Liveblog Archief woensdag 31 maart 2021

TOP NEWS
• Biden kicks off effort to reshape U.S. economy with infrastructure package
President Joe Biden will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly $2 trillion package to invest in traditional projects like roads and bridges alongside tackling climate change and boosting human services like elder care.

• Hitachi to buy U.S. software developer GlobalLogic for $9.6 billion
Hitachi said it will buy U.S. software company GlobalLogic for $9.6 billion, including repayment of debt, as the Japanese industrial conglomerate pivots from electronics hardware to digital services.

• OPEC+ panel lowers oil demand growth forecast
OPEC+ has lowered its 2021 oil demand growth forecast by 300,000 barrels per day reflecting concerns about the market's recovery as new coronavirus lockdowns take hold, a report from its experts panel meeting seen by Reuters showed.

• Ballot review enters second day in landmark Amazon union election
Amazon's landmark union election was set to resume with a second session of reviewing ballots from employees in Alabama, who are deciding whether to organize one of the company's U.S. warehouses for the first time.

• Pfizer COVID-19 vaccine safe, effective on adolescents in trial, companies say
Pfizer and BioNTech said their COVID-19 vaccine was safe and effective and produced robust antibody responses in 12- to 15-year olds, paving the way for them to seek U.S. emergency use authorization in weeks.


BEFORE THE BELL
Wall Street futures were little changed as investors await the first look of President Joe Biden's infrastructure plan. European stocks traded flat after a 30% slump for delivery company Deliveroo in its London debut. Japan's Nikkei closed lower, as Archegos woes rattled financial shares. The dollar jumped against the yen as investors bet fiscal stimulus and aggressive vaccinations would boost the U.S. economic recovery. Gold was little changed. Oil prices fell on concerns over slow demand recovery after OPEC and its allies lowered its 2021 demand growth forecast. Data for U.S. pending home sales and ADP employment are scheduled for release.


STOCKS TO WATCH
Results
• BlackBerry Ltd: The firm missed Wall Street estimates for fourth-quarter revenue on Tuesday, even as the company said sales of its QNX car software showed improvement. "This has been an exceptional year to navigate, however we are pleased with QNX's continued recovery, despite new challenges from the global chip shortage," said Chief Executive Officer John Chen. Revenue fell to $210 million in the fourth quarter ended Feb. 28, below analysts' expectations of $245.1 million. Excluding items, the company reported a profit of 3 cents per share, in line with analysts' estimates. Net loss widened to $315 million, or 56 cents per share, in the fourth quarter from $130 million, or 23 cents per share, a year earlier.

• Lululemon Athletica Inc: The company on Tuesday warned of more store closures and risks to demand from a potential resurgence in COVID-19 cases, even as it forecast first-quarter revenue above analysts' estimates. The Canadian company forecast first-quarter revenue of $1.10 billion to $1.13 billion, above analysts' estimate of $999.5 million. It expects first-quarter adjusted earnings per share of 86 cents to 90 cents, above estimates of 82 cents. Lululemon's full-year earnings per share expectations of $6.30 to $6.45, however, were below estimates of $6.72. Net revenue rose 24% to $1.73 billion in the fourth quarter, beating estimates of $1.66 billion, as online sales jumped 92% on a comparable basis.

Deals of the Day
• JD.Com Inc: The Chinese e-commerce firm said it had sold JD Cloud and artificial intelligence business to its financial technology unit for a combined valuation of 15.7 billion yuan. The unit, JD Digits, will issue ordinary shares to JD.com as part of the transaction, taking JD.Com's stake to about 42%. The plans were originally announced in December last year. During the same month, JD spun off its health unit and listed it on the Hong Kong stock exchange. JD.com has been doubling down on its core e-commerce business where it competes with Alibaba and Pinduoduo.

