Asian equities climbed after a fresh record for their U.S. counterparts, as hopes for a stimulus deal tempered concern about a surge in coronavirus cases. The dollar slipped with Treasuries.
Stocks rose across the region with the exception of Chinese shares which fluctuated after weak consumer price data. S&P 500 futures ticked up after the benchmark closed at an all-time high and European contracts pointed to gains. Treasury Secretary Steven Mnuchin presented a new $916 billion Covid-19 relief proposal to House Speaker Nancy Pelosi, who hailed progress in the negotiations though deemed parts of the plan as “unacceptable.”
Elsewhere, the offshore yuan climbed past 6.5 per dollar for the first time since 2018, while the pound gained after the U.K. dropped controversial parts of an internal bill that would have given it the power to unilaterally override the Brexit divorce treaty. Oil fluctuated. Benchmark Treasury yields edged up toward 0.94%.
US After Hours GME -13.4%, GWRE -3%, MDB -1.7% fall on earnings; RCKT +33.9% rockets on positive clinical data
Nikkei +1.33% Hang Seng +0.83% CSI -0.99% Shanghai -0.80% Shenzen -1.56%
Eur$ 1.2141 +0.21% CNH 6.5069 CNY 6.5275 JPY 104.19 GBP 1.3388 CHF 0.8875 RUB 73.27 TRY 7.8301 WTI$ 45.51 -0.20%
S&P +0.28% Nasdaq +0.10% EuroStoxx +0.54% FTSE +0.43% Dax +0.48% SMI +0.32%
Macro :
- EU Renews Push to Curb Online Terrorist Content: FT
- DoorDash Reaches $38 Billion Valuation in Above-Range IPO
- Ray Dalio Sees ‘Flood of Money’ With Soaring Asset Prices
- Gundlach Sees Inflation Above 2% Next Year After Hitting Trough
Keep an eye on :
- AMS SW : Signify Aims for Yearly Comp. Sales Growth of 0%-5% in 2021-2023 (Read Across OSRAM)
- ARBN SW : Arbonia Sees FY Ebitda CHF150M
- NDA GY : Aurubis Sees 2021 Pretax Operating Profit EU210M to EU270M
- BYW6 GY : Baywa R.E. Gets EU530m Equity Contribution in Capital Increase
- 1COV GY : Covestro Boosts FY Free Operating Cash Flow Forecast
- DBK GY : Deutsche Bank Accounting Head Steps Aside Over Wirecard Probe:FT
- EVT GY : Evotec, Sartorius Acquire Stakes in Startup Curexsys
- GFS LN : *ALLIED UNIVERSAL AND G4S REACH AGREEMENT ON £3.8B OFFER
- H24 GY : Home24 to Issue Up to ~2.64m New Shares, or 10% of Capital
- KCO GY : Kloeckner Says Apollo, Swoctem Won’t Pursue Transaction
- MTGB SS : MTG Buys Hutch Games for $275m, Acquiring Mobile Racing Titles
- NOKIA FH : Nokia Manager Exodus Grows as New CEO Starts Strategy Shift
- ROG SW : Roche’s Antibody Test to Be Used in Moderna’s Vaccine Trials
- ROTH FP : Rothschild & Co to Hire Ex-U.K. Cabinet Secretary Sedwill: FT
- SAN FP : Sanofi, Kiadis: Competition Condition for Offer Completion OK
- SENS LN : Sensyne Health Seeks to Raise Up to GBP27.5m in Share Sale
- SFSN SW : SFS Group Holder UBS to Sell 431,890 Shares in Offering: Terms
- LIGHT NA : Signify Aims for Yearly Comp. Sales Growth of 0%-5% in 2021-2023
- VOW3 GY : Honda Halts U.K. Factory Because of Parts Shortage, Nikkei Says
- VOW3 GY : VW’s Battery Bet Reveals Data Showing Tech Could Top Tesla (1)