Most Asian stocks rose Tuesday as investors assessed the impact of omicron and U.S. equities at record highs. The yen fell to its weakest since 2017 against the dollar. Japan and Australia advanced as they reopened after the holiday. A decline in technology stocks weighed on Hong Kong. U.S. futures edged higher after the S&P 500 ended at a record even as trading volumes remained light. Chinese shares are headed for their worst start to the new year since 2019, as investors took profit on some of their most successful bets in 2021.
Markets are anticipating an uptick in volatility. Investors are navigating headwinds from the omicron variant, supply-chain disruptions and more central banks winding back pandemic stimulus that propelled a third year of double-digit returns for equities. In China, renewable energy and health-care firms paced declines. Also souring the mood, the People Bank of China cut its net injection of short-term cash to the markets, prompting concerns over support for the financial system. “There looks to be more of the same thing that happened last year -- institutional money is moving out of the hottest stocks because the positives have been largely priced in,” Gao Shan, chief investment officer at Shanghai Universal Wisdom Fund Ltd., said.
Elsewhere, crude oil in New York rose ahead of an OPEC+ meeting on Tuesday to discuss production. Bitcoin hovered around $46,000.
Nikkei +1.76% Hang Seng +0.15% CSI -0.38% Shanghai -0.12% Shenzen +0.04%
Eur$ 1.1301 CNH 6.3745 CNY 6.3737 JPY 115.76 GBP 1.3465 CHF 0.9180 RUB 74.6208 TRY 13.4207 WTI$ 76.13 +0.07% Gold 1,085.65 +0.24% BTC 46,150 +0.32% ETH 3740 +0.46%
S&P +0.19% Nasdaq +0.28% EuroStoxx +0.26% FTSE +1.06% Dax +0.29% SMI +0.63%
Macro :
- Blackstone’s Byron Wien Sees S&P 500 With No Progress in 2022
- Europe Energy Stocks May Be Active as OPEC+ Set to Boost Supply
Keep an eye on :
- AGS BB : Ageas Sees RPN(I) Effect Boosting 4Q Net by EU22.7m
- ASML NA : ASML's Fire at Berlin Factory May Extend Chip Shortage: React
- CGG FP : CGG: CGG Sells its Physical Asset Storage and Services Business to OASIS Group and Access
- CCAP GY : Corestate Names Efremidis New Chairman of Supervisory Board
- ACA FP : APRA Grants Foreign ADI License to Credit Agricole Corporate
- CSGN SW : Credit Suisse to Cut 69 New York Staff in Prime-Services Exit
- DAI GY : Mercedes Taps Formula 1 Team for Prototype in Race With Tesla
- DAI GY : Mercedes-Benz Braces for Chips to Remain Scarce in Coming Months
- DHER GY : Doubling Germany's Online Food Orders Potential Attracts Rivals
- DIE BB : Belgian 2021 Car Registrations Drop 11.2% After 32% Slump in Dec
- EDF FP : EDF, Govt Working on New Measure on Energy Bills: Le Maire
- ENEL IM : Enel Finalizes Acquisition of 527 MW of Hydro Plants From ERG
- FORTUM FH : Nordex Gets Fortum Order for 380MW in Finland
- GSK LN : Ex-Glaxo Scientist Pleads Guilty to Stealing Trade Secrets: DOJ
- GLJ GY : Grenke FY Leasing New Business Volume EU1.66B Vs. EU2.03B Y/y
- HAG GY : Leonardo Completes Acquisition of 25.1% of Hensoldt AG
- TKWY NA : Doubling Germany's Online Food Orders Potential Attracts Rivals
- 1638 HK : Some Kaisa Bondholders Yet To Get Coupon Payments Due Last Week
- LDO IM : Leonardo Completes Acquisition of 25.1% of Hensoldt AG
- NOKIA FH : FAA Thanks AT&T, Verizon on Voluntary 5G Rollout Delay
- NDX1 GY : Nordex Gets Fortum Order for 380MW in Finland
- PSH NA : Pershing Square Holdings Dec. Net Performance +5.7%
- SANN SW : Santhera in Vamorolone Exclusive License Pact With Sperogenix
- SAN FP : Sanofi Sees 1.5%-2.5% Forex Boost to 4Q Sales, Business EPS
- STLA IM : Italy Dec. New Car Sales Fall 27.54% Y/y
- SCMN SW : Swisscom, Orell Fuessli in Partnership for Digital Certificates
- TIT IM : Telecom Italia to Present Strategy Plan on March 2: Repubblica
- TTE FP : Europe Energy Stocks May Be Active as OPEC+ Set to Boost Supply
- TNXT IM : Tinexta, Prelios in Talks for Potential Integration: Messaggero