Asian stocks climbed in a volatile start to a crucial week spanning the U.S. election and a Federal Reserve policy meeting, events that could set the tone for financial markets for the rest of the year. Oil tumbled to a five-month low.
S&P 500 futures nudged up after erasing an earlier decline. The dollar ticked higher with Treasuries. Japan stocks outperformed. The moves at the beginning of November come after global equities posted two months of losses.
Concern that economic growth will be hampered by further lockdown measures in Europe dragged crude prices and commodity currencies lower. The pound slipped as increased restrictions in England aimed at controlling the coronavirus overshadowed signs of progress on Brexit trade talks.
Nikkei +1.39% Hang Seng +1.28% CSI +0.37% Shanghai -0.11% Shenzen +0.94%
Eur$ -0.11% CNH 6.6898 CNY 6.6880 JPY 104.73 GBP 1.2907 CHF 0.9175 RUB 79.7521 TRY 8.3672 WTI$ 34.54 -3.49%
S&P +0.04% Nasdaq -0.01% EuroStoxx -0.05% FTSE -0.30% Dax +0.00% SMI
Macro :
- Brexit Negotiators Move Close to Breaking Impasse Over Fish
- CHINA OCT. MANUFACTURING PMI AT 51.4; EST. 51.3
- ‘Hydrogen Wars’ Pit Europe v. China for $700 Billion Business
- Faced With Hard Science, Johnson Hopes Lockdown Saves Christmas
- SCMP: Ethiopia, Egypt and Sudan restart Nile mega-dam talks
- Speculators Boost Bullish U.S. Stock Bets to Highest Since 2019
Keep an eye on :
- AA/ LN : Davidson Kempner Eyes Role in AA Takeover Talks: Sunday Times
- ADAPT SS : Adapteo 3Q Comparable Ebitda Beats Estimates
- ADXN SW : Addex, Indivior Research Agreement Extended Until 2021
- AED BB : Aedifica Buys Belgian Care Home for About EU22m at 4.25% Yield
- AF FP : Dutch govt says a bailout package for KLM placed on hold after pilots union rejects wage freeze - Union refused to accept a freeze on wage increases through 2025
- ARJOB SS : Arjo Targets Higher Organic Sales Growth With New Strategy
- IAG LN : Airlines Suffer Blow as England Bans Non-Work Overseas Travel
- BW NO : BW Energy to Convert Two Jack-Up Rigs for Dussafu Developments
- COFB BB : Cofinimmo to Buy Four Care Homes, Brussels Office for ~EU195m
- CRBN NA : Corbion Maintains FY Organic Net Sales Growth +4% to +7%
- CSGN SW : CS Contemplates Ending Business With Commodity Trading Cos: SZ
- DNKN US : Dunkin’ Will Be Acquired by Inspire Brands in $11.3 Billion Deal
- EZJ LN : Easyjet Boss Fears Rival Airlines Will Use State Aid to 'Grab Market Share'
- EQNR NO : Equinor Makes Minor Gas Find Near Maria in Norwegian Sea: NPD
- EQNR NO : Equinor Sets Ambition to Reach Net-Zero Emissions by 2050
- RF FP : Eurazeo, IK IX Fund Will Each Invest Nearly EU200m in Questel
- NK FP : Imerys 3Q Current Ebitda Falls 15% to EU165m
- KDS NA : Sanofi to Acquire Entire Kiadis Share Capital for EUR5.45 Per Share Via Public Offer (+272% vs Fri. Close)
- MRK GY : Merck KGaA Granted FDA Orphan Drug Status for Tepotinib
- MRL SM : Merlin Should Retain Cash to Control Debt, CEO Tells Economista
- NESN SW : Nestle Buys At-Home Meal Provider Freshly in $950 Million Deal
- NETS DC : Nexi Leading Talks to Buy Nets in $10B All-Stock Deal: Rtrs
- NEXI IM : Nexi Leading Talks to Buy Nets in $10B All-Stock Deal: Rtrs
- NLSN US : Nielsen Announces Sale of Global Connect Business to Advent International for $2.7 Billion
- NYR BB : Belgian Court Orders Inquiry Into Nyrstar-Trafigura Relationship
- PNL NA : PostNL 3Q Normalized Ebit Misses Estimates
- RNO FP : Nissan to sell only electric or hybrid cars in China by 2025 - Nikkei
- RR/ LN : Rolls-Royce Plans Sale of Bergen Engines Unit, Telegraph Says
- RYA ID : Ryanair Expects to Record Higher Losses in 2H Than in 1H
- SBRY LN : Sainsbury Considering Sale of Banking Unit, Sky News Reports
- SAN FP : Sanofi to Acquire Entire Kiadis Share Capital for EUR5.45 Per Share Via Public Offer
- SANN SW : Santhera Pharmaceuticals Secures Additional Funding; to Cut Jobs
- SDRL LNO : Seadrill Forbearance Pacts Expire; Continues Stakeholder Talks
- SEM PL : Semapa 9M Net Income EU72.8M
- SHL GY : Siemens Healthineers 2021 LFL Sales Growth View Misses Avg. Est.
- SHL GY : Siemens Healthineers Seeks to Bolster Earnings, Sales in 2021
- Sportsradar IPO : Sportsradar Seeks U.S. IPO for Up to $10 Billion, Telegraph Says
- SWECB SS : Sweco Valuation Has Reached Unsustainable Highs: Dagens Industri
- 8TRA GY : Navistar, Traton Expected to Get Definitive Deal Soon, CTFN Says
- TXGN SW : TX Group Sees About CHF18m Impairment After Trendsales Disposal
- UBSG SW : UBS Deepens Mideast Footprint With Foray Into Qatar Wealth (1)
- UCB BB : UCB Says Bimekizumab Phase 3 Met Primary, Secondary Endpoints
- UCB IM : Italy Offers UniCredit New Incentives on Paschi, Ansa Says
- UMI BB : Umicore Sees FY Adjusted Ebit EU465M to EU490M, Est. EU480.0M
- URW NA :Unibail 9M Adjusted Recurring EPS EU6.57
- URW NA : Unibail-Rodamco-Westfield Nine-Month Result Hurt By Pandemic
- VOW3 GY : Audi Lineup to be All But Electric by 2030, CEO Tells Augsburger
- VOW3 GY : Volkswagen to Invest EU60 Billion to Become CO2-Neutral by 2050