Asian shares fell, tracking Monday’s declines on Wall Street, as traders grew anxious about the pace of easing by the Federal Reserve beyond this week’s near-certain interest-rate cut. MSCI Inc.’s gauge of regional shares dropped 0.4%. US stock futures were little changed after the S&P 500 shed 0.3% on Monday. Yields on US Treasuries edged higher again on Tuesday, adding to their advance amid a global bond slump in the previous session. While the Fed is broadly estimated to deliver a 25 basis-point rate cut on Wednesday, some traders have warned that the US central bank may signal a slower pace of easing ahead. That’s because still-high inflation and the lack of fresh data during the shutdown have caused divisions among Fed officials. After this week’s likely cut, money markets are leaning toward two more moves by the end of 2026, down from three signaled barely a week ago. Asian bond markets were also a key focus on Tuesday. Australia’s policy-sensitive three-year yields rose to the highest since last November as the central bank warned that risks to inflation had tilted to the upside and Governor Michele Bullock said that conditions for a rate hike in 2026 were discussed in the meeting. That’s after the Reserve Bank of Australia kept its key rate unchanged for a third straight meeting as expected. In Japan, demand at an auction of five-year debt was weaker than the 12-month average, as mounting expectations for a rate hike this month reduced investor appetite. The yen consolidated after falling Monday, when a magnitude-7.6 quake struck off Japan’s northeast coast. Shares of construction companies and insurance providers rose on Tuesday. Finance Minister Satsuki Katayama said she is closely watching market trends, as the yield on 10-year government debt hovers near 2%, a level not seen since 2006. Elsewhere, Bitcoin fell about 1.5%. Gold and silver were rangebound after they fell on Monday. Oil steadied after the biggest drop in almost three weeks, as traders look to reports this week to assess the extent of the glut. The US 10-year yield hit its highest level since September in Monday’s session, extending bond selling in Europe and Japan, and supporting the dollar. A $58 billion sale of three-year notes arrived at a lower-than-forecast yield Monday, a sign of better than anticipated demand. A $39 billion auction of 10-years and $22 billion of 30-years are set for Tuesday and Thursday, respectively. Kevin Hassett, a top candidate to take over the role of Fed chair, said it would be irresponsible for the Fed to lay out a plan for where it aims to take interest rates over the next six months. The White House National Economic Council Director emphasized the importance of following the economic data in a CNBC interview Monday. Shares of Nvidia Corp. climbed in after-hours trading after the company was granted permission by President Donald Trump to ship its H200 artificial intelligence chip to China in exchange for a 25% cut of the sales. Chinese chip stocks were mostly lower in Asia while Japanese suppliers rose. Meanwhile, Goldman Sachs Group Inc.’s clients are pulling back their bullish views on artificial intelligence and US stocks following last month’s slide, with fresh survey data showing expectations for the S&P 500 turned much more conservative heading into 2026. US After Hours MAMA +17.2% on earnings; ALEX +37.3% surging on take private deal; ARES +7% nicely higher on news it will join S&P 500; TOL -4% lower on earnings.
