Asian stocks were mixed Thursday as investors assessed the impact of skyrocketing energy costs on inflation, and weak China data. The dollar pared an advance.
Japanese shares slipped as the ruling party’s new leader, who is set to become the next prime minister, is seen by investors as maintaining stability. China edged up, while Hong Kong fell. U.S. and European futures climbed. The Nasdaq 100 notched its third straight day of losses after a technology rally petered out. Dip buyers helped push the S&P 500 higher.
The dollar traded near the highest since November as investors opted for safe havens. The deadline for the U.S. government to keep running and avoid a default is looming amid wrangling in Washington. Treasury yields remained around the highest since June. Federal Reserve Chair Jerome Powell and his counterparts in Japan, Europe and the U.K. voiced cautious optimism that supply-chain disruptions lifting inflation rates around the world would ultimately prove temporary.
China’s factory activity contracted in September for the first time since the pandemic began last year, a sign of the damage a widespread electricity crunch is having on an already slowing economy. Markets will be closed for a week-long holiday from Friday.
US After Hours Pretty quiet after hours; MLHR +2.3% higher on earnings; OPRX +11% jumps as it gets added to S&P SmallCap 600; SPCE soars +9.6% as it gets clearance to fly
Nikkei +0,10% Hang seng -0,82% CSI +0,64% Shanghai +0,46% Shenzen +1,83%
Eur$ 1,1608 CNH 6.4722 CNY 6,4684 JPY 111,90 GBP 1,3451 CHF 0,9329 RUB 72,70 TRY 8,9140 WTI$ 74,81 Gold 1,733 BTC 43,630 +6% ETH 3,025 +7%
S&P +0,65% Nasdaq +0,78% EuroStoxx +0,45% FTSE +0,40% Dax +0,43% SMI +0,20%
Macro :
Macro :
- China Sept. Manufacturing PMI at 49.6; Est. 50.0
- Draghi’s Full-Throttle Italy Budget Shows No Return to EU Limits
- Draghi’s Full-Throttle Italy Budget Shows No Return to EU Limits
- CVC Seeks to Raise $2.3 Billion for European Direct-Lending Fund
- Goldman Stays Pro-Risk in 4Q, Favors Commodity-Related Assets
- Crypto Products With Returns Can’t Avoid Rules: Gensler to FT
- Goldman’s Goodman Set to Join Maven as APAC Equity Markets Head
Keep an eye on :
Keep an eye on :
- ALO FP : Alstom Wins About EU430M Contract With Taipei Metro
- AZN LN : AstraZeneca Covid Vaccine Shows 74% Efficacy in U.S. Trial: Rtrs
- BEN FP : Beneteau 1H Ebitda Rises 35%, Confirms 2021 Outlook
- BMW GY : Electric Rolls-Royce Will Be ‘Handmade’ in Goodwood, CEO Says
- CNHI IM : Iveco To List In Milan in Early ‘22, Goes Ahead With Nikola: CEO
- COLR BB : Colruyt Sees FY Ebit, Net Falling ‘Significantly’ on Competition
- CON GY : Huber + Suhner to Supply Radar Antennas to Continental
- DAE SW : Daetwyler Targets 2022-2024 Group Revenue Growth 6%-10%
- EDF FP : Energy Crunch Puts European Industry in ‘Critical Situation’
- G1A GY : GEA Targeting Acquisitions in Central Europe, U.S.: CFO to B-Z
- HBH GY : Hornbach Holding Forecasts FY Results
- HUBN SW : Huber + Suhner to Supply Radar Antennas to Continental
- IBE SM : Iberdrola Halts Bids From Suppliers for Some Renewable Projects
- ILD FP : Niel Has 96.58% of Iliad After Offer; Squeeze-Out Eyed (1)
- ETL FP : Telecom Tycoon Drahi Is Said to Offer $3.2 Billion for Eutelsat
- ETL FP : Eutelsat Confirms Receiving Proposal From Patrick Drahi
- KTA GY : Vehicle Maker Knaus Tabbert Pulls 2021 Forecast on Chip Shortage
- NDX1 GY : Nordex Gets Royal Dutch Shell Contract for 50MW in Netherlands
- NUMND NO : Nordic Unmanned Offering of 2.82m Shares Prices at NOK35.5/Share
- PMAG AV : Pierer Mobility Resolves Capital Increase of EU895m
- PTEC LN : Playtech in Pact to Sell Financial Trading Unit to Gopher
- ROG SW : Roche’s Ronapreve Study Meets Primary Endpoint for COVID-19, Roche Antibody Cocktail Shows Benefit in Hospitalized Patients
- S30 FP : Solutions 30 1H Adjusted Ebitda EU49.5M Vs. EU41.3M Y/y
- GLE FP : CFTC Orders SocGen to Pay $1.5m Over Swap Dealer Requirements
- STB NO : Storebrand Offers 4.16m Shares at NOK82.02/Share
- SUBC NO : Subsea 7 Gets Subsea Contract of Over $750M
- TSCO LN : Tesco to Expand Use of Spain-UK Rail Link for Delivery: Rtrs
- 8TRA GY : Traton Names Christian Levin as Executive Board Chairman
- 8TRA GY : Traton Names Christian Levin as Executive Board Chairman
- BBOX LN : Tritax Big Box REIT Reports Retail Offer Via PrimaryBid
- Truecaller IPO : Truecaller Sets IPO Price in SEK44–56 range Per Class B Share