- This topic has 68 replies, 3 voices, and was last updated 2 years, 9 months ago by
.
- Posts
Equity indices in the Asia-Pacific region ended Tuesday on a mostly higher note while markets in Hong Kong, Australia, and New Zealand remained closed for Christmas.
Japan’s Nikkei: +0.2%,
Hong Kong’s Hang Seng: HOLIDAY,
China’s Shanghai Composite: -0.7%,
India’s Sensex: +0.3%,
South Korea’s Kospi: +0.1%,
Australia’s ASX All Ordinaries: HOLIDAY.Japan’s
November Leading Index -0.4% m/m (expected -0.6%; last -0.3%)
Coincident Indicator 0.2% m/m, as expected (last 0.1%).
November jobs/applications ratio 1.28 (expected 1.30; last 1.30)
November Unemployment Rate 2.5%, as expected (last 2.5%).
October Corporate Services Price Index 2.3% yr/yr (expected 2.4%; last 2.3%).
November BoJ Core CPI 2.7% yr/yr (expected 3.0%; last 3.0%)Former Bank of Japan policymaker Masai criticized Governor Ueda for confusing markets with his statements, saying that imminent changes to the central bank’s policy stance are unlikely.
Japan sold 2-yr debt to weak demand.Singapore’s
November CPI -0.2% m/m (last 0.2%); 3.6% yr/yr (expected 3.8%; last 4.7%).
November Core CPI 3.2% yr/yr, as expected (last 3.3%).
November Industrial Production -7.8% m/m (expected -7.1%; last 9.9%); 1.0% yr/yr (expected 3.1%; last 7.6%)China
China Securities Journal speculated that the Chinese government will take steps to support equity inflows next year.South Korea
Samsung will delay the start of mass production at its fabrication facility in Texas until 2025.Spain’s
November PPI -7.4% yr/yr (last -7.7%)
The Spanish government is reportedly planning a six-month extension to its inflation assistance measures for low-income earners.Intel (INTC 49.15, +1.15, +2.4%):
Israel grants INTC $3.2 bln for new $25 bln chip plant, according to ReutersAstraZeneca (AZN 66.37, +0.08, +0.1%): Gracell Biotechnologies to be acquired by AstraZeneca, furthering cell therapy ambition across oncology and autoimmune diseases for $10.00/ADS
RayzeBio (RYZB 60.25, +29.68, +97.1%): to be acquired by Bristol-Myers (BMY) for $62.50/share
HollySys (HOLI 27.05, +1.53, +6.0%): Buyer consortium led by Dazheng Group announces enhanced all-cash proposal of $29.00/share to acquire HOLI
Apple (AAPL 193.85, +0.25, +0.1%):
President Biden decided against veto of AAPL Watch Series 9 and Ultra 2 import ban; meaning ban has taken effect, according to ReutersManchester United (MANU 20.71, +0.87, +4.4%): reaches agreement for Sir Jim Ratcliffe, Chairman of INEOS, to acquire up to a 25% shareholding in the company
S&P 500 futures are up seven points and are trading 0.1% above fair value,
Nasdaq 100 futures are up 43 points and are trading 0.2% above fair value,
Dow Jones Industrial Average futures are up 22 points and are trading 0.1% above fair value.The 2-yr note yield is up two basis points to 4.35% and the 10-yr note yield is unchanged from Friday at 3.90%.
Geopolitical worries are still in play after reports that Israel is intensifying its campaign in Gaza, according to The New York Times.
WTI crude oil futures are building on recent gains, trading up 2.6% to $75.49/bbl.
FHFA Housing Price Index increased 0.3% in October following a revised 0.7% (from 0.6%) in September.
S&P Case-Shiller Home Price Index increased 4.9% in October (consensus 5.0%) following a 3.9% increase in September.US Philly Fed Dec non-manufacturing index +6.3 vs -11.0 prior
Firm-level business activity +8.5 vs +10.3 prior
New orders -3.3 vs -8.6 prior
Full-time employment +7.6 vs +14.7 prior
Wage and benefit cost index +35.2 vs +32.8 prior
- You must be logged in to reply to this topic.