Asian equities advanced Thursday after stocks and bonds rose on Wall Street in a week marred by tariffs, lackluster tech earnings and uneven US economic data. The yen strengthened to the highest level since early December. A gauge of Asian equities rose for a third day to the highest level since Dec. 18. US equity futures were steady after the S&P 500 and Nasdaq 100 both notched a second day of gains on Wednesday. Shares gained in Hong Kong and mainland China, reversing Wednesday’s losses. Treasuries were steady after a sharp rally overnight. A gauge of dollar strength was little changed after two days of decline. Thursday’s relatively stable trades contrast with the volatility in the market since Monday after President Donald Trump decided to impose and then defer tariffs on Canada and Mexico. The US went ahead with a 10% tariff on all imports from China, which immediately retaliated by with some levies on US. The yen trimmed some of its gains against the dollar. Bank of Japan’s most hawkish board member Naoki Tamura said interest rates could touch 1% in the second half of the fiscal year 2025. The Japanese currency also faces fresh demand from hedge funds amid volatile trading in currency markets. Treasuries were steady in Asian trading after rallying across the curve Wednesday. The US 10-year yield dropped nine basis points to 4.42% during the session while the policy-sensitive two-year yield declined three basis points to 4.18% — both the lowest since the middle of December. Meanwhile, Treasury Secretary Scott Bessent said the Trump administration’s focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve’s benchmark short-term interest rate. Elsewhere in Asia, Vietnam’s inflation quickened at its fastest pace in six months and Singapore said it will announce stock market measures soon. In Europe, the Bank of England is expected to reduce interest rates by 25 basis points to 4.5%. In commodities, gold rose for the sixth day, the longest streak since April amid concerns over tightness in the market. US After Hours FORM -24.8%, PI -24.6%, SWKS -22.6%, ARM -7.1%, F -5.3%, QCOM -4.5% lower on earnings; APPS +25.2%, AMSC +14.8%, TTMI +13%, COHR +12.5%, UTI +7.3% higher on earnings.
Nikkei +0.61% Hang Seng +0.97% CSI +1.17% Shanghai +1.14% Shenzen +2.11%
Eur$ 1.0390 CNH 7.2888 CNY 7.2851 JPY 152.46 GBP 1.2484 CHF 0.9030 RUB 97.7550 TRY 35.9277 WTI$ 71.34 +0.44% Gold 2,870 +0.10% BTC 97,810 +0.90% ETH 2,828 +1.44%
S&P +0.21% Nasdaq +0.24% EuroStoxx +0.47% FTSE +0.65% Dax +0.50% SMI +0.40%
Macro :
- Prince Rahim Al-Hussaini appointed as the new Aga Khan
- US Readies Plan to Boost Air-Traffic Control Staff After Crash
- Jim Chanos Says Biggest Risk for Markets Is DeepSeek-Like Event
- Big Oil’s Wave of Buyouts Sets Up Next Leg of Energy IPO Rebound
Keep an eye on :
Keep an eye on :
- AAL LN : Anglo American 4Q Diamond Production Beats Estimates
- MT NA : ArcelorMittal 4Q Ebitda Beats Estimates
- ARM US : ARM Holdings Sees 4Q Revenue $1.18B to $1.28B, Est. $1.23B
- ATEA NO : Atea 4Q Ebitda Misses Estimates
- NDA GY : Aurubis 1Q Pretax Operating Profit Misses Estimates
- AYV FP : Ayvens: Solid Q4 & FY 2024 Results - Delivering on the roadmap*
- BETSB SS : Betsson 4Q Revenue Beats Estimates
- BOL SS : Boliden 4Q Revenue Beats Estimates
- CARLB DC : Carlsberg FY Sales Meet Estimates, Carlsberg Sees 2025 Organic Oper Profit +1% to +5%, Est. +3.02%
- COOR SS : Coor 4Q Net Sales Miss Estimates
- DAE SW : Daetwyler FY Net Revenue Misses Estimates
