Stocks in Asia climbed along with US equity futures on Friday, helped by gains in technology shares, and oil snapped a slide as investor sentiment steadied after another turbulent week. An Asian equity index rose 0.8%, while S&P 500, Nasdaq 100 and European contracts posted modest gains. Taiwan recouped losses fueled by US House Speaker Nancy Pelosi’s visit, a jump that may have helped the wider mood. The 10-year Treasury yield was steady at about 2.68% and the dollar edged up. The inversion between two-year and 10-year yields remained near the deepest since 2000, indicating worries about a recession as monetary policy tightens. A global equity index is set for a third weekly advance and near a two-month peak in a recovery from bear-market lows, helped by resilient US company profits. The durability of the bounce remains in doubt as borrowing costs go up. Democrats agreed on a revised version of their tax and climate bill, adding a new 1% excise tax on stock buybacks. Investors are also monitoring the aftermath of Pelosi’s visit to Taiwan. China, which regards the self-ruled island as part of its territory, reportedly fired missiles over Taiwan during military drills -- a major escalation if confirmed. US After Hours Summary: Very busy earnings session; headliners: FUBO +25.4%, NET +21.2%, CVNA +14.7%, YELP +14.6%, DASH +13.7%, TEAM +10.2%, LYFT +9.1% on upside; DOCS -16.5%, CDNA -13.3%, MNTV -11.8%, WBD -11.4% on downside
Nikkei +0,86% Hang Seng -0,06% CSI +0,29% Shanghai +0,26% Shenzen +0,39%
Eur$ 1,0230 CNH 6,7509 CNY 6,7465 JPY 133,40 GBP 1,2139 CHF 0,9568 RUB 61,1261 TRY 17,9445 WTI$ 88,94 +0,50% Gold 1,791,04 -1,10% BTC 23,100 +3,2% ETH 1,653 +4%
S&P +0,23% Nasdaq +0,26% EuroStoxx +0,16% FTSE +0,15% Dax +0,18% SMI +0,16%
Macro :
- US Buyback Tax Could Be Friday’s S&P 500 Tail Risk
- Crypto Lender Voyager Receives Multiple Bids Above FTX Offer
- *BOFA STRATEGISTS CUT EUROPEAN STOCKS TO NEGATIVE FROM NEUTRAL
Keep an eye on :
- AED BB : Aedifica 1H EPRA EPS Beats Estimates
- AD NA : Ahold Delhaize to Postpone Amsterdam IPO of Bol.com
- AKTIA FH : Aktia Bank 2Q Adjusted EPS Misses Estimates
- ATUS US : Altice USA Eyes PE Infrastructure Funds for Suddenlink Sale:CNBC
- ALV GY : Allianz 2Q Operating Profit Beats Estimates
- ALV GY : Pimco Clients Pull Out $29 Billion as Allianz Sees Profit Rise
- AAL LN : Anglo Studies Chile Project Rejection With View to Seek Review
- AMGN US : Amgen 2Q Adjusted EPS Beats Estimates: Snapshot
- ATL IM : Atlantia FY Revenue Forecast Beats Estimates
- ATL IM : Atlantia Approves Mutually Agreed Exit of CEO Bertazzo
- ATCO US : Atlas Chairman, Fairfax Consortium Jointly Proposes to Buy Atlas
- NDA GY : Aurubis 9M Pretax Operating Profit EU448M Vs. EU268M Y/y
- BAVA DC : Monkeypox Declared a US Health Emergency, Freeing Up Funding
- BYND US : Beyond Meat Cuts Sales Forecast as Shoppers Trade Down
- BITTI FH : Bittium 2Q Operating Profit Beats Estimates
- BPE IM : BPER Banca 2Q Revenue EU903.2M Vs. EU840.7M Y/y
- BPOST BB : Bpost 2Q IFRS Net Beats Estimates
- BMW GY : European Lithium, BMW in Non-binding MOU on Lithium Hydroxide
- AFX GY : Carl Zeiss Meditec Sees FY Revenue at Least EU1.8B
- COR PL : Corticeira Amorim Buys Plot of Land From Novo Banco for EU22.3m
- CE IM : Credito Emiliano 2Q Net Income Beats Estimates
- DPW GY : Deutsche Post 2Q Ebit Beats Estimates
- DASH US : DoorDash Soars 11% After Results and Ebitda Forecast
- DBX US : Dropbox 2Q Adjusted EPS Beats Estimates
- EDF FP : EDF May Be Evaluating Sale of Italy’s Edison, MF Reports
- EXPE US : Expedia 2Q Adjusted EPS Beats Estimates
- GLPG NA : Galapagos Boosts FY Operating Cash Burn Forecast
- ILTY IM : Illimity 2Q Operating Income EU80.6M
- IPI US : Intrepid Potash 2Q Adjusted EPS Misses Estimates
- INGA NA : *ING GROUP FILES $20B MIXED-SECURITIES SHELF
- INW IM : Infrastrutture Wireless CEO Resigns as Sale of Shares Closes
- IPN FP : Ipsen Extends Expiration Date of Offer for Epizyme to Aug. 11
- ITA IM : ITA Airways Sale Won’t Be Left to Next Government: Draghi
- KKR US : KKR to Team Up With Loop Capital to Offer Equity Research, Firm Officials Say -- WSJ
- LGF/A US : Lions Gate Buyers Are Interested in Its Film Studio and Starz
- LSE LN :
- LHA GY : Lufthansa Seals Ground Crew Wage Deal to Avert Further Walkouts
- META US : Meta Makes Bond-Market Debut With $10 Billion Jumbo Deal
- MOBN SW : Mobimo 1H Ebit CHF81.4M Vs. CHF115.4M Y/y
- BMPS IM : Monte Paschi 2Q Net Income EU17.5M Vs. EU82.8M Y/y
- MNST US : Monster Beverage Shares Fall After 2Q Margins, EPS Miss
- NTGY SM :
- ORRON SS : Orron Eyes Possible Expansion Into Europe as Energy Demand Rises
- PIRC IM : Pirelli FY Revenue Forecast Beats Estimates; Raises FY Guidance
- RHM GY : Rheinmetall 1H Operating Profit EU206M Vs. EU191M Y/y
- ROTH FP : Rothschild & Co 1H EPS EU3.43 Vs. EU4.78 Y/y
- SAN FP : Innovent, Sanofi to Develop Cancer Medicines in China
- TWTR US : Musk Says Twitter Played ‘Hide-and-Seek’ as He Sought Info
- TWTR US : *TWITTER SAYS MUSK ACCUSING IT OF FRAUD IN MERGER COUNTERSUIT
- UBI FP : Ubisoft Surges on Possible Tencent Bigger Stake: Street Wrap
- UNI IM : Unipol 1H Consolidated Net EU574.9M Vs. EU536.7M Y/y
- US IM : UnipolSai 1H Consolidated Net EU401.5M Vs. EU525.8M Y/y
- VOW GY : Porsche Is Said to Court Gulf Sovereign Funds for Landmark IPO
- WPP LN : *WPP RAISES FY COMP SALES GUIDANCE ON `STRONG' 1H PERFORMANCE
- XIOR BB : Xior 1H Net Rental Income EU49.8M Vs. EU35.2M Y/y
- XPO US : XPO Logistics Boosts FY Adjusted EPS Forecast, Beats Estimates
- XPO US : XPO Logistics CEO Jacobs to Step Aside After Brokerage Spinoff
- YELP US : Yelp Boosts FY Adjusted Ebitda Forecast, Beats Estimates
- ZAL GY : Zalando Changes Track With Focus on Profitability: Handelsblatt