Global equities fell to a one-week low as surging oil prices and mounting bets on further Federal Reserve interest-rate hikes drove Treasury yields to multi-year highs. Oil advanced. MSCI’s All Country World Index, a key barometer of global equities, dropped 0.1% to its lowest since Sept. 18 as Asian shares retreated for a second day. Futures on the Nasdaq 100 slipped 0.3%, pointing to further losses on Wall Street after Monday’s tech-led decline.
Treasuries stabilized in Asia after tumbling in the US session. The US 10-year yield rose one basis point to 5.25% after climbing to the highest since 2007 on Monday. The 30-year yield added one basis point to 5.56%. Weighing on sentiment was Brent crude, which climbed for a second day as optimism for an imminent diplomatic breakthrough in the Middle East faded. The commodity gained 1.5% to $106.87 a barrel. Climbing oil prices, stronger US business activity and concerns over elevated government debt have fueled the biggest Treasury selloff since President Donald Trump’s April 2025 tariff rollout. The surge in yields is starting to pressure stocks as higher borrowing costs cloud the outlook for economic growth and corporate earnings. Elsewhere, gold rose 0.4% to $4,138 an ounce after slumping almost 4% on Monday. The dollar edged higher against most of its major peers. Chinese shares were little changed after the country said it will study new policies to stabilize the property market, promote employment and boost domestic demand in response to issues emerging in the economy. Investors will also be watching a packed slate of US economic data this week for signs the economy remains strong enough to support further Fed tightening. Consumer confidence and August JOLTS figures are due Tuesday, followed by consumer-spending and inflation data and then payrolls on Friday. While bonds sold off, equities have remained reasonably resilient, hovering near record high levels after a rally in artificial intelligence shares. Last week, the Nasdaq 100 Index hit its first all-time high since June. MSCI’s Asia Pacific Index is also less than 5% below its all-time high. Us After Hours IDT +2.4%, GEN +1.5% higher on earnings; JEF -1.7%, MTN -1.2% lower on earnings.
Nikkei -1.56% Hang Seng -0.74% CSI -0.03% Kospi -0.77% Shanghai +0.03% Shenzen +0.22%
Eur$ 1.1362 CNH 6.7074 CNY 6.7057 JPY 157.50 GBP 1.3238 CHF 0.8332 RUB 84.5001 TRY 48.9991 WTI$ 94.25 +1.49% Gold 4,127 -0.07% BTC 83,065 -0.53% ETH 2,662 -0.75%
S&P -0.25% Nasdaq -0.45% EuroStoxx +0.19% FTSE +0.18% Dax +0.07% SMI +0.17%
Macro :
- Anthropic Warns AI May Pose Existential Risks to Humanity: Rtrs
- AI Faces $6 Trillion Test to Justify Data Centers, Bain Says
- Iran Officials Pessimistic About US Deal Before Midterms
- Iran Officials Pessimistic About US Deal Before Midterms
- Anthropic CEO to Attend Trump’s AI Lunch on Tuesday: Semafor
Keep an eye on :
Keep an eye on :
- AF FP : Portugal Seeks Improved Offers for TAP by Wednesday: Minister
- ALO FP : Alstom Wins ~€460m Riyadh Metro Train Contract
- AMD US : AMD to Buy World Labs
- Anthropic IPO : Anthropic Introduces Claude Sonnet 5.5
- ANTO LN : Antofagasta Copper Workers Vote to Strike at Centinela in Chile
- ARCAD NA : Arcadis Sets New Financial Targets, Plans to Cut ~1000 Jobs
- MT NA : Steel Stocks Fall as Trump to Annnounce $15B Iowa Steel Plant
- AZN LN : Summit Therapeutics Jumps on $2 Billion AstraZeneca Deal (1)
- BBY LN : Balfour Beatty to Replace Schroders in FTSE 100 Index
- Blockchain.com IPO : Blockchain.com Is Said to Target $500 Million IPO This Year
- BA US : Boeing’s Troubled Capsule to Carry Crew to ISS in 2028 for NASA
- BA US : FAA to Delay Boeing 737 Max 10 While Studying New Issue: Bedford
- BOOZT SS : Boozt Boosts FY Adjusted Ebit Margin Forecast
- BSX US : Boston Scientific Wins U.S. Defense Logistics Agency Contract
- BP/ LN : BP Is Said to Weigh Sale of Its Brazilian Biofuels Business
- BPT LN : Bridgepoint, Astorg Consider Fenergo Sale: Reuters
- CVNA US : Carvana Best Positioned to Weather AI Disruption: Morgan Stanley
- CSR US : Activist Irenic Seeks to Block Independence-Centerspace Merger
- CMG US : Surge on betaville article on possible takeover offer
- CBK GY : UniCredit Seeks Commerzbank Control as Soon as Jan.: FT
- EGTX SS : Egetis Therapeutics Obtains US FDA Approval for Emcitate in Peripheral Thyrotoxicosis
- LLY US : Lilly CEO Eyes Bigger Deals in Hunt for Pharma’s ‘White Spaces’
- GS US : Goldman's Board Has Discussed a Plan to Name John Waldron as Its Next CEO -- WSJ
- GNFT FP : Genfit creuse ses pertes mais augmente sa trésorerie au 1er semestre
- GBT FP : Guerbet : H1 2026 Results.
