Asian stocks headed higher after rallies in U.S. indexes on positive economic data, and commodities extended their advance. The dollarheld losses.
Hong Kong and South Korea led modest gains across the region that lifted MSCI Inc.’s gauge. U.S. contracts climbed after renewed gains in U.S. benchmarks overnight, which included a fresh record for the Dow Jones Industrial Average. Copper soared to an all-time high on expectations that rebounding economies will spur a boom in global demand.
China’s latest trade data showed exports rose well ahead of expectations and imports saw the fastest growth since 2011. Traders shrugged off newsovernight that the Biden administration is likely to preserve limits on U.S. investments in certain Chinese companies.
U.S. economic reports helped sentiment, as applications for state unemployment insurance fell to a fresh pandemic low, and separate data showed a rebound in productivity. Traders now turn to Friday’s payrolls numbers. Treasuries were steady with yields well below recent highs.
US After Hours ROKU +8.7%, PTON +6.3%, DDOG +5.5%; lower: STMP -9.2%, SHAK -8.8%, BYND -6.5%
Nikkei +0.15% HangSeng +0.34% CSI -0.06% Shanghai +0.25% Shenzen -0.37%
Eur$ 1.2069 CNH 6.4547 CNY 6.4594 JPY 109.09 GBP 1.3910 CHF 0.9072 RUB 74.2350 TRY 8.2870 WTI$ 65.12 +0.63% Gold 1,821 +0.33% BTC 55,500 -1,200
S&P +0.10% Nasdaq +0.26% EuroStoxx +0.73% FTSE +0.58% Dax +0.79% SMI +0.60%
Macro :
- Germany Will Use AstraZeneca Covid Shot for All Age Groups
Macro :
- Germany Will Use AstraZeneca Covid Shot for All Age Groups
- Goldman Offers New Bitcoin Derivatives to Wall Street Investors
- France Delayed EU’s Pfizer-BioNTech Booster Shot Deal: Welt
- Germany Reaches CO2-Free Fuel Deal With Aviation Industry: Welt
- Third Point’s Flagship Offshore Fund Returned 1.7% in April
Spacs :
- SoftBank-Backed Alto Said in Talks to Merge With Gores SPAC
- City of London Firms Back U.K.’s Plan to Rewrite Listing Rules
Keep an eye on :
Keep an eye on :
- ANA SM : Acciona 1Q Ebitda EU362M Vs. EU325M Y/y
- ADS GY : Adidas Upgrades 2021 Sales Forecast
- AMS SM : Amadeus 1Q Ebitda Misses Estimates
- APAM NA : Aperam 1Q Adjusted Ebitda Beats Estimates
- ASAI SS : Artificial Solutions International Offers SEK100 m Shares, Priced @ SEK8.5/share
- BA/ LN : BAE Gets Shareholder Backing For Controversial CEO Pay Award
- BAMI IM : Banco BPM 1Q Net Income Beats Estimates
- BEWIMW NO : BEWi Offering by Co. and Holders Prices at NOK28.30/Share
- BMW GY : BMW CEO Sees Semiconductor Investment Wave Easing Supply Crunch
- BMW GY : BMW Sees FY Automotive Ebit Margin Upper End of 6%-8%
- CO FP : Casino CFO Says GreenYellow Unit IPO Is An Option
- CINE LN : Cineworld Faces Shareholder Rebellion Over GBP65m Bonus: FT
- COFB BB : Cofinimmo Buys 24 Nursing Homes in Italy & Spain for ~EU340m
- COR FP : Corticeira Amorim 1Q Net Income EU16.0M Vs. EU19.9M Y/y
- ACA FP : Credit Agricole Profit Rises on Low Provisions, Strong Trading
- EDF FP : EDF CEO Sees No Sign of Quick EU Nod on French State Aid (2)
- ENEL IM : Enel 1Q Adjusted Net Meets Estimates
- ENX FP : Euronext Apr. Total Cash Market Transaction Value M/M -25.6%
- ENX FP : Euronext Apr. Total Cash Market Transaction Value M/M -25.6%
- EUCAR FP : Europcar 1Q Adjusted Ebitda Loss EU44.4M
- FER SM : Ferrovial 1Q Net Loss EU86m, Est. Loss EU75.6m
- GBLB BB : GBL 1Q Cash Profit EU111M Vs. EU161M Y/y
- IAG LN : *IAG 1Q ADJ. OPER LOSS EU1.14B, EST. LOSS EU1.13B
- JLG LN : UK infrastructure investor gives KKR, the US buyout group until June to make an offer - FT
- LI FP : Klepierre Trims 2021 Forecast on Longer Lockdowns
- LDO IM : Leonardo Says DRS IPO Could Be Revisited
- LSE LN : City of London Firms Back U.K.’s Plan to Rewrite Listing Rules
- NFLSK DC : Nilfisk Prelim 1Q Revenue Beats Estimates
- NHH SM : NH Hotel Seeks to Sell Flagship Eurobuilding: El Confidencial
- OR FP : L’Oreal Gets Trade-Secret Theft Claim Tossed on Appeal
- KN FP : Natixis 1Q Revenue Meets Estimates
- KN FP : BPCE Aims to Launch Tender Offer for Natixis Stake Early June
- PSM GY : ProSieben Suspends Plan to Sell Flaconi, Reuters Reports
- PUB FP : Publicis Health Sued by Massachusetts Over OxyContin Marketing
- RBI AV : Raiffeisen 1Q Net Income Beats Estimates
- RSA LN : RSA 1Q Gross Written Premiums GBP2.05B
- RUI FP : Rubis 1Q Revenue -24%
- SCST SS : Scandi Standard 1Q Operating Profit SEK88M Vs. SEK75M Y/y
- SIE GY : Siemens Raises FY 2021 Net Income Forecast to EU5.7B-EU6.2B
- SOON SW : Sonova to Buy Sennheiser Consumer Division for EU200M
- STLA IM : Stellantis Latam Sees Recovery of Peugeot, Citroen in 24 Months
- TIT IM : Italy Said to Abandon Telecom Italia Single Network Plan (2)
- RIN FP : Vilmorin Boosts FY Like-for-like Sales Forecast
- VOW3 GY : VW Latam Sees Autoparts Crisis Stabilizing in 2H21