- DNO NO : DNO 4Q Ebitda Misses Estimates
- EMEIS FP : Emeis SA FY Revenue Meets Estimates
- ENI IM : Apollo, Ares Could Bid for Stake in Eni Plenitude: Corriere
- EOAN GY : Hungary’s MVM Sees Romania Approving E.ON Unit Deal: Portfolio
- EQNR NO : UK government signals support for Rosebank oilfield
- FBK IM : FinecoBank FY Dividend per Share Beats Estimates
- FSKRS FH : Fiskars 4Q Comparable Ebit Beats Estimates
- GN DC : GN Store Nord Sees 2025 Ebita Margin 12% to 14%
- HNR1 GY : Hannover Re Maintains 2025 Net Income Forecast
- HNSA SS : Hansa Biopharma 4Q Net Loss SEK276.4M, Est. Loss SEK250.8M
- HOLX US : Hologic Cuts FY Revenue Forecast, Misses Estimates
- IBAB BB : IBA Signs Contract With AIG in Hyderabad
- INGA NA : ING 4Q Net Income Misses Estimates, ING Misses Estimates as Lending Income Declines, Costs Rise
- LEON SW : Leonteq FY Operating Income Misses Estimates, Names New CEO
- LIN US : Linde’s Sales Growth to Slow on Tough Demand: Preview
- LOTB BB : Lotus Bakeries FY Revenue Matches Estimates
- LSEG LN : UK T+1 Group Publishes Implementation Plan for 2027 Transition
- MNG LN : M&G Buys 70% Stake in Private Credit Firm P Capital Partners: FT
- MAERSKB DC : Maersk to Start Share Buyback Program Worth Up to $2 Billion
- B4B GY : Metro AG 1Q Sales EU8.57B Vs. EU8.12B Y/y, Metro AG Maintains FY Sales Forecast
- B4B GY : Kretinsky’s EP Global Seeks to Take Metro Private for EU5.33/Shr
- MSTR US : MicroStrategy 4Q Number of Bitcoins Held Beats Estimates
- MIPS SS : Mips 4Q Net Sales Meet Estimates
- MC US : Moelis & Co 4Q Adjusted EPS Beats Estimates Moelis & Co Class A Raises Quarterly Dividend 8.3% to 65c/Shr
- BMPS IM : Monte Paschi 4Q Net Income Beats Estimates
- MTGB SS : MTG 4Q Net Sales Beat Estimates
- 7731 JP : Nikon Cuts FY Operating Income Forecast, Misses Estimates
- 7267 JP : Nissan Searching for New Partner With Honda Deal Set to Collapse, Nissan CEO Tells Honda Counterpart He Wants to Scrap Merger Talks, Source Says
- ODHN SW : ***Orascom DH: la famille Sawiris détient 87,6% après l'offre d'acquisition
- ORDTED DC : Orsted Sees 2026 Ebitda Excluding Items DKK29B to DKK33B, Orsted Slashes 2030 Investment Program by a Quarter
- PNDXB SS : Pandox 4Q Ebitda Meets Estimates
- RI FP : Pernod Ricard 2Q Organic Sales Miss Estimates, Pernod Ricard Cuts FY Organic Net Sales Guidance on Spirits
- QIA GY : Qiagen 4Q Adjusted EPS Misses Estimates
- RECSI NO : REC Silicon 4Q Ebitda Loss $5.3M
- SCST SS : Scandi Standard 4Q Net Sales Meet Estimates, Scandi Standard 4Q Operating Income Beats Estimates
- SHL GY : Siemens Healthineers 1Q Adjusted Ebit Beats Estimates
- SRC LN : SigmaRoc Holder CRH UK Offers About 171.6m Shares: Terms
- GLE FP : SocGen 4Q Net Income Beats Estimates SocGen Announces €1.7 billion Investor Payout as Profit Beats
- 9984 JP : SoftBank Is Said to Near Deal for Chip Designer Ampere
- SOI FP : Soitec Sees FY Ebitda Margin 32% to 34%, Saw About 35%
- SONO US : Sonos Cuts 12% of Workers in Bid to Improve Product Organization
- TLGO SM : Sidenor to Improve Talgo Offer to €4.8/Shr: Confidencial
- TEL NO : Telenor 4Q Ebitda Margin Misses Estimates
- TEMN SW : Temenos to Sell Multifonds Ops to Montagu
- TSLA US : Musk Says X Revenue Should Improve Rapidly This Year
- VKTX US : Viking Therapeutics 4Q Revenue Matches Estimates
- VOLCARB SS : Volvo Car 4Q Revenue Beats Estimates, Volvo Car 4Q Operating Income Misses Estimates
- WOSG LN : Watches of Switzerland Sees Earnings in Line With Expectations
- WSU GY : Washtec Prelim 4Q Ebit EU18M