Most Asian shares declined Monday as traders assessed a mixed US jobs report for clues on the Federal Reserve’s next decision. The intensifying Ukraine-Russia conflict also weighed on sentiment. Equity gauges fell in mainland China, South Korea and Australia. Chinese pharmaceutical stocks were among the worst performers in the nation on reports of a widening anti-bribery campaign in the health sector. US equity futures gained in Asian trading after the S&P 500 ended 0.5% lower Friday as Apple Inc. dropped almost 5% after its outlook sparked worries over tepid demand. By contrast, Amazon.com Inc. climbed over 8% on a bullish revenue forecast. Oil was steady after Ukraine attacked another Russian vessel over the weekend, a signal of a rapidly expanding war that puts at risk significant flows of Russia’s commodities from the Black Sea. Wheat also extended its advance. Treasury yields advanced in Asian trading hours, reversing some of Friday’s declines when the interest-rate sensitive two-year yields and the 10 year fell more than 10 basis points after US payrolls came in below estimates. But, the data also showed wages topping forecasts and lower unemployment. Friday’s decline wrapped up a week when long duration Treasuries were sold off on concern of expanded US debt issuances. The 10-year yield still ended the week eight basis points higher. A scenario of a continued rise in the 10-year yields, especially with the release of US CPI data this week, may present a near-term headwind for Asian stocks, according strategists at Nomura Holdings Inc. The greenback weakened against some of its Group-of-10 counterparts after the US currency slid Friday amid a debate among Fed officials on whether additional interest-rate hikes are needed.
Nikkei +0,01% Hang Seng -0,26% CSI -0,97% Shanghai -0,81% Shenzen -0,80%
Eur$ &,0994 CNH 7,2022 CNY 7,1918 JPY 142,22 GBP 1,2736 CHF 0,8750 RUB 95,6142 TRY 26,9641 WTI$ 82,76 Gold 1,938 BTC 20,117 ETH 1,836
S&P +0,24% Nasdaq +0,35% EuroStoxx -0,30% FTSE -0,35% Dax -0,39% SMI +0,09%
Macro :
- Greece Raised to Investment Grade by Scope Ratings
- Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
- Dan Loeb Surrendered but Meme Army Still Hits Bears for Millions
- Iron Ore Risks ‘Demand Shock’ If China Cuts Steel, Goldman Says
Keep an eye on :
Keep an eye on :
- AAPL US : Senior Apple Car Executive Is Sued by SEC Over SPAC Dealings
- NDA GY : Aurubis 9M Pretax Operating Profit EU406M
- BAVA DC : Bavarian Nordic: Chikungunya Jab Candidate Met Primary Endpoints
- BTG GY : Bertelsmann Investments to Plough $700m Into China Startups: FT
- BDT GY : Bertrandt 3Q Ebit EU8.69M Vs. EU5M Y/y
- CA FP : Advent Sells Carrefour Brasil in Block Trade: Brazil Journal
- CSGN SW : Credit Suisse to Cut ~80% of Hong Kong-Based IB Staff: Reuters
- ENEL IM : Exclusive: At Enel, sale of Coelce stalls due to discussions on payment of the asset
- ENEL IM : Exclusive: At Enel, sale of Coelce stalls due to discussions on payment of the asset
- EQT SS : Billionaire Struengmanns Said to Near Deal for EQT’s Schuelke
- HIK LN : Axsome Says Hikma Submits ANDA to FDA for Generic Sunosi
- IRRAS SS : IR Holding Bidco Extends Acceptance Period for Irras Cash Offer
- NWG LN : NatWest Begins to Sound Out Successors for Departed CEO, FT Says
- OHB GY : KKR Said to Seek Take-Private of Space Tech Firm OHB With Family, KKR to Offer €44/Share Cash for Stake in Space Tech Firm Ohb
- PNL NA : PostNL Boosts FY Normalized Ebit Forecast, Beats Estimates
- G24 GY : Scout24 SE Boosts FY Revenue Forecast
- ENR GY : Siemens Energy Sees FY Net Loss ~€4.5b on Higher Turbine Costs
- SIKA SW : Sika to Buy Peruvian Mortar Maker Chema, No Terms Disclosed
- STLAM IM : Stellantis Plans Sub-€25,000 Panda EV to Take on Renault, BYD
- UBSG SW : UBS Plans to Reshuffle Tech, Media, Telecom Team: Reuters