(Bloomberg) — Asian stocks were poised to climb Monday after a gauge of global equities extended its one-year high and the S&P 500 rose to the cusp of a bull market. Oil rallied on a supply cut from Saudi Arabia.
Najčitanije s Bloomberga
Crude jumped about 2.5% on the pledge to make an extra 1 million barrel-a-day reduction in July, which trims Saudi Arabia’s production to the lowest level for several years.
Equity futures for Japan, Australia and Hong Kong all rose more than 1%, suggesting early advances in shares around the region.
Contracts for the S&P 500 were little changed in Asia after further gains Friday that were fueled by big tech, options positioning and bets for a Federal Reserve rate pause this month. Nasdaq 100 futures fell 0.3%.
A mixed jobs report shaped the wagers on the Fed, with signs of labor-market slackening in May despite a pickup in hiring. That bolstered the argument from Fed Chair Jerome Powell and other officials that they should take more time to assess incoming data and the evolving outlook before raising rates again.
Two-year Treasury yields, which are more sensitive to imminent central bank moves, jumped 16 basis points to 4.5% Friday. Australia’s three-year government bond yields jumped about 10 basis points following the move in Treasuries and ahead of a central bank rates decision Tuesday.
The euro, the pound and the Australian dollar edged lower while the yen weakened to around 140 versus the greenback. A gauge of dollar strength was fractionally higher.
As stocks rose in the US on Friday, Wall Street’s “fear gauge” plummeted to pre-pandemic levels. The Cboe Volatility Index, or VIX, dropped below 15 from an average of 23 in the past year.
Broadcom Inc. climbed after predicting that sales tied to artificial intelligence will double this year.
“Impresivan rast dionica nastavlja tjerati maloprodajne investitore na tržište,” rekao je Mark Hackett, šef investicijskog istraživanja u Nationwideu. “Investitori su veći dio protekle tri godine proveli opsjednuti Fed-om, inflacijom i platnim spiskovima, iako se volatilnost oko tih izvještaja smirila, što odražava manje emocionalno tržište. Ovo je bikovski, jer je manja reaktivnost znak zdravog tržišta.”
The stock advance doesn’t mean the market isn’t facing headwinds, according to Quincy Krosby, chief global strategist at LPL Financial.
Među rizicima, ona navodi potencijalne posljedice poplave državnih zapisa — otprilike 1 bilion dolara — koje će se prodati na aukciji dok američko ministarstvo popunjava svoj opći račun nakon dogovora o ograničenju duga. to bi moglo izazvati značajno smanjenje likvidnosti sa finansijskih tržišta, napomenula je ona.
Ključni događaji ove sedmice:
China Caixin services PMI, Monday
Eurozone S&P Global Eurozone Services PMI, PPI, Monday
US factory orders, ISM services, Monday
ECB President Christine Lagarde appears in European Parliament, Monday
Rate decisions in Australia, Poland, Tuesday
China forex reserves, trade, Wednesday
US trade, consumer credit, Wednesday
Odluka o kanadskoj stopi, srijeda
EIA crude oil inventory data, Wednesday
Eurozone GDP, Thursday
Rate decisions in India, Peru, Thursday
Japan GDP, Thursday
US wholesale inventories, initial jobless claims, Thursday
China PPI, CPI, Friday
Neki od glavnih poteza na tržištu:
Akcije
S&P 500 fjučersi su se malo promijenili od 8:28 ujutro po Tokijskom vremenu. S&P 500 je u petak porastao za 1.4%.
Fjučersi Nasdaq 100 pali su za 0.2%. Nasdaq 100 porastao 0.7%
Fjučersi na Nikkei 225 porasli za 1.3%
Fjučersi na australijski indeks S&P/ASX 200 porasli su 1.1%
Fjučersi na indeks Hang Seng porasli su 1.1%
valute
Indeks Bloombergovog dolara se malo promijenio
Euro se malo promijenio na 1.0699 dolara
Japanski jen pao je 0.2% na 140.19 za dolar
Offshore juan malo se promijenio na 7.1107 po dolaru
Australijski dolar je oslabio 0.2% na 0.6600 dolara
Kriptokutencije
Bitcoin je pao 0.2% na 27,185.14 dolara
Eter je pao 0.7% na 1,890.56 dolara
obveznice
proizvodi
Ova priča je nastala uz pomoć Bloomberg Automationa.
–Uz pomoć Rite Nazareth.
Najčitanije sa Bloomberg Businessweek -a
© 2023 Bloomberg LP
Source: https://finance.yahoo.com/news/asian-stocks-oil-support-currencies-223438590.html