Covéa
- BMPS IM : *ITALY MULLS REPLACING MONTE PASCHI CEO: CORRIERE
- GBF GY : Bilfinger Investor Cevian Capital Cuts Voting Rights to 24.98%
- BT/A LN : BT Agrees to Use OneWeb Satellites for U.K. Rural Internet Push
- BIOSGN SS : Biosergen’s BSG005 Granted Orphan Drug Status by FDA
- CSGN SW : Credit Suisse to Pay $1.5 Million to Settle CFTC Swaps Claims
- DBK GY : Deutsche Bank Compensates J Garcia-Carrion On Forex Scandal : FT
- DWNI GY : Berlin Heads for Vote on Expropriating Landlords Amid Tenant Ire
- DIDI IPO : Ride-Hailing Giant Didi Said to Close U.S. IPO Books a Day Early
- EGR FP : Transition Evergreen Launches EU55.6M Capital Increase in Paris
- ECV GY : Encavis: 42.9% of Holders Choose New Shares Instead of Cash Div.
- GSK LN : GlaxoSmithKline Said to Tap Goldman, Citi for Spinoff
- HEN3 GY : Henkel Is Open to Acquisitions, CEO Tells Rheinische Post
- HEN3 GY : Henkel Is Open to Acquisitions, CEO Tells Rheinische Post
- HEX NO : Hexagon Purus Sets Up Maritime Unit for Hydrogen Development
- IIA AV : Immofinanz Cancels S Immo Offer After Shareholders Reject Motion
- NEWAY NA : VDL Groep Plans Response to Rival Offer for Neways by July 8
- NN NA : NN Group Confirms It Offered to Buy Some MetLife’s Europe Units
- ORPHA DC : Orphazyme to Focus Resources on Path for Arimoclomol in NPC
- PIRC IM : Pirelli Investor Longmarch to Join Tiremaker’s Holding Co.: Sole
- POLN SW : Polyphor Assesses Company’s Future After Phase III Study Failure
- SAN FP : Sanofi Says Dupixent Data Reinforces Safety Profile in Adults
- SAN FP : Sanofi Agrees to Sell 16 Consumer Healthcare Brands to Stada
- SBBB SS : SBB Holders Submitted 97.2% of SEK2.75b Bond for Conversion
- SBMO NA : SBM Offshore Gets $1.05b FPSO Financing From 11 Lenders
- STLA IM : Italy Unions Back Stellantis EV Production Plan at Melfi Plant
- ULE LN : Ultra Electronics Talks on Cobham Combination Terminated
- VOW3 GY : VW Brand to End Europe Combustion-Engine Sales by 2035: Mercury
- WG/ LN : John Wood Group Confirms Settlement of U.K., U.S., Brazil Probes