Global stocks traded around record levels Friday after a Wall Street rally on Federal Reserve Chairman Jerome Powell’s assurance that the central bank can reinvigorate the economy without stoking painful inflation.
Concerns about price pressures were apparent in China, where data showed the fastest factory inflation since 2018. Sliding Chinese stocks weighed on an Asia-Pacific share gauge. U.S. equity futures climbed, with Nasdaq 100 contracts outperforming, after the S&P 500 notched an all-time high amid low volumes on U.S. exchanges. European equity futures fluctuated.
Powell’s assurance boosted Treasuries, with the benchmark yield around a two-week low. Treasury 20-year bonds led the broader gains after comments from New York Fed Executive Vice President Lorie Logan sparked talk of increased central-bank purchases in this maturity. The dollar held losses, putting its three-week winning streak at risk.
Oil edged up toward $60 a barrel as Saudi Arabia defended the OPEC+ plan to boost output, and said the alliance can change course if needed.
US After Hours LEVI +4.7% jumps on earnings; WDFC -7.6%, PSMT -3.9% fall on earnings; FUBO +6.2% jumps on World Cup streaming deal
Nikkei +0.52% Hang Seng -0.89% CSI -1.43% Shanghai -0.87% Shenzen -0.98%
Eur$ 1.1894 CNH 6.5646 CNY 6.5551 JPY 109.42 GBP 1.3713 CHF 0.9251 RUB 77.0525 TRY 8.1569 WTI$ 59.52 -0.12% Gold 1,750 -0.33% BTC 58,075 +338
S&P +0.02% Nasdaq -0.02% EuroStoxx +0.05% FTSE +0.18% Dax 0.07% SMI +0.14%
Macro :
- Italy’s Draghi Seeks Broader Shield From Chinese Corporate Bids
Macro :
- Italy’s Draghi Seeks Broader Shield From Chinese Corporate Bids
- Draghi: Recovery Plan Aims to Cover All Italy With Optic Fiber
- Giant VIX Options Trades Bet That Stock-Market Calm Won’t Last
Spacs :
Spacs :
- SEC Is Carefully Watching Filings From SPACs and Their Targets
- Glass House Group to Go Public in $1B Deal: Reuters
Keep an eye on :
- AMG NA : AMG Offers 3.1m Shares to Trade April 9: Terms
Keep an eye on :
- AMG NA : AMG Offers 3.1m Shares to Trade April 9: Terms
- ATL IM : Atlantia Confirms Approach by ACS for Autostrade Stake
- AVANCE NO : Avance Gas Offering of 12.9m Shares Prices at NOK43/Share
- BAB LN : Babcock International Preparing to Write Down Assets Value: FT
- CTM SS : Catena Media Prelim 1Q Revenue Beats Estimates
- COFB BB : Cofinimmo Buys 5 Belgian Health-Care Sites for EU103m in Stock
- CSGN SW : Credit Suisse Tightens Hedge Fund Limits Amid Archegos Fallout
- EMSN SW : EMS-Chemie 1Q Net Sales CHF566M
- ENX FP : Euronext March Total Cash Market Transaction Value M/M +19.3%
- GLPG NA : *GALAPAGOS EXTENDS LOCK-UP PERIOD IN GILEAD-GALAPAGOS PACT
- LDO IM : Leonardo Board Supports CEO After Verdict Reasoning Announced
- NRS NO : Norway Royal Salmon Harvested 15,400 Tons in First Quarter
- SAN FP : Sanofi Completes Kymab Purchase
- SMHN GY : Suess MicroTec Sees 2021 Sales EU270M to EU290M
- UCG IM : UniCredit CEO to Set Strategy in Fall Amid Pressure on Revenue
- VOW3 GY : Ford to Idle Three More Factories Due to Chip Shortage