Asian stocks tracked Friday’s gains in the US amid optimism over corporate earnings in the region. The dollar climbed as traders positioned for another large interest rate hike by the Federal Reserve this week. An index of Asian equities climbed for the fourth time in five days on Monday. Apple Inc.’s earnings report on Friday had buoyed technology shares, helping the S&P 500 and the Nasdaq 100 notch their longest weekly rising streak since August. Tech equities in Hong Kong jumped, with gains also seen from Japan to Australia. US futures pared losses. The yen fell against most of its major peers, with economists expecting the Fed to raise rates by another 75-basis-points, widening the policy divergence with the Bank of Japan. A core gauge of US inflation accelerated in September, bolstering the case for more tightening. Meanwhile, wheat soared after Russia exited a key agreement to allow Ukrainian crop shipments. Wheat soared after Russia exited a key agreement to allow Ukrainian crop shipments. Wheat soared after Russia exited a key agreement to allow Ukrainian crop shipments. Brazilian assets are set to weaken on Monday after Luiz Inacio Lula da Silva won the presidential election. The extent of the market drop will depend on whether President Jair Bolsonaro will concede as a contested election would likely trigger larger losses. Oil edged lower as weak economic data from China fanned concerns about energy demand, but it was still set for the first monthly advance since May on OPEC+’s planned supply cuts. Gold headed for its seventh straight month of declines, the longest losing streak since at least the late 1960s.
Nikkei +1.65% Hang Seng +0.84% CSI -0.47% Shanghai -0.29% Shenzen +0.64%
Eur$ 0.9948 CNH 7.2917 CNY 7.2713 JPY 147.87 GBP 1.1594 CHF 0.9974 RUB 61.5239 TRY 18.6141 WTI$ 87.32 -0.66% Gold 1,642.10 -0.17% BTC 20,548.5 -0.67% ETH 1,590.45 -0.30%
S&P -0.24% Nasdaq -0.36% EuroStoxx +0.39% FTSE +0.16% Dax +0.32% SMI +0.32%
Macro :
- Saudi Net Reserves Surge Near $449 Billion, Highest Since 2020
- Twitter Frees Up Billions for Arbitrage Traders Seeking Next Win
- Twitter Frees Up Billions for Arbitrage Traders Seeking Next Win
- Goldman Sachs Now Sees Fed Rates Peaking at 5% in March
- Italy’s Meloni to Mark Shift From Draghi on Covid, Justice
- Iran’s Oil Minister Heads to Russia on Monday for Deal Talks
Keep an eye on :
Keep an eye on :
- AIR FP : Airbus Sees EVTOLs as Opportunity for LatAm ‘Last Mile’ Travel
- BARC LN : Barclays CEO Says You Won’t See Him Spinning Out Investment Bank
- BOSN SW : Bossard Board Nominates Ina Toegel for Election
- CSGN SW : Credit Suisse Is Said to Tap 20 Banks for Capital Increase
- CSGN SW : Credit Suisse’s Saudi Backer Rules Out Raising Stake for Now
- EMR US : Blackstone, Emerson Electric Strike $14 Billion Buyout Deal -- WSJ
- ENI IM : Qatar Energy Is in Lebanon Gas Partnership Talks With Eni, Total
- ENI IM : Europe Faces ‘Big Hit’ From Loss of Russia Oil, Says Italy’s Eni
- ENOG LN : Energean Started Supplying Karish Gas to Customers
- FINGB SS : Fingerprint Cards Sets Price at SEK3.02/Shr for Rights Issue
- FRE GY : Fresenius SE 3Q Adjusted Ebit Meets Estimates
- FME GY : Fresenius Medical Revises Guidance After 3Q Earnings Report
- GLEN LN : Tesla Talks on Taking Stake in Glencore Ended Without Deal: FT
- IDS LN : UK Union Delays Postal Worker Strike After Royal Mail Challenge
- ITX GY : Fashion Empires Strike Back as Costs, Investment Swallow E-Tail
- COX FP : Nicox Meets Primary Objective in Phase 3 NCX470 Glaucoma Trial
- SAF FP : Safran Pauses New Plant Project Due to Energy Costs: Les Echos
- SAE GY : Shop Apotheke 9M Revenue EU877M Vs. EU772.3M Y/y
- SANN SW : Santhera Seeks Extra Funds, Amends Highbridge Facility
- SNBN SW : SNB 9M Loss CHF142.4B
- STLR IM : Stellantis’s China Joint Venture With GAC to File for Bankruptcy
- STLA IM : Stellantis Says GAC-FCA JV to File for Bankruptcy
- TALK LN : Virgin Media O2, TalkTalk Abandon Takeover Talks, Telegraph Says
- TNXT IM : Intesa Sanpaolo to Invest EU55M in Tinexta’s Warrant Hub
- TTE FP : Qatar in Talks With TotalEnergies for Stake in Lebanon Gas Block
- TWTR US : Binance Is Creating a Team That Aims to Help Twitter With Crypto
- TWTR US : Binance Is Creating a Team That Aims to Help Twitter With Crypto
- TWTR US : Musk Tapped Perella to Guide Twitter Through Complex Financing
- WIZZ LN : Wizz Air's New Planes Drive Sustainability Strategy, ESG Outlook
- ZAL GY : Fashion Empires Strike Back as Costs, Investment Swallow E-Tail