Stocks in Asia swung from gains to losses along with U.S. and European equity futures as investors monitored progress on the path to a coronavirus vaccine on the final day of a record month for global equities. Oil retreated.
S&P 500 futures began the trading week higher, then slipped, as did Australian and Japanese shares. A gauge of the dollar extended its recent retreat to the lowest level since April 2018. Chinese equities outperformed as activity in the country’s manufacturing sector picked up faster than expected in November and the central bank unexpectedly injected funds into the financial system. Oil retreated after an OPEC+ agreement to postpone an output increase planned for January remained elusive before a meeting Monday. Gold dropped.
On Sunday, U.S. Surgeon General Jerome Adams said the federal government hopes to quickly review and approve requests from two big drugs makers for emergency approval of their Covid-19 vaccines. Meanwhile, Reuters reported that the Trump administration is adding SMIC and CNOOC Ltd. to a blacklist of alleged Chinese military companies.
Nikkei -0.79% Hang Seng -1.45% CSI +0.05% Shanghai -0.13%Shenzen +0.11%
Eur$ 1.1971 CNH 6.5832 CNY 6.5942 JPY 103.92 GBP 1.3344 CHF 0.9029 RUB 76.2964 TRY 7.8369 WTI$ 44.59 -2.06%
S&P -0.85% Nasdaq -0.39% EuroStoxx -0.99% FTSE -0.68% Dax -0.89% SMI -0.54%
Macro :
- Iran Says It Won’t Fall in Trap of Scuttling Any U.S. Talks
- OPEC Faces Seismic Demand Split as Cartel Plots Next Move
- Italy Approves New Stimulus Package to Bolster Shrinking Economy
- Italy Eases Restrictions for Milan, Turin With Outbreak Slowing
- EU to Accept U.K. Plan for Fishing Rights Transition: Telegraph
- U.K. Virus Restrictions Could Last Until Easter, Sky News Says
Keep an aye on :
- AA/ LN : AA’s biggest shareholder rejects ‘derisory’ private equity offer
- AB FP : AB Science Gets EU15M EIB Loan to Fund Covid-19 Treatment Study
- ABN NA : ABN Amro Aiming to Cut Further 15% of Staff by 2024
- AC FP : Accor Issues Convertible Bonds for About EU500m Due Dec. 2027
- ADJ GY : Adler Group 9M FFO I EU74.7M Vs. EU50.4M Y/y
- AGS BB : Ageas Sees Solvency Impact Taiping Reinsurance Deal Minus 7 Ppt
- AGN NA : Aegon Agrees to Sell CEE Business to VIG for Almost $1 Billion
- ASML NA : Samsung in Talks With ASML to Invest in High-NA EUV: Herald (1)
- ATC NA : Lucerne Capital Objects to Next Private Offer for Altice Europe
- CS FP : Gulf Insurance to Buy AXA’s Gulf Ops in $475m Deal
- AZN LN : *WHO SAYS MORE DATA NEEDED ON AZ-OXFORD VACCINE: AP
- BPE IM : BPER Seeks ECB Authorization for Bond Early Repayment
- CARM FP : Carmila Board Appoints Sebastien Vanhoove Deputy CEO
- CENER BB : Cenergy, Nexans Talks Ended Without Result (Nov. 29)
- CCAP GY : Corestate Says Vestigo Immobilien Is a New Anchor Shareholder
- ENGI FP : Engie Plans Four New Gas Power Plants in Belgium, L’Echo Says
- ERF FP : Eurofins Buys Asbestos Testing Company Taiyo Techno Research
- FUR NA : VEB Announces Settlement With Fugro for Own Members; No Terms
- KGX GY : Kion Sets Subscription Price at EU62/New Share For Capital Raise
- MT IM : Maire Tecnimont Gets Additional EU500m of Works for Amur Plant
- KN FP : BPCE Sees No Reason For Natixis Not To Assess SocGen’s Lyxor
- NOKIA FH : U.K. Unveils 5G Plan Banning Huawei Installations From September
- REALFI SS : Realfiction Plans Directed Issue of Units to Raise ~SEK35.8m
- ROG SW : Roche Treatment Granted Orphan Drug Status by FDA
- SAN FP : Sanofi, Kiadis Make ‘Good Progress’ on Offer, See Closing in 1H
- SAN FP : EU Approves Dupixent for Children With Severe Dermatitis: Sanofi
- SBMO NA : SBM Offshore Is Notified by Swiss Authorities Re Legacy Issues
- WAF GY : GlobalWafers in Talks to Buy Siltronic for EU3.75 Billion
- SLA LN : Standard Life Aberdeen to Auction Off Parmenion Unit: Sky
- TEF SM : Telefonica Mandates Societe Generale for Cable Sale: Cinco Dias
- UCG IM : UniCredit Working With GS, JPM as Strategic Advisers: Reuters
- UCG IM : UniCredit Board Meeting Casts Shadow on CEO’s Future (2)
- VIG AV : Vienna Insurance $990 Million Deal Cements Eastern Pole Position
- VLTSA FP : Voltalia Mulls More Solar Farms in U.K. as Nuclear Power Recedes