- HLAG GY : Hapag-Lloyd Boosts FY Ebitda Forecast
- HLAG GY : Israel Finance Ministry Rejects Zim Sale To Hapag-Lloyd
- HBH GY : Hornbach Holding 1H Adjusted Ebit EU285.6M Vs. EU272.2M Y/y
- 13 HK : Hutchmed Seeks FDA Nod for ORPATHYS Combo in Lung Cancer
- IVG IM : Petrus Says Tata Motors’ €14.10/Share Bid Undervalues Iveco
- BAER SW : Julius Baer Buyback Request to FINMA Pending Final Approval, Swiss Watchdog Ends Enforcement Proceeding Against Julius Baer
- KOD US : Kodiak Surges by Record 172% After ‘Excellent’ Eye Drug Data
- LR FP : Legrand’s New Targets Seen as a Clear Positive: Street Wrap
- LISN SW : Lindt Cuts 2026 Organic Sales Growth Guidance to 0%-2%, Lindt Cuts Sales-Growth Guidance for Second Time on Weak Demand
- LHA GY : Portugal Seeks Improved Offers for TAP by Wednesday: Minister
- B4BO GY : Metro Assessing Implications of Russian Temporary Control Decree
- MUX GY : IHI to Sell Steinmüller Engineering to Mutares; No Terms
- NKT DC : NKT Targets Paying Annual Div of at Least 20% of Adj. Net Profit
- NOVOB DC : Hengrui to License HRS-1596 to Novo Nordisk for Up to $2.6b
- NVDA US : OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia's $13 billion deal
- Oura IPO : Oura, Accelevation Look to Boost Faltering IPO Market: ECM Watch
- PHARM NA : Pharming CEO Chouraqui Steps Down With Immediate Effect
- 005930 KS : Samsung Bets $1 Billion on AI Data Centers From Ex-AWS Chief (1)
- SDR LN : Balfour Beatty to Replace Schroders in FTSE 100 Index
- SRAIL SW : Stadler Names Philipp Brunner to Replace Bernsteiner as CEO
- SMMT US : Summit Therapeutics Jumps on $2 Billion AstraZeneca Deal +25%
- TE FP : Technip Energies Wins Contract for Turkey Petrochemical Complex
- TEN IM : TEN Continues Fleet Renewal and Sells Panamax Tanker
- TSLA US : Tesla Says Roadster Event Rescheduled to Oct. 15 Due to Weather
- TEVA IT : Teva's DEGEVMA Gets FDA Approval as Xgeva Biosimilar
- TKA GY : ThyssenKrupp Steel Targets M/T Adj Ebitda of at Least €1.2B
- TTE FP : US Diesel Export Ban Would Impact Gasoline Cost, Total CEO Says
- TKA GY : ThyssenKrupp Steel Targets M/T Adj Ebitda of at Least €1.2B
- TTE FP : US Diesel Export Ban Would Impact Gasoline Cost, Total CEO Says
- UCB BB : UCB to Present Data at Aanem Congress, MGFA Scientific Session
- UCG IM : UniCredit Seeks Commerzbank Control as Soon as Jan.: FT
- UN0 GY : KKR and RWE Said to Jointly Bid for German State-Owned Uniper
- MTN US : *VAIL RESORTS 4Q LOSS/SHR $5.34, EST. LOSS/SHR $5.32 +2.5%
- VOW GY : VW, Gotion Eye $3.7 Billion Battery Investment in Europe, Africa
- ZIM US : Israel Finance Ministry Rejects Zim Sale To Hapag-Lloyd