US equity futures advanced after a further labor-market slowdown reinforced speculation the Federal Reserve will cut interest rates next year to avert a recession. MSCI’s Asia Pacific Index - a gauge for benchmarks in the region - rose the most in three weeks, with Japanese equities leading the gains. European stock futures advanced 0.3%. Benchmark US 10-year yields pared some of Tuesday’s drop that had brought them below 4.2%. Global bonds are extending gains on expectations that a wave of easing will break out next year as inflation fears evaporate. The moves in Treasuries came after one of the European Central Bank’s most-hawkish officials said inflation is showing a “remarkable” slowdown. That led investors to bet that Europe will lead the world’s largest central banks on interest-rate cuts. The onshore Chinese yuan edged lower even as officials ramped up support for the currency after Moody’s Investors Service cut its credit outlook for the nation Tuesday. The dollar weakened against most of its Group-of-10 peers. Elsewhere, India’s stock market value reached more than $4 trillion Tuesday for the first time, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong. Bank of Japan’s Deputy Governor Ryozo Himino signaled that the central bank is inching closer to putting an end to the world’s last negative interest rate regime. US After Hours: S +20.9%, PHR +11.5%, TOL +2.3% higher on earnings; YEXT -12.6%, BOX -11.5%, ASAN -9.5%, MDB -6% lower on earnings
Nikkei +2.04% Hang Seng +0.70% CSI +0.16% Shanghai -0.11% Shenzen +0.55%
Eur$ 1.0790 CNH 7.1640 CNY 7.1578 JPY 147.04 GBP 1.2599 CHF 0.8746 RUB 92.6422 TRY 28.9330 WTI$ 72.41 +0.10% Gold 2,028 +0.45% BTC 43,510 -0.89% ETH 2,266 -0.31%
S&P +0.18% Nasdaq +0.29% EuroStoxx +0.20% FTSE +0.28% Dax +0.14% SMI +0.05%
Macro :
- Euronext Leaves AEX Index Unchanged in December Review (Lucas Bols, Renewi to be included in AScX index)
- Crypto Stocks Rally as Bitcoin Extends Gains For Sixth Day
- Citadel Securities Credit-Trading Business Threatens Banks’ Turf
Keep an eye on :
Keep an eye on :
- AIR FP : Airbus Delivered 64 Jets in November, Brings Year Total to 623
- ALE US : Power Company Allete Said to Be Exploring Sale, Reuters Reports
- ARBN SW : Arbonia Sees Negative Organic Growth 2023, Keeps 2026 Outlook
- AT1 GY : *AROUNDTOWN, SILTRONIC, KRONES TO JOIN MDAX
- BATS LN : BAT Sees FY Rev. Ex-FX Low End of +3% to +5%, Saw +3% to +5%
- BHG SS : EQT Public Fund Sells 12.2% of Shares in BHG
- BLV FP : Believe Jumps in Paris After Betaville ‘Uncooked Alert’
- CARLB DC : Carlsberg Unit Nationalization Discussed in Russia: Vedomosti
- CLN SW : Clariant to Shut Romanian Bioethanol Plant, Downsize in Germany
- DGE LN : Diageo Seeks to Offload Some of Its Beer Portfolio: Axios
- EQT SS : EQT Public Fund Sells 12.2% of Shares in BHG
- ERICB SS : Ericsson Beats Nokia to $14 Billion AT&T Network Build Deal
- EVT GY : Evotec Partner Jingxin Gets Approval for EVT201 in China
- FRE GY : Fresenius to Retain Government Aid, Won’t Pay Dividend for 2023
- FRE GY : Fresenius to Access Up to €300M in Govt Funds Over Energy Costs
- HAG GY : Hensoldt in Pact to Buy ESG for EV EU675m Plus Earn-Out
- BAER SW : Julius Baer’s Racheter Sees US Mega Caps Outperforming in 2024
- LDO IM : Leonardo Won’t Participate in Hensoldt’s Capital Increase
- LHA GY : Brussels Airlines Averts Strike Disruption With Pilot Deal: VRT
- MAIRE IM : Maire’s Nextchem Awarded US Contract by DG Fuels
- MRK GY : Merck KGaA’s Multiple Sclerosis Drug Fails Final-Stage Studies
- MRK GY : Merck KGaA’s Evobrutinib Trial Failure a Surprise: Street Wrap
- NOKIA FH : Ericsson Beats Nokia to $14 Billion AT&T Network Build Deal
- NOVN SW : Novartis Gets FDA Approval for Fabhalta for Adults With PNH
- ORP FP : Orpea Launches Second Planned Capital Increase
- PKMT AV : Pierer Mobility Sees FY Ebit Margin 5% to 7%
- PKMT AV : Pierer Mobility Sees FY Ebit Margin 5% to 7%
- PSM GY : *PROSIEBENSAT.1, DÜRR, SCHOTT PHARMA, MUTARES, KSB TO JOIN SDAX
- REDD LN : Redde Northgate 1H Adj Pretax GBP99.1M Vs. GBP83.7M Y/y
- SOP FP : Sopra Steria Gets Contracts Worth Combined £369M With NS&I
- GLE FP : SocGen to Debut Trading of Its Own Stablecoin: FT
- STERRV FH : Stora Enso CEO Says Company Has to Improve Its Margins: DI
- TEG LN : Ten Entertainment to Recommend £300m Trive Capital Bid: Sky
- TSLA US : Tesla’s Global EV Share Sank to 13% in October: Morgan Stanley
- TIT IM : KKR to Seek Delay for Bid on Telecom Italia Subsea Cable Unit
- TPOU LN : Third Point Investors Returned 5% on NAV Basis in November
- TUI1 GY : TUI Sees 2024 Underlying Ebit at Least +25%
- UCG IM : UniCredit Seeks Chair Candidate by Early January: Reuters
- VALOE FH : Finland’s Valoe Seeks Debt Restructuring to Avoid Insolvency
- DG FP : Commission Picks Alcochete as Best Option for New Lisbon Airport
- VOW GY : VW Says Audit of Xinjiang Plant Found No Signs of Forced Labor
- VOW GY : VW Says Audit of Xinjiang Plant Found No Signs of Forced Labor
- WEIR LN : Weir Group Targets 2026 Operating Margin of 20%
- YAR NO : Yara to Invest $18 Million in Brazil Fertilizer Research Project