Asian shares and US and European equity futures fell Tuesday as investors positioned for interest-rate hikes this week from the Federal Reserve and the European Central Bank. Equities benchmarks for China, Japan, India, South Korea and Australia all dropped, with small early gains in some markets evaporating. The moves extended on a torrid session on Wall Street that dragged the Nasdaq 100 to its worst day since Dec. 22 as Apple Inc. and Microsoft Corp. weighed on the market. Samsung Electronics Co. fell about 3.5% in Seoul, weighing on South Korea’s Kospi gauge, after profit slumped on poor demand for semiconductors and weakness in smartphones and memory chips. In Hong Kong, Alibaba Group Holding Ltd.’s decline this week reached around 9%, reducing its market value by $28 billion amid concern that China’s consumer recovery may fail to meet lofty expectations. The drop in Alibaba, and Chinese shares in general, still leaves them well up this year. An index of global equities also remained on course for a gain of about 6% in January. The selloff in Adani Group shares continued. While the flagship Adani Enterprises Ltd. was up about 2% in early trading as the company’s $2.5 billion follow-on share sale enters its final day, other parts Gautam Adani’s business empire were sharply lower. Ten of the conglomerate’s companies have seen about $75 billion in market value erased after US short-seller Hindenburg Research leveled fraud accusations last week. oil fell further after touching a three-week low on Monday. Traders are waiting for more clues on Chinese demand, the Fed decision and the latest guidance from OPEC+. on the agenda for the week are policy meetings in Europe and the UK on Thursday, and the US jobs report on Friday. A less tight labor market is a key goal for the Fed. US After Hours SYM +10.9% and WHR +1.5% up on earnings, CRK +6.6% up on news it will replace ADC in the S&P SmallCap 600; HLIT -8.6%, ITGR -5.4%, NXPI -3.3%, PCH -2% on earnings, DASH -2% on future stock sales announcement by co-founders
Nikkei -0.39% Hang Seng -1.48% CSI -0.94% Shanghai -0.35% Shenzen -0.36%
Eur$ 1.0838 CNH 6.7572 CNY 6.7534 JPY 130.16 GBP 1.2345 CHF 0.9253 RUB 70.1526 TRY 18.8098 WTI$ 77.46 -0.56% Gold 1,915 -0.45% BTC 22,850 +0.46% ETH 1,5670 +0.80%
S&P -0.07% Nasdaq -0.24% EuroStoxx -0.45% FTSE -0.37% Dax -0.44% SMI
Macro :
- JPMorgan’s Kolanovic Sees This Year’s Early Equity Rally Fading
- Adani Backed by UAE Royals Buying $400 Million in Share Sale
- Historic Outperformance of MSCI China May Be Over: China Today
Keep an eye on :
Keep an eye on :
- AMG NA : AMG Signs MOU With FREYR for Battery-Grade Lithium Hydroxide
- AMS SW : AMS-Osram CEO Alexander Everke Will Be Succeeded by Aldo Kamper
- ATCOA SS : Atlas Copco Buys Business Unit from South Korea’s Zeus
- AOF GY : Atoss Proposes EU2.83/Share Payment, Including Special Dividend
- AG1 GY : AUTO1 Extends €1b Inventory Financing, Boosts Consumer Loan ABS
- BSA GY ; Bauer Agrees Legal Settlement, Plans Capital Increase
- BWLPG NO : BW LPG Gains as DNB Names It Top Pick Among Gas Shipping Firms
- CAV1V FH : Triton Changes Timetable for Start of Caverion Offer Period
- EDF FP : EDF Hopes to Take Part in Poland’s Nuclear Power Program: DGP
- EDF FP : France Interested in Building Saudi Nuclear Plant: Le Maire
- ELIS FP : Elis Sees 2023 Organic Revenue Above +10% Hemnet Holder General Atlantic Offers 8m Shares
- ELIS FP : Elis Sees 2023 Organic Revenue Above +10% Hemnet Holder General Atlantic Offers 8m Shares
- EAPI FP : EuroAPI Restarted Prostaglandin Prod in Budapest on Jan. 19
- GLEN LN : Glencore Sells Russian Aluminium Into LME Storage: Reuters
- HLAG GY : Hapag-Lloyd FY Revenue Misses Estimates
- HEM SS : General Atlantic Doubles Henmet Offering to 16.8m Shares
- HOLMB SS : Holmen 4Q Operating Profit Beats Estimates
- KPN NA : KPN Sees 2023 Adj. EBITDA AL About EU2.41B, Est. EU2.51B
- LAND SW : Landis+Gyr Targets 2025 Adjusted Ebitda Margin 12% to 14%
- LEO GY : Leoni CEO Aldo Kamper to Leave Company March 2023
- LOGN SW : Logitech Hires Boynton as CFO, Names Arunkundrum COO
- TL5 SM : MFE, Mediaset Espana Boards Approve Merger
- MUSTI FH : Musti Group 1Q Net Sales Beats Estimates
- NCCB SS : NCC 4Q Operating Profit Beats Estimates
- OR FP : L'Oreal, P&G to Boost Recycled Content in Packaging: BNEF
- PMAG AV : Pierer Mobility Prelim FY Ebit Beats Estimates
- P911 GY : Porsche, Ferrari Electrified China Growth Poised for 2023 Return
- RNO FP : Nissan Resolves Renault Grievance Through Big Payoff for Partner
- RHM GY : American Rheinmetall Vehicles and GM Defense awarded multi-phase program to replace the US army's heavy tactical trucks with production of up to 40K new trucks valued at up to $14B
- RHM GY : Rheinmetall Launches €1b Convertible Bond Offering
- RVRC SS : RVRC Holding 2Q Adjusted Operating Profit Beats Estimates
- SK FP : SEB 4Q Sales Beats Estimates
- STERV FH : Unicaja Sees 2023 NII Growing; 4Q Net Loss Misses Estimates
- SWEDA SS : Swedbank Beats Profit Estimates on Surging Net Interest Income
- TEL2B SS : Tele2 4Q Adjusted Ebitda After Leases Beats Estimates
- TIT IM : Tel. Italia May Target Net Debt Below €15b by 2025: Messaggero
- TUI1 GY : Griffin Global in Purchase, Leaseback of Two Aircraft With TUI
- UBSG SW : UBS Group 4Q Net Income Beats Estimates
- UNI SM : Unicaja Sees 2023 NII Growing; 4Q Net Loss Misses Estimates
- UCG IM : UniCredit 4Q Net Income Beats Estimates
- VTWR GY : Vantage Towers Forecasts FY Results
- VOW GY : VW’s Skoda Auto Cuts Production Due to Chip Shortage: Reuters
- WRT1V FH : Wartsila 4Q Adjusted Ebit Misses Estimates