Stocks in Asia pared gains on low volumes, while European and U.S. equity futures dipped, as investors assessed a better-than-expected U.S. jobs report against lingering concern that new coronavirus hotspots could disrupt the economic recovery.
Gains for Japanese shares fizzled, with volume about 25% lower than the past month’s average. Chinese equities outperformed, while Hong Kong and South Korea rose. S&P 500 futures slipped after the gauge posted a 0.5% advance Thursday, when the Nasdaq set another record. Treasury futures were steady along with the dollar, with American cash equity and bond markets shut Friday for a holiday. Gold is on course for a fourth week of gains, sitting just below $1,800 an ounce.
Nikkei +0.20% Hang Seng +0.84% CSI +0.78% Shanghai +1.04% Shenzen +0.68%
Eur$ 1.1223 CNH 7.0663 CNY 7.0658 JPY 107.52 GBP 1.2464 CHF 0.9458 WTI$ 40.24 -1.01%
S&P -0.10% Nasdaq +0.04% EuroStoxx +0.01% FTSE +0.11% Dax +0.05% SMI
Macro :
- Highest Caixin PMI in a Decade Buoys China Stocks: Macro Squawk
- Stock Fund Outflows Extend Run Despite Equity Rally, Citi Says
- Nasdaq Relative to S&P 500 Approaches 2000 Peak
Keep an eye on :
- AIR FP : *BOEING TO END 747 PROGRAM AFTER HALF-CENTURY HISTORY
- AIR FP : Biggest Regional Planemaker Cuts Jobs With Output Set to Halve
- AIR FP : Airbus Could Cut Fewer German Jobs With Govt Help
- AI FP : Air Liquide Sees Currency Impact on 2Q Revenue Close to -0.5%
- AZA IM : EU Asks for ‘Real Discontinuity’ on Alitalia: Vestager to Ansa
- MT NA : ArcelorMittal to Invest $2.7 Billion in India’s Gujarat State:ET
- ATEB BB : Atenor to Buy 50% Stake in the Hague Residential Project
- BME LN : B&M European Reports Pricing of GBP400M Sr Note Offering
- BAS GY : Germany’s BASF To End Production in Argentina, Shift to Brazil
- BDRILL NO : Borr Regains Compliance With NYSE Continued Listing Standard
- CMCX LN : CMC Markets Sees Earnings to Exceed Market Consensus
- CNH IM : Class 8 Truck North American Orders Rise 19% YoY in June
- CPG LN : Pilot Poisoned by Fumes in 2017 Crash Killing Former Compass CEO
- DAI GY : Mercedes to Take Roughly 3% Stake in China Battery Maker Farasis
- DHER GY : Delivery Hero Says 2Q Order Numbers Rose 94% Vs Year Ago
- DBK GY : Slok Leaving Deutsche Bank for Alternative Investment Firm
- DNB NO : DNB Gets Norway Ministry of Finance Approval of New Structure
- EDF FP : EDF Raises Estimate For Its French Nuclear Output in 2020
- ESNT LN : Essentra Says Performance is in Line With Expectations
- FCA IM : Fiat Chrysler Weighs Dividend in ‘Assets’ for PSA Merger: Sole
- GSK LN : GSK’s ViiV Healthcare Gets FDA OK for Rukobia for HIV-1
- LHA GY : Kley: Lufthansa Deal Lacks Vision for Future of Business: HB
- NB2 GY : German Data Center Firm Wins New Investor, Block.One as Client
- NOKIA FH : Nokia Seeks to Block U.S. Imports of Lenovo Computers
- ORA FP : Orange’s Richard Doesn’t See Backing for Consolidation in France
- OUT1V FH : Outokumpu Placement to Price at EU2.47 Per Share: Terms
- OUT1>V FH : Outokumpu EU130M Convertible Bond Offering Book Covered: Terms
- UG FP : Fiat Chrysler Weighs Dividend in ‘Assets’ for PSA Merger: Sole
- SGO FP : Saint-Gobain CEO Says Current Rebound Means 3Q Will Be ‘Good’
- SAN FP : Regeneron and Sanofi End U.S.-Based COVID-19 Trial
- SFSN SW : SFS Group Sees 1H Ebitda Margin ~15% Versus 17.6% in Prior Year
- TEF SM : U.K. to Ask EU for Full Control of O2-Virgin Deal Review: FT
- TSCO LN : Tesco’s John Allan to Lead Business Effort to Spur U.K. Recovery
- UBI FP : Ubisoft to Revise Composition of Editorial Group: Kotaku
- UBI IM : UBI Shareholder FBML Open to Review Intesa Bid if Raised: Sole
- VICO SS : Vicore Pharma to Offer SEK160m Shrs, Vicore Pharma Offering Prices 10m Shares at SEK18.50/Share
- VOW3 GY : Class 8 Truck North American Orders Rise 19% YoY in June
- WDI GY : Deutsche Bank Weighing Acquisition of Disgraced Wirecard’s Bank
- WDI GY : Wirecard Hires Moelis & Co. to Organize Sale of U.S. Unit: FT
- WDI GY : Singapore Merchants Switching from Scandal-Hit Wirecard: Times
- WDI GY : Wirecard Said to Have Falsified Income Already in FY2014: SZ
- WDI GY : Wirecard Convertible Bonds to Be Auctioned Off on July 8
- WDI GY : Pine Labs Said to Weigh Bid for Part of Wirecard’s Asia Business