Asian shares rose before a monthly US payrolls report forecast to show employers slowed hiring month, potentially easing pressure on the Federal Reserve to raise interest rates again. Equity benchmarks in Australia, Japan, South Korea and Hong Kong all climbed. A region-wide share gauge headed for its second daily advance, which would mark the first back-to-back gain in three weeks. The Hang Seng Index jumped as much as 2.3%, but it still set for a fifth week of losses. The nonfarm payrolls report will show employers hired 170,000 workers last month, down from 187,000 in August, a Bloomberg survey showed. Job data earlier this week provided a discordant narrative: job-openings overshot estimates, while a measure of private employment from ADP was weaker than forecast. US equity futures were little changed after the S&P 500 fell 0.1% Thursday, while the tech-heavy Nasdaq 100 slipped 0.4%, though both were well off their lows. Mainland China markets remain shut for a week-long holiday. News that a Chinese iron-ore buying agency was in talks with global miners boosted shares in BHP Group Limited and Fortescue Metals Group Ltd.
Major currencies traded in narrow ranges. The yen edged lower even as former Bank of Japan official Kazuo Momma, currently executive economist at Mizuho Research & Technologies, said the central bank would likely discuss whether to tweak forward guidance and yield curve control when they meet this month. Traders have record sums riding on the outcome of November’s Fed meeting as investors and policymakers debate the likelihood of a further rate increase this year. San Francisco Fed President Mary Daly, who doesn’t vote on the Fed’s rate-setting committee this year, said the central bank may keep rates on hold if inflation and the jobs market cool. In Asia, the Reserve Bank of India is forecast to keep interest rates unchanged in a monetary policy decision due Friday. In commodities, oil edged higher after a Thursday decline on concern slowing global growth will hit demand. Goldman Sachs Group Inc. predicts the decline will be fleeting. Gold s teadied after a run of declines, while Bitcoin traded around $27,500. US After Hours LEVI -2.7% lower on earnings; JNPR +4.5% approves restructuring plan; MGM +2.2% provides update on cyberattack.
Nikkei -0,14% Hang Seng +1,37% CSI Closed Shanghai Closed Shenzen Closed
Eur$ 1,0541 CNH 7,3124 CNY 7,2980 JPY 148,79 GBP 1,2177 CHF 0,9134 RUB 100,0562 TRY 27,7507 WTI$ 82,49 Gold 1,822 BTC 27,500 ETH 1,621
S&P -0,19% Nasdaq -0,13% EuroStoxx +0,17% FTSE +0,25% Dax +0,19% SMI +0,19%
Macro :
- Natural Gas Stocks Rise on Smaller-Than-Expected Inventory Gain
- Brevan Howard Plans $750 Million Push Into Commodities Trading
- China’s Giant Iron Ore Buyer Starts Supply Talks With Top Miners
- Citi Strategists Prefer Cyclical Tilt, Buying the Dip in Stocks
Keep an eye on :
Keep an eye on :
- CLASB SS : Clas Ohlson Sept. Sales +6%
- ACA FP : Credit Agricole to Start Share Repurchase of Up to 26.8M Shrs
- ELI BB : Belgium, Flanders Set to Invest in Grid Operator Elia: Tijd
- ENEL IM : Enel to Buy Back 4.2M Treasury Shares
- XOM US : Exxon Nears $60 Billion Deal for Shale Driller Pioneer: WSJ
- FIA1S FH : Finnair Plans EU600m Rights Issue; Announces New Targets
- HMB SS : Levi Strauss Cuts FY Net Revenue Forecast
- HLN LN : GSK Offloads Stake Worth About £900 Million in Haleon
- IMPN SW : Implenia Wins Two Contracts Totaling Over €100 Million
- MC FP : Birkenstock Follows Arm to Seek US Premium: ECM Watch
- MANU US : Qatari Group Won’t Raise £5b Manchester United Bid: Times
- MTRO LN : Metro Bank chair meets UK financial watchdogs as shares plummet
- ORA FP : Orange Seeks to Buy Risk&Co’s Cybersecurity Business: Les Echos
- REP SM : Repsol Says 3Q Refining Margin Indicator in Spain 13.5 $/Bbl
- SAN SM : Santander Mexico Hires Former Central Bank Executive Garcia
- SAN SM : Santander Mexico Hires Former Central Bank Executive Garcia
- SAN FP : Mirati Climbs on Report of Sanofi Exploring Acquisition
- SBBB SS : SBB Says It May Have to Buy Valerum Bonds After Coupon Skipped
- SKAB SS : Skanska Cancels SEK1.2b Order for Preparatory Works for Hospital
- HO FP : Thales to hire 1,000 people in Singapore over 3 years, a 50%
- TRB LN : Ellucian to Buy Tribal Group
- TNGX US : TNGX: Tango Therapeutics rises after report of Mirati takeover interest
- TSLA US : Tesla Cuts Prices of Model 3, Y in US After Quarterly Sales Miss
- TTE FP : Total Said to Weigh Selling Stake in Giant Scottish Wind Farm