Asian stocks were mixed Tuesday and Treasuries weakened as traders weighed a jump in crude oil prices following the collapse of a deal among OPEC+ leaders to boost output next month. A gauge of the dollar dipped.
Japanese stocks made modest gains while those in Hong Kong and China slipped. Lingering concerns about China’s cybersecurity crackdown are shadowing the nation’s stock market. One of the most high-profile probes is into ride-hailing giant Didi Global Inc., which only just listed in the U.S. European and S&P 500 equity futures fluctuated and Nasdaq 100 contracts fell.
OPEC+ was plunged into crisis as a worsening fight between Saudi Arabia and the United Arab Emirates blocked an oil-supply increase. The breakdown of talks has sent crude climbing toward $80 a barrel. But it also raises the risk of a price war if the conflict escalates.
Australian bond yields rose as the central bank announced a slower pace of asset purchases, though the statement reiterated that interest rates are unlikely to rise before 2024. New Zealand’s currency outperformed major peers on speculation that an interest-rate hike could come this year.
Nikkei +0.29% Hang Seng -0.34% CSI -0.45% Shanghai -0.48% Shenzen -0.72%
Eur$ 1.1879 CNH 6.46398 CNY 6.4626 JPY 110.81 GBP 1.3884 CHF 0.92080 RUB 73.3461 TRY 8.6645 WTI$ 76.66 +2% Gold 1,802.5 +0.60% BTC 34,800 +1140 ETH 2,320 +105
S&P -0.03% Nasdaq -0,17% Eurostoxx -0.10% FTSE -0.16% Dax -0.10% SMI -0.05%
Macro :
- OPEC+ in Crisis as Specter of Harmful Infighting Looms Again (1)
- Biden Officials Urge OPEC Members to Find Compromise Solution
- Biden Officials Urge OPEC Members to Find Compromise Solution
- U.K. Government Says Social Distancing Rules to Go on July 19
Spacs :
- Spotify Rival’s Nasdaq Listing May Herald Mideast SPAC Boom
- Temasek’s Vertex Said to Mull Singapore’s First SPAC Listing
- New Amsterdam Invest Raises EU49.1M In Amsterdam SPAC Listing
Keep an eye on :
Keep an eye on :
- AKSO NO :
- ALO FP : Alstom Flags Cash Drain From Lingering Bombardier ‘Skeletons’
- BARN SW : Barry Callebaut Names Jo Thys as President for APAC Region
- CO FP : Casino Partners With Google Cloud for Digital Shopping Tools
- CRAYN NO : Crayon Group Signs Binding Agreement to Buy Rhipe
- EDF FP : EDF Reform Backers Are Scaling Back Efforts: Reuters
- RF FP : European Infrastructure Investor Antin Is Said to Consider IPO
- EKT SM : Spanish Regulator CNMV Authorizes Masmovil’s Bid for Euskaltel
- KKR US : KKR Raises $2.2 Billion Fund for Real Estate Deals Across Europe
- KKR US : KKR Steps Up Pursuit of U.K. Companies Amid Buyout Frenzy: FT
- KN FP : Lars Windhorst Under Probe by Berlin Criminal Prosecutors: FT
- PMAG AV : Pierer Mobility 1H Motorcycle Unit Sales Climb 95% to 176,045
- RIB GY : Schneider Electric Investment Requests RIB Software Squeeze-Out
- SANT GY : S&T Registers Strong 2Q Order Intake; Confirms 2021 Guidance
- SAE GY : Shop Apotheke Prelim 2Q Revenue EU250M
- S30 FP : Solutions 30: Rothschild to Help Boost Shareholder Structure
- SGO FP : Saint-Gobain Divests Distribution Businesses in Spain
- DIM FP : Sartorius Stedim Biotech Boosts FY Rev. Ex-FX View
- SICT IM : Circular Bidco Raises Offer for Sicit to EU16.80 per Share
- SPI LN : Toscafund to Vote Against Ramsay’s Improved Bid for Spire
- TIT IM : Telecom Italia Management Changes Include New Revenue Chief
- WBT US : Italy’s Ali Group Is Said to Plan Sweetened Offer for Welbilt
- VOW GY : VW Hands Control of Bugatti to Croatian EV Maker and Porsche
- MRW LN : Wm Morrison Suitors May Need to Offer at Least 270p, Avalon Says