Before the market on Monday, the three major US stock indexes were mixed.Biopharmaceutical company Enochian Biosciences rose more than 160% before the market. Last Friday, China‘s new energy auto stocks rose sharply. Tucson will rise more than 10% in the future, Xiaopeng Motors rose more than 7%, and Weilai rose more than 6%. Before the market, the chairman of the Italian financial market supervision agency CONSOB called for the supervision of encrypted assets, saying that without any clear supervision, the spread of encrypted currencies is worrying and may damage the way the market operates.
In today’s session, investors should pay attention to the speech of the Governor of the Bank of England Bailey, which is expected to mention market hotspots such as inflation.
As of press time, the Dow Index futures fell 0.07%, the S&P 500 index futures rose 0.04%, and the Nasdaq index futures rose 0.29%; well-known Chinese concept stocks generally rose before the market on Monday. As of press time: Alibaba is up 0.43%, JD.com is up 0.49%, Pinduoduo is up 0.48%, Weilai Motors is up 0.79%, Ideal Motors is up 0.82%, and Xiaopeng Motors is up 0.75%. As of press time, WTI crude oil rose 0.66% to US$71.38 per barrel, Brent crude oil rose 0.50% to US$73.2 per barrel, spot gold fell 1.42% to US$1,851.19 per ounce, and the US dollar index fell 0.03% to US$90.5.
On the last trading day (June 11), the three major U.S. stock indexes closed up across the board. As of the close on June 11, the Dow Jones Index rose 0.04%, the S&P 500 Index rose 0.19%, and the Nasdaq Index rose 0.35%.
[Chairman of the Italian Financial Market Supervisory Authority CONSOB: Without any clear supervision, the spread of cryptocurrency is worrying and may damage the way the market operates]
Italian Financial Market Supervisory Authority Nasionale per le Societàe la Borsa (CONSOB) Chairman Paul Savona said on Monday that in the absence of any clear regulation, the spread of cryptocurrencies is worrying and may damage the way the market operates. Paul Savona said, “If there is no proper supervision, the market transparency, legitimacy basis and rational choice of (market) operators may deteriorate.” Savona said that there are about 4,000 to 5,000 cryptocurrencies in circulation. There is no real regulation of any kind. He warned that these currencies could become a shield for criminal activities such as tax evasion, money laundering, financing of terrorism and kidnapping.
[Moderna submitted an authorization application to vaccinate Swiss teenagers with its new crown pneumonia vaccine on Tuesday]
Moderna (NASDAQ: MRNA) on Tuesday submitted an application for authorization to vaccinate Swiss teenagers with its new crown pneumonia vaccine.
[Ferrari fell more than 3% before the market, after Goldman Sachs downgraded its rating to “sell”]
Because the transition to electric vehicles may result in high costs, Goldman Sachs downgraded Ferrari’s rating to “sell”. As of press time, Ferrari US stocks fell 3.65% pre-market.
[Foreign media: Apple plans to launch a faster iWatch, which will be equipped with future temperature and glucose sensors]
According to Bloomberg, Apple plans to launch a faster iWatch that will be equipped with future temperature and glucose sensors. As of press time, Apple rose 0.37% before the market.
[Xiao Mo: The Fed will reduce the scale of asset purchases from the beginning of next year]
JPMorgan Chase strategists believe that the Fed will start to reduce the scale of asset purchases early next year.
[Novavac Pharmaceuticals rose more than 10% before the market, and the company’s new crown vaccine was highly effective against the new crown virus in a large study]
According to Agence France-Presse, Novavax Pharmaceuticals said on Monday that the company’s new crown vaccine was highly effective against the new crown virus in a large study, and it can also prevent new crown virus variants. As of press time, Novavax Pharmaceuticals rose 10.64% before the market.
[Swiss chemical manufacturer Clariant has agreed to sell its pigment business at a valuation of approximately US$950 million]
Swiss chemical manufacturer Clariant said on Monday that it has agreed to sell its pigment business to Heubach Group and SK Capital Partners. The transaction valued the business at up to 855 million Swiss francs (about 95127 million US dollars). Clariant said that it will reinvest and become a 20% shareholder in the new business after the merger. The business after the merger has 3,000 employees and annual sales of approximately 900 million euros. Clariant said that the sale is expected to be completed in the first half of 2022, which is 10.7 to 11.4 times the independent EBITDA of the pigment business for the year ended April 2021.
[Industrial output in the euro zone increased by 0.8% month-on-month and 39.3% year-on-year in April]
Industrial output in the euro zone increased by 0.8% month-on-month and 39.3% year-on-year in April.
[European Central Bank President Lagarde: The Eurozone economy is at a turning point, but its recovery must be firm and sustainable in order to start a debate on the withdrawal of emergency support]
European Central Bank President Lagarde said in an interview with Politico on Monday that the euro zone economy is at a turning point, but its recovery must be firm and sustainable before the European Central Bank (ECB) can start a debate on the withdrawal of emergency support. Lagarde quoted Lagarde as saying on Monday: “I am not saying that the Anti-epidemic Bond Purchase Program (PEPP) will cease on March 31. We have a lot of flexibility, but in terms of economic prospects, we are moving forward. Moving in the right direction. It’s too early to discuss these issues. According to the plan, PEPP will continue at least until March 31, or until the crisis phase of the epidemic is over.”
[Philips: Recall some ventilators due to health risks]
The Dutch medical equipment company Philips (Philips) said on Monday that it has recalled some breathing devices and ventilators because one of the foams missing may degrade and become toxic, and cause cancer in users. Philips said that the foam used to reduce machine noise will turn into small inhalable particles when it degrades, irritating the respiratory tract. Philips CEO Van Houten said in a conference call: “We will focus all our capabilities on replacing and repairing these devices.” He said that this process may take a year.
[Dragged by the oil industry, Saudi Arabia’s GDP fell 3% in the first quarter]
Saudi Arabia’s GDP fell 3% in the first quarter, slightly higher than the country’s official estimate (-3.3%), and fell 1% in the same period last year. The Saudi Bureau of Statistics said in a statement that the country’s non-oil sector GDP grew by 2.9% in the first quarter, higher than 1.6% in the same period last year; the oil sector’s GDP fell 11.7%, which was much larger than the 4.6% drop in the same period last year.
[Foreign media: The European Union hired a bank for the Recovery Fund on Monday and will issue 10-year bonds]
Reuters quoted the two lead managers as saying that the European Union hired banks on Monday to issue 10-year bonds, which was also the first batch of banks in the European Union to provide funding for a recovery fund. It is reported that the sale of the 10-year bond will start on Tuesday, but it depends on market conditions. Since October last year, the European Union has issued bonds worth 90 billion euros.
Events and data to focus on during New York time
21:00 Bank of England Governor Bailey speaks.
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