Nikkei +0.14% Hang Seng -1.23% CSI -0.52% Shanghai -0.38% Shenzen -0.54%
Eur$ 1.1640 CNH 7.0750 CNY 7.0715 JPY 156.08 GBP 1.3329 CHF 0.8062 RUB 76.9737 TRY 42.5744 WTI$ 58.66 -0.37% Gold 4,177 -0.32% BTC 90,020 -1.45% ETH 3,108 -1.24% SOL 132.4520 -1.55%
S&P +0.07% Nasdaq +0.05% EuroStoxx +0.12% FTSE -0.01% Dax +0.17% SMI -0.35% (close yesterday)
Macro :
- German Lawmakers to Approve Record €52 Billion in Defense Orders
- EU Says Thailand–Cambodia Clash Marks Escalation in Hostilities
- EU Says Thailand–Cambodia Clash Marks Escalation in Hostilities
- Copper Frenzy Reignited by Data Centers, Tariffs, Shortage
- Nuclear Stocks’ $566 Billion Rally Is Far From Over, Funds Say
- Goldman Clients Take More Cautious Posture After November Rout
- Trump Told Xi US Will Allow Nvidia H200 Exports to China
- Trump Threatens ‘Severe’ Tariffs on Canadian Fertilizer
- Kushner, Apollo, Billionaire Dad Power Hostile Warner Bros. Bid
- Japan Builds Up ‘Missile Archipelago’ Near Taiwan to Counter China
- Trump's AI Czar David Sacks Supports President's 'One Rulebook' For The Technology, Warns 50-State Regulatory Patchwork Could
- Cocaine widely detected in some of NI's major lakes and rivers
- Indonesia Signals Peak in Nickel Mining Investment as Focus Shifts to Batteries, EVs
Keep an eye on :
Keep an eye on :
- AMD US : AMD, Intel Will Get Same Treatment as Nvidia, Trump Says
- ASCN SW : Ascom Names David Hale as New CEO
- ASM NA : ASM Supervisory Board to Reappoint CEO Hichem M’Saad
- AZA SS : Avanza Has Technical Issues, Aftonbladet Reports
- BHP LN : BHP to Sell WAIO Power Unit Stake to Blackrock’s GIP for $2b
- BHP LN : BHP Spurs Infrastructure Selloff as Miners Adjust Spending Plans
- CAN LN : Warner Bros., Canal+ Talks on South Africa Deal Stall
- DE US : Deere Must Reduce Agriculture Equipment Prices, Trump Says
- DTE GY : OpenAI Ties Up With Deutsche Telekom for AI Services
- DIS US : Jimmy Kimmel Extends Deal With Disney’s ABC for at Least a Year
- DKSH SW : DKSH Offers to Fully Takeover, Delist Malaysian Unit
- ENR GY : Activist Ananym Capital Built Stake in Siemens Energy: FT
- EVT GY : Evotec Holder Novo Holdings Offers About 9.4M Shares, Terms Show
- GMAB DC : Genmab Says Epcoritamab Shows Promise for Richter Patients
- JST GY : JOST Werke Holder Peter Möhrle Holding Offers 1.5m Shares
- HBMN SW : Mirum Buys Bluejay From Swiss Fund HBM For Up to $820 Million
- NDX1 GY : Nordex Gets Orders Totaling 102 MW in France, Belgium
- NOVN SW : Novartis Strikes $1.7 Billion Drug Target Deal With UK Biotech
- NVDA US : Nvidia Wins Trump’s Approval to Sell H200 AI Chips in China
- OCI NA : Orascom Construction, OCI Global to Proceed With Merger
- ORSTED DC : Trump Ban on Wind Energy Projects Ruled Illegal by US Judge
- PEP US : PepsiCo to Cut Costs, Lower Food Prices in Deal With Activist Elliott -- WSJ
- RNO FP : Renault, Ford Agree to Develop Two Electric Cars in Europe
- Revolut IPO : Revolut Offers to Buy Back Ex-Staff Shares at 30% Discount: FT
- SHEL LN : Putin Allows Rosneft-Shell JV Transactions With Stake in CPC
- SKAB SS : Skanska Signs $105m Data Center Contract in Virginia
- SYDB DC : Sydbank Cuts FY Net Income Forecast
- SYDB DC : Sydbank Cuts FY Net Income Forecast
- TMPL LN : Temple Bar Investment Trust PLC: Sale of Shares From Treasury
- TKA GY : Thyssenkrupp 2026 Adjusted Ebit Forecast Misses Estimates
- UCG IM : UniCredit Starts Active Wind-Down of Russian Ops: Kommersant
- VOLVB SS : Volvo Offers Software to Rivals in Reversal From Coding Delays
- VOW GY : Billionaire Porsche Clan’s Cash Needs Collides With VW’s Woes
- WBD US : Paramount Bid for Warner May Create Antitrust Issue, Thune Says