The global equity rally took a breather in Asia Tuesday as investors mulled stimulus prospects and the impact of rising inflation expectations with stocks at record highs. The dollar declined.
Stocks were little changed in Japan and fell in Australia. They edged higher in China and Hong Kong. U.S. and European futures were flat. Earlier, U.S. shares rose for a sixth straight session with the S&P 500 closing at an all-time high, spurred by fresh signs the Biden administration is committed to passing a sizable aid bill to address unemployment. Treasuries edged higher.
Commodities prices pointed to renewed optimism in the global economic recovery. Brent oil extended an advance above $60 a barrel on signs the global market is tightening and demand is improving. Bitcoin jumped to a record after Tesla Inc. bought $1.5 billion of the cryptocurrency. Asian cryptocurrency shares surged. The average yield on U.S. junk bonds dropped below 4% for the first time ever on Monday.
US After Hours GLUU +33.8% jumps as EA will acquire co; SLQT +12.2%, VRNS +8.1%, CHGG +4% jump on earnings; DHT -9.3%, CORT -8.3%, KFRC -7.1%, RAMP -5.5% fall on earnings
Nikkei +0.40% Hang Seng +0.34% CSI +2.09% Shanghai +1.93% Shenzen +2.40%
Eur$ 1.2080 CNH 6.4424 CNY 6.4495 JPY 104.84 GBP 1.3778 CHF 0.8961 RUB 74.0370 TRY 7.0832 WTI$ 58.50 +0.91%
S&P -0.06% Nasdaq -0.08% EuroStoxx -0.14% FTSE -0.19% Dax -0.27%SMI -0.34%
Macro :
- EU Lawmakers Want Big Tech to Pay for News, FT Says
Keep an eye on :
- AMS SW : AMS Sees 1Q Revenue $500M to $540M
- AAPL US : EU’s Vestager Says Apple Must Treat All Apps Equally: Reuters
- AZN LN : Astra’s Covid Shot Still Useful in Variant-Hit Areas, WHO Says
- AZN LN : Astra’s Covid Shot Still Useful in Variant-Hit Areas, WHO Says
- ATEA NO : Atea 4Q Revenue Beats Estimates
- ATRLJB SS : Atrium Ljungberg FY Dividend Per Share Beats Estimates
- BG AV : Bawag Plans Staggered EU460m Dividend Distribution in 2021 (1)
- BKT IM : Bankinter, Plenium Receive EU1.3B Offers for Helia: Cinco Dias
- BETSB BB : Betsson 4Q Revenue Meets Estimates
- IAG LN : British Airways Plans 2022 Test With U.S. Sustainable-Fuel Maker
- BP/ LN : BP Swaps High Returns for a Cleaner Future with Unproven Profits
- BMPS IM : Paschi Says It’s Not Planning to Issue a Subordinated Bond
- CEC GY : Ceconomy 1Q Adjusted Ebit EU346M Vs. EU289M Y/y
- CVAL IM : Credito Valtellinese to Continue Study Credit Agricole Offer
- DAE SW : Daetwyler FY Net Loss CHF346.3M Vs. Loss CHF86.6M Y/y
- EQN LN : Equiniti Draws GBP600m Takeover Interest From Siris: Sky News
- ERICB SS : Samsung Case Against Ericsson to Be Probed at U.S. Trade Agency
- ESKN LN : Esken CEO Brady to Quit to Become Swissport CEO: Sky
- EVT GY : Evotec, Related Sciences in Drug Discovery Partnership
- FOXT LN : FOXT LN (Speculation of interest by Alchemy Partners and Catalist Partners)
- HEI GY : HeidelbergCement Plans to Sell Five Assets, CEO Tells Reuters
- HOFI SS : Hoist Finance 4Q Operating Income Beats Estimates
- IPN FP : Ipsen Says New Trial Data Show Superior Results for Cabometyx
- LSS FP : Lectra Plans to Buy Gerber Technology for About EU300 Million
- LTAB SS : Lindab 4Q Operating Profit Beats Estimates
- LONN SW :
- LOTB BB : Lotus Bakeries FY Revenue Beats Estimates
- MLP GY : MLP Buys 100% of RVM for Mid-Double-Digit Million Amount
- NENTB SS : NENT 4Q Sales Miss Estimates; Sees Viaplay Price Adjustments
- OSR GY : Osram Seeking New Best Owner For One of Firm’s Digital Segments
- QIA GY : Quidel Is Said to Mull Deal With $12 Billion Testing Firm Qiagen
- RAND NA : Randstad 4Q Gross Margin Beats Estimates
- ROG SW : Roche Files for FDA Emergency Authorization for Virus Test
- SAGAA SS : Sagax 4Q Income From Property Management SEK594M Vs. SEK518M Y/y
- SAN FP : Sanofi Says New Indication for Plavix Approved in EU
- SBMO NA : SBM Offshore Prices $850 Mln Senior Sec Notes Transaction
- SCR FP : Scor Says January Renewals Grow 15.9%
- SEV FP : Suez Contests Validity of Veolia Offer Filing (Feb. 8)
- TMV GY : TeamViewer Sees 2021 Revenue EU525M to EU540M
- FP FP : *Total SE: Share Capital Decrease by Way of Treasury Shares Cancellation
- TRYG DC : Tryg Has Gotten Many Approaches for Codan Denmark Unit: Borsen
- TUI! GY : TUI 1Q Sales Slump as Tour Operator Continues to Bet on Summer
- VIE FP : Veolia Says Suez Offer Validly Filed This Morning With AMF
- VIE FP : Suez Contests Validity of Veolia Offer Filing (Feb. 8)
- VIV FP : TikTok Expands Pact With Vivendi’s Universal Music Group
- VOE AV : Voestalpine FY Ebitda Forecast Beats Estimates