Asian stocks were mixed Thursday as investors assessed mixed U.S. economic data and comments from a Federal Reserve official that the central bank is on course to taper stimulus support.
Equities edged up in Japan and fluctuated elsewhere including Hong Kong and China, where Beijing’s regulatory curbs continue to dominate the agenda. The S&P 500 fell from a record overnight, led lower by energy shares, while the technology sector proved more resilient. U.S. contracts climbed in Asian trading. Vice Chairman Richard Clarida said the Fed is on track for a liftoff in interest rates in 2023 and an announcement later this year on paring bond purchases. Clarida’s comments helped to cement money-market bets for an initial rate hike in early 2023. Treasury yields advanced and the dollar held a climb.
Oil steadied below $70 a barrel after a three-day slump exacerbated by the coronavirus resurgence.
The latest economic data showed a much softer-than-expected ADP employment report but a record expansion for U.S. service industries. U.S. jobs numbers are due Friday.
In cryptocurrencies, the second-largest coin Ether was around a two-month high following a software upgrade that will trim the pace at which fresh tokens are minted.
US After Hours PING +13.8%, SITM +13.5%, MELI +6.1%, WU +4.2%, EA +3.6% higher on earnings; FSLY -19.2%, ETSY -13.6%, PETQ -11.7%, LMND -8.9%, ROKU -8.4%, UBER -4.1% lower on earnings
Nikkei +0.46% Hang Seng -0.20% CSI -0.05% Shanghai +0.09% ,Shenzen -0.29%
Eur$ 1.1836 CNH 6.4624 CNY 6.4639 JPY 109.67 GBP 1.3891 CHF 0.9073 RUB 73.0885 TRY 8.4875 WTI$ 68.39 +0.35% Gold 1,811 +0.01% BTC 39,400 -365 ETH 2,700 -10
S&P +0.16% Nasdaq +0.10% EuroStoxx +0.06% FTSE +0.02% Dax +0.04% SMI +0,
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Keep an eye on :
Keep an eye on :
- 1U1 GY : 1&1 Boosts FY Ebitda Forecast, Misses Estimates
- ADEN SW : Adecco Sees Two Potential Deals Providing Net Cash of Over EU50m
- ADS GY : Adidas Boosts FY Net Income From Continuing Operations Forecast
- NDA GY : Aurubis 3Q Oper Ebitda Beats Estimates
- BYW6 GY : BayWa Raises 2021 Ebit Growth Guidance
- BAYN GY : Bayer Boosts FY Revenue Forecast
- BPER IM : BPER Banca 2Q Net Income EU101.5M
- COP GY : CompuGroup 2Q Adjusted Ebitda EU51.0M Vs. EU44.6M Y/y
- ACA FP : Credit Agricole 2Q Net Income Beats Estimates
- DBK GY : Deutsche Bank Upgraded at Moody’s as Overhaul Gains Traction
- DBK GY : Deutsche Bank Upgraded at Moody’s as Overhaul Gains Traction
- DB1 GY : Even an IPO Boom Can’t Fix a Shrinking Stock Market: ECM Watch
- DPW GY : Deutsche Post 2Q Ebit Beats Estimates
- DOV IM : DoValue 1H Net Revenue EU222.1M
- EDPR PL : EDP Renovaveis Sells Stake in 149 MW Wind Portfolio in Poland
- ZIL2 GY : ElringKlinger Sees FY Adjusted Ebit Margin 5% to 6%
- ENEL IM : Enel Completes Sale of Open Fiber Stake to CDP-Macquarie
- ENT LN : Entain Jumps as MGM Real Estate Sale Spurs Fresh Bid Speculation
- ERF FP ; Eurofins Scientific Boosts FY Revenue Forecast
- EVK GY : Evonik Boosts FY Adjusted Ebitda Forecast, Beats Estimates
- FAGR BB : Fagron FY Adjusted Ebitda Forecast Misses Estimates
- HNR1 GY : Hannover Re 2Q Ebit Beats Estimates
- ITP IM : Interpump 2Q Net Sales EU405.5M
- KBC BB : KBC Group 2Q Net Income Beats Estimates
- LHA GY : Lufthansa 2Q Adjusted Ebit Loss EU952M, Est. Loss EU765.6M
- MRK GY : Merck KGaA 2Q Adjusted Ebitda Beats Estimates
- NWO GY : New Work 1H Pro Forma Ebitda EU52.3M Vs. EU39.4M Y/y
- NOVO DC : Novo Climbs to Record High as Analysts Note Guidance Raise
- PTEC LN : Playtech Raises Questions on Source of Funds for Gopher’s Offer
- RAA GY : Rational 2Q Sales Beat Estimates
- RHM GY : Rheinmetall Maintains FY Sales View at Constant FX +7% to +9%
- CFR SW : Richemont Nominates Jasmine Whitbread, Patrick Thomas to Board
- RR/ LN : Rolls-Royce Confirms Talks on Potential Sale of ITP With Bain
- SAE GY : Shop Apotheke Maintains FY Revenue +10% to +15%
- SIE GY : Siemens Acquires Rail Ticketing Firm Sqills in Pivot to Software
- SIE GY : Siemens Raises FY Comp Sales Growth Target to 11%-12%
- SMHN GY : Suess MicroTec 2Q Ebit EU6.6M Vs. EU8.8M Y/y
- SY1 GY : Symrise Sees FY Organic Revenue Above +7%, Saw +5% to +7.00%
- SCMN SW : Swisscom Boosts FY Ebitda Forecast, Beats Estimates
- TEN IM : Tenaris 2Q Net Sales Beat Estimates
- TEN IM : Tenaris 2Q Net Sales Beat Estimates
- UCG IM : UniCredit, Paschi Deal Would Help Italy Finance Sector: Messina
- ULVR LN : Unilever Is Said to Kick Off Sale of Large Part of Tea Business
- UTDI GY : United Internet 1H Sales EU2.78B
- VLA FP : Valneva Phase 3 Chikungunya Vaccine Trial Meets Primary Endpoint
- VAVN SW : VAT 1H Net Sales Beat Estimates
- VIFN SW : Vifor Pharma 1H Core EPS Beats Estimates
- VOW GY : Class 8 Truck North American Orders Rise 33% YoY in July
- WCH GY : Wacker Chemie 2Q Ebitda Beats Estimates
- ZAL GY : Zalando Sees FY Adjusted Ebit High End Of EU400M to EU475M