Asian stocks pushed higher Thursday as investors continued to place faith in policy support and shrugged off simmering tensions between Washington and Beijing. The dollar steadied.
Chinese equities outperformed as the Shanghai Composite headed for an eighth day of gains. Shares in Hong Kong, Sydney and Seoul also advanced. Japanese stocks were modestly higher despite Tokyo reporting a record daily tally for coronavirus infections. Futures on the S&P 500 fluctuated after the gauge climbed to a one-month high on Wednesday, when advances in megacaps like Apple Inc. and Amazon.com Inc. sent the Nasdaq Composite to a record. Gold held above $1,800 an ounce. The offshore yuan rose above 7 per dollar to the highest since mid-March. Treasuries were steady.
US After Hours Summary: BBBY -6.2% falls on earnings miss, store closures; nice guidance from VERI +10.9%, PTC +6.7% and SAP +5.5%
Nikkei +0.62% Hang Seng +0.48% CSI +1.38% Shanghai +1.39% Shenzen +2.61%
Eur$ 1.1360 CNH 6.9899 CNY 6.9908 JPY 107.31 GBP 1.2628 CHF 0.9368 RUB 71.1221 WTI$ 40.52 -0.20%
S&P -0.20% NAsdaq -0.03% EuroStoxx +0.92% FTSE +0.62% Dax +1.20% SMI
Macro :
- U.S. Investor Bull-Bear Spread -15.5: AAII
- Citi Says U.S. Earnings Outlook Signals Unwinding Defensive Bets
Keep an eye on :
- AD NA : Ahold Delhaize May Join Bidding Process for Hema, Dagblad Says
- AIR FP : Airbus Delivers 36 Aircraft in June; No New Orders
- ATL IM : Italy’s Case in Clash with Benettons Bolstered by Court Victory
- ATL IM : Italy Highest Court Rules Against Autostrade on Genoa Bridge
- BARN SW : Barry Callebaut Nine Month Revenue +0.4% Vs. +8.20% Y/y
- BAYN GY : Australia Won’t Oppose Elanco-Bayer Deal Amid Divestment Plans
- BIM FP : BioMerieux First Half Organic Revenue +15.7%
- BMW GY : Mercedes-Benz Pulls Well Ahead of BMW in U.S. Luxury Car Sales
- BOO LN : Boohoo Initial Inspections Find No Modern Slavery Offenses: FT
- CBK GY : Commerzbank Supervisory Board Agrees to End CEO Zielke Contract
- DHER GY : Delivery Hero Returns to Capital Markets for Seconds: ECM Watch
- DOKA SW : Dormakaba Names Sabrina Soussan CEO Effective April 1, 2021
- ENI IM : Weatherford Gets Contract to Supply NU-DDV Valves to Eni
- HNSA SS : Hansa Biopharma Offering Prices 4.4m Shares at SEK250/Share
- HEN3 GY : Polytronics Tech to Buy Unit of Henkel US for $26M
- IDIA SW : Idorsia Holder Cilag Holding to Offer 11.8m Shrs
- IIA AV : Immofinanz Offers Shares, Mandatory Convertible Notes in ABB
- IIA AV : Immofinanz Raises Total Gross Proceeds of EU356M from Placements
- KVAER NO : Kvaerner Second Quarter Net Income NOK84 Mln, +22% Y/y
- MOLN SW : AGC Biologics, Molecular To Work on Covid-19 DARPin Program
- NOKIA FH : France Says Nokia Job Cut Plan Unacceptable in Current State
- PNDORA DC : Pandora Prelim 2Q EBIT Before Restructuring Roughly Breakeven
- REC BB : Recticel Sees 2Q Adjusted Ebitda Slightly Positive
- SAP GY : SAP Preliminary 2Q Results Show Significant Cost Controls: React
- SEBA SS : SEB Considering Appeal Against Swedish FSA’s SEK1b Fine: DI
- SUS SS : Surgical Science Sweden Rated New Buy at Pareto Securities
- SZU GY : Suedzucker 1Q Sugar Unit Operating Loss EU15 Mln, -58% Y/y
- TRIANB SS : Fastighets AB Trianon Offering Prices 1m Shares at SEK115/Share
- VACN SW : VAT Prelim First Half Ebitda CHF95 Mln
- VOW3 GY : Porsche Taycan U.S. Sales Won’t Reach 2020 Goal, Local CEO Says
- WDI GY : Wirecard Under Criminal Scrutiny by U.S. Authorities: DJ
- YIT FH : YIT Signs Koskela Contract, to Book EU70M Contract Value in 3Q