Asian shares followed U.S. equities lower Friday on anxiety that the spread of Covid-19 variants could hamper the global economic recovery. Treasury yields and the dollar ticked up.
MSCI Inc.’s Asia-Pacific stock gauge slid to the lowest since mid-May but came off the day’s low. Economically sensitive sectors such as industrials led the index lower, with equities from Japan to Australia retreating. A Hong Kong gauge of Chinese stocks rebounded after flirting with a bear market amid Beijing’s tech sector clampdown. U.S. futures fluctuated after the S&P 500 and Nasdaq 100 dipped from records.
Treasuries slipped, though the 10-year yield remains on course for one of its biggest weekly slides since June last year. At one point in U.S. hours the 30-year yield broke below 1.90% for the first time since February.
Oil headed for its largest weekly loss since April. Bitcoin is again in the lower part of a trading range, emblematic of a reduced ardor for speculative investments like cryptocurrencies and meme stocks.
US After Hours PSMT +3.5% and LEVI +2.5% higher on earnings; PFE and BNTX reportedly developing COVID-19 booster shot
Nikkei -0.64% Hang Seng +1.03% CSI -0.54% Shanghai -0.32% Shenzen -0.36%
Eur$ 1.1834 CNH 6.4895 CNY 6.4852 JPY 110.01 GBP 1.3781 CHF 0.9158 RUB 74.5906 TRY 8.6896 WTI$ 73.21 +0.37% Gold 1,803.10 +0.02% BTC 33,100 +200 ETH 2150 -20
S&P -0.14% Nasdaq -0.10% EuroStoxx +0.24% FTSE +0.21% Dax +0.27% SMI +0.22%
Macro :
Macro :
- U.S. to Add China Entities to Blacklist Over Xinjiang: Reuters
- China June Consumer Prices +1.1% Y/y; Est. +1.2%
- CDC, FDA Say Fully Vaccinated Don’t Need Booster at This Time
Spacs :
- Volvo-Backed Polestar Said in Gores Guggenheim SPAC Merger Talks
- DMY Tech SPAC Gets a Third Buy on IonQ’s Industry Leadership
Keep an eye on :
Keep an eye on :
- AIR FP : Airbus Delivered 77 Jets in June
- AIR FP : Airbus Deliveries Accelerate to Surpass 2020’s First-Half Total
- ALO FP : Alstom Wins EU132m Metro Order From Paris Administration
- CASTSS : Castellum Divests Property Portfolio to Nyfosa for SEK2.1b
- CEC GY : Ceconomy Uncertain Convergenta Deal Can Be Closed in FY 2020/21
- FABG SS : Fabege 1H Rental Income SEK1.42B Vs. SEK1.41B Y/y
- MMT FP : RTL Group, Bouygues See M6-TF1 Merger Closing by End 2022
- MMT FP : RTL Group, Bouygues See M6-TF1 Merger Closing by End 2022
- KAHOT NO : SoftBank Raises Kahoot Stake Again to 17.4% From 16.62%
- KER FP : Kering to Buy Danish Luxury Eyewear Brand Lindberg; No Terms
- KLED SS : Kungsleden Adds Diversity Goals to Terms of New SEK2.9b Loan
- MRN FP : Mersen Raises FY Organic Sales Growth, Margin Views
- NEXI IM : Nexi May Consider Buying Eurobank’s Merchant Acquiring Book: MF
- NYF SS : Castellum Divests Property Portfolio to Nyfosa for SEK2.1b
- OttoBock IPO : Ottobock Plans IPO for 2022 at Valuation of at Least EU5B: Rtrs
- RDSA NA : Shell Sells Another Oil Refinery Amid Global Refocus
- RDSA NA : Shell Sells Another Oil Refinery Amid Global Refocus
- STLA IM : Stellantis Quashes Hot Streak for Carmakers Plotting EV Splurges
- SYAB GY : Synlab AG Boosts FY ‘21 Guidance, Sees Revenue EU3.2b to EU3.3b
- TKA GY : Thyssenkrupp Objects to U.S. Consumer Agency’s Demand for Recall
- TRYG DC : Tryg Maintains FY Technical Result DKK3.5B to DKK3.8B
- VITR SS : EQT Sells IVF Specialist Igenomix to Vitrolife for $1.5 Billion
- VITR SS : Vitrolife Sells Shares to Help Finance Igenomix Acquisition
- VOLVB SS : Volvo-Backed Polestar Said in Gores Guggenheim SPAC Merger Talks
- VOLVB SS : Volvo Among Firms Facing Legal Claims of EU4b Over Cartel: DI
- VOW3 GY : Volkswagen to Discuss CEO Contract Extension on Friday: Reuters
- VOW3 GY : Battery Chain Puts Lithium’s Green Credentials Under Microscope
- WISE LN : Wise Co-Founder Hinrikus Said to Sell Shares in Direct Listing