The global equity rally paused Tuesday after a strong start to the week Monday, with the notable exception of further gains in China. The dollar pared losses.
The Shanghai Composite climbed for a sixth day, bringing this month’s gain to around 13%. Stocks retreated in Japan and South Korea, and fluctuated in Australia and Hong Kong. S&P 500 futures slipped after the benchmark closed higher for a fifth session, with tech gains pushing the Nasdaq Composite to a record high. The dollar remained close to its lowest since early June, while Treasuries were little changed. The offshore yuan strengthened briefly through the 7 per dollar level for the first time since March before paring gains.
US after Hours Quiet after hours; QDEL -1.1% ticks lower despite upside guidance; PCRX -2.3% down after hours, CLLS -15.7% OTIC +19.5% GLDD +10.2%
Nikkei -0.61% Hang Seng -0.52% CSI +2.10% Shanghai +1.63% shenzen +3.10%
Eur$ 1.1310 CNH 7.0142 CNY 7.0158 JPY 107.40 GBP 1.2503 CHF 0.9427 RUB 71.6749 WTI$40.50 -0.32%
S&P -0.45% Nasdaq -0.13% EuroStoxx -0.65% FTSE -0.32% Dax -0.58% SMI -0.34%
Macro :
- Italy Bets on Public Spending to Grow Out of Its Crippling Debt
- French Economy Rebounding Faster Than Expected From Lockdown
- Hedge Fund Sloane Robinson to Shut After More Than Two Decades
- Falling VIX Can Unlock Higher Levels for S&P 500, Evercore Says
Keep an eye on :
- 2CUREX SS : 2cureX Seeks to Raise ~SEK30m-40m in Directed Issue of Units, 2cureX Sells Shares, Warrants to Raise SEK40m
- AGN NA : Aegon Fined EU0.5m by Dutch Regulator for Pension Product UBP
- AI FP : Air Liquide, Port of Rotterdam to Partner on Hydrogen Trucks
- EN FP : Bouygues Construction Unit Chosen In GBP240M U.K. Program
- IAG LN : Union Reaches Outline Deal With British Airways on Job Cuts: Sky
- BYTEDANCE IPO : TikTok’s Pulling Out of Hong Kong After Chinese Law Controversy
- CCL US : Carnival Delays Launch of Ship with Roller Coaster to Feb. 2021
- ALCLS FP : Cellectis Falls After Study Halted Following Patient Death (1)
- CLNX SM : Cellnex Is Said to Consider Over 3 Billion-Euro Capital Increase
- CGG FP : CGG: Sercel Buys 34% Stake In Industrial Robots Startup AMBPR
- CBK GY : Commerzbank to Close More Than Half of German Branches: BZ
- CRDA LN : Croda Purchase of Avanti Could Be Accretive Over Time, Citi Says
- CC1 GY : ADO Properties Takes Control of Consus Real Estate
- DFV GY : DFV Deutsche Familienversicherung to Offer Up to 1.33m Shrs
- ERICB SS : Ericsson to Benefit as U.K. Mulls Stricter Ban on Huawei: React
- FAA GY : Fabasoft Holder to Offer Shares
- GAM SW : GAM Sales Chief Tim Rainsford to Depart: FT
- HAFNIA NO : Hafnia Proposal to Buy Ardmore Rejected; No Talks Ongoing (1)
- HEI GY : HeidelbergCement Revaluation Leads to EU3.4B Depreciation
- IVA FP : Inventiva Starts Roadshow for Global Offering of 8.6m Shares
- LOOMIS SS : Loomis Restructures Norway FX Business, Returning Its License
- MOLN SW : Molecular Partners to Offer 5.5m Shrs
- NOKIA FH : Nokia Stands to Gain Share as U.K. Tightens Huawei Ban: React
- NOVN SW : Novartis Gets EC Approval for Enerzair Breezhaler in the EU
- ORSTED DC : Gulf Energy Acquires 465-MW Wind Farm Project in Germany
- SW FP : Sodexo Sees Full Year Revenue -13.7%
- TLX GY : Talanx Holder Meiji Yasuda Life Insurance to Offer 3.79m Shrs @ 33.10/share
- VMUK LN : Systematica Investments Takes 0.50% Short in Virgin Money UK
- VLTSA FP : Ikea France, Voltalia to Propose Roof-Top Solar Offer in France
- VSLR US : Sunrun to Buy Vivint Solar for an Enterprise Value of $3.2B
- WDI GY : Munich Prosecutors Arrest Another Manager in Wirecard Probe (1)