U.S. futures and Asian stocks began the week with gains after equities reached fresh highs last week. The dollar traded near the lowest in more than two years, while the yen pared some of Friday’s climb as Japan looks for a new prime minister.
Shares in Japan outperformed, bolstered by Berkshire Hathaway Inc.’s purchase of stakes in five major trading companies, one of billionaire Warren Buffett’s biggest investments in the nation. Hong Kong and China rose, but South Korea fell. Treasuries slipped, while both gold and crude oil advanced.
The S&P 500 closed at an all-time high for a sixth consecutive trading session Friday, while the Nasdaq Composite also reached a record. Chinese economic activity continued to rebound in August as the world’s second-largest economy emerges from the virus slump.
Euro Stoxx 50 futures advance alongside Asian shares and U.S. future contracts as the dollar trades near the lowest level in more than two years and amid positive economic data in China.
Nikkei +1.29% Hang Seng +0.84% CSI +0.61% Shanghai +0.77% Shenzen +0.65%
Eur$ 1.1900 CNH 6.8524 CNY 6.8533 JPY 105.65 GBP 1.3336 CHF 0.9039 RUB 74.1522 WTI$ 43.11
S&P 0.34% Nasdaq +0.54% EuroStoxx +0.51% FTSE Closed (Bank Holiday) Dax +0.42% SMI +0.36%
Macro :
- Macron Sticks to No Lockdown, Cites Chance to Modernize France
- First Green German Bond Might Come Cheap After Market’s Selloff
- Dubai Is Said To Be in Talks With Banks for Dollar Sukuk Sale
- Buffett’s Berkshire Takes Stakes in Japanese Trading Companies
Keep an eye on :
- ADJ GY : ADO Properties First Half FFO I Per Share EU0.88 Vs. EU0.76 Y/y
- ANIM IM : Anima CEO Sees Co. as ‘Protaganist’ in Consolidation: Repubblica
- ARAMCO AB : Saudi Aramco Said It Has Discovered Two New Oil, Gas Fields
- ARYN SW : Elliott Is Said to Weigh Bid for Struggling Swiss Baker Aryzta
- ARYN SW : Glass Lewis, Inrate Back Jordi as Aryzta Chairman, Veraison Says
- BT/A LN : Sliding Share Price Puts BT Group on KKR’s Radar, FT Reports
- CSGN SW : Credit Suisse to Move Europe Investment Bank to Spain: Expansion
- DANSKE DC : Danske Overcharged Customers for Years Due to IT Error, TV2 Says
- DBK GY : Investors Sue Deutsche Bank Over Public Epstein-Statements
- DGE LN : Diageo Nigeria Unable to Refinance Loan on Dollar Shortage (1)
- ENGI FP : Suez Board to Convene ‘Shortly’ to Study Veolia Merger Approach
- EQR US : Equity Group Seeks to Raise $300 Million for Blank-Check Company
- FCA IM : Fiat, PSA Discuss Joint Small-Car Plan in Early Sign of Synergy
- FCT IM : Italy Finance Min Signs Off on Guarantee for Fincantieri Loan
- GSC1 GY : Gesco First Half Ebit Loss EU13.9 Mln Vs. Profit EU15.9 Mln Y/y
- HIAG SW : Hiag Immobilien 1H Net Property Income CHF29.5 Mln, -0.7% Y/y
- LAND LN : American private equity barons circling Britain's largest office developers after their share prices collapse by 50%
- MCP PL : Media Capital Says Cofina Offer Doesn’t Reflect Value of Company
- KN FP : Windhorst Gets $595 Million from German Investors for H2O Deal
- KN FP : Natixis: No Financial Impact From H2O Asset Mgmt Suspensions
- KN FP : H2O Freezes Eight Funds After Pressure From French Regulator
- NESN SW : Nestle to Buy Aimmune Therapeautics for $34.50/Share in Cash(1)
- NOVN SW : Novartis Reports Progress for Drug Aimed at Lowering Cholesterol
- UG FP : PSA’s Opel Reintroduces 2-Shift Operation in German Plant: Funke
- PSH NA : Pershing Square Says It’s Eligible for Inclusion in FTSE 100
- PHA NA : Philips Cuts FY Profit Outlook on Pulled Ventilator Contract
- PMAG AV : Pierer Mobility Sees FY Ebit Margin Between 4%-6% of Revenue
- PUB FP : Kraft Heinz Picks Dentsu Aegis, Publicis Units for Media
- SAGA LN : Former Saga Chief to Return After £150 Mln Cash Call: Sky News
- SAN FP : Sanofi CEO Says Recent Data Boosts Vaccine Confidence: Reuters
- STLN SW : Schmolz Board Proposes to Cut Nominal Value per Share to CHF0.15
- STR AV : Strabag First Half Output Volume EU6.72 Bln
- SZE FP : Veolia Environne: VVeolia is offering to acquire 29.9% of Suez from Engie, to create the French world champion of ecological - https://on.ft.com/3gHqamB - FT
- TIT IM : Telecom Italia Will Name CEO at Network Company, Repubblica Says
- TSLA US : Tesla’s Largest Investors Now Include South Korea Retail Traders
- UCB BB : UCB Says Phase 3 Vimpat Study Met Primary, Secondary Endpoints
- VAN BB : Van De Velde Interim Dividend Per Share EU1
- VIE FP : Veolia Offers $3.5 Billion for Suez Stake, May Buy Out Rest
- VOD LN : Vodafone, Wind, Sky Say Italy Network Needs to Be Independent
- WDI GY : Trinity Investments Is Wirecard’s Biggest Creditor: Sueddeutsche