In Other News
• Alaska Air Group Inc & Boeing Co: The airline said on Tuesday it would buy an additional 23 737 MAX 9 jets, in a move that highlights growing confidence in Boeing's aircraft following a 20-month safety ban triggered by two fatal crashes. The amended deal, under which deliveries are expected between 2023 and 2024, is also expected to increase the pace at which the airline's fleet shifts back to Boeing planes. Alaska, for which 737 MAX order book inclusive of options and lease commitments stands at 120 airplanes, may exercise further options to purchase 15 aircraft with deliveries between 2023 and 2026. The Alaska Air deal comes just a day after Boeing said it sold 100 new 737 MAX-7 jets to long-time customer Southwest Airlines, in its biggest order win since the safety ban was lifted.

• Alphabet Inc: Alphabet's Google has reached licensing deals with over 600 news outlets around the world and is seeing a "huge increase" in users requesting more content from specific publications as part of a new program, it said. "The intention of our payment is to help make it easier for publishers to be able to participate in the program," Brad Bender, a vice president at Google overseeing News Showcase, told Reuters. "But ultimately it's in service of creating this more sustainable future for news." Additionally, Google will contribute 25 million euros to the newly set up European Media and Information Fund to combat fake news, the company said, amid criticism tech giants are not doing enough to debunk online disinformation. Separately, two advocacy groups called on the U.S. Federal Trade Commission (FTC) to investigate whether apps that Google's Play Store labels as "Teacher approved" are unlawfully collecting personal data without parental consent to target ads at children. Google said in response to the complaint that its app store is "committed to providing a positive and safe environment for children and families" and that it "will continue to make the protection of children on our platform a priority."

• American Airlines Group Inc, Delta Air Lines inc & United Airlines Holdings Inc: Airlines for America, a group representing major U.S. airlines, said on Tuesday it is committed to working with the aviation industry and the government to achieve net-zero carbon emissions by 2050. The trade group said it intends to work towards a rapid expansion of the production and deployment of commercially viable sustainable aviation fuel (SAF) to make 2 billion gallons of SAF available to U.S. aircraft operators in 2030. Airlines for America, which represents American Airlines, Delta Air Lines United Airlines and others, had told Reuters previously it has been in contact with the Biden administration's climate change officials to discuss expanding the sustainable aviation fuel market.

• Amazon.com Inc: The company's landmark union election was set to resume with a second session of reviewing ballots from employees in Alabama, who are deciding whether to organize one of the company's U.S. warehouses for the first time. Starting at 0830 CT, the U.S. National Labor Relations Board will continue sifting through ballots in a closed hearing, a process that could last days and result in legal challenges. Amazon has said in a statement: "Our employees know the truth—starting wages of $15 or more, health care from day one, and a safe and inclusive workplace. We encouraged all of our employees to vote and hope they did so." RWDSU President Stuart Appelbaum has said: "This campaign has already been a victory in many ways. Even though we don't know how the vote will turn out, we believe we have opened the door to more organizing around the country."

• Astrazeneca Plc, Johnson & Johnson, Moderna Inc & Pfizer Inc: Spain confirmed on Tuesday it would use AstraZeneca's COVID-19 vaccine for people aged 55-65, and said it could give Johnson & Johnson's version of the jab to older people when that becomes available in the country. Cadena Ser radio reported that a public health commission decided to remove the upper age limit of 65 on the AstraZeneca treatment. "When there are available doses of this vaccine, it can be used in parallel with mRNA vaccines to increase the pace of vaccinations among older age groups," the statement said. Cadena Ser said the document showed the Johnson & Johnson vaccine would be given to people over 66, alongside those produced by Pfizer and Moderna.

• BioNTech SE & Pfizer Inc: The companies said their COVID-19 vaccine was safe and effective and produced robust antibody responses in 12- to 15-year olds, paving the way for them to seek U.S. emergency use authorization in weeks. Pfizer hopes that vaccinations of the group could begin before the next school year, Albert Bourla, Pfizer's chairman and chief executive, said in a statement. Pfizer's vaccine is already authorized for use in people starting at age 16. The new study offers the first evidence of how the vaccine will also work in school-age adolescents. In the trial of 2,260 adolescents aged 12 to 15, there were 18 cases of COVID-19 in the group that got a placebo shot and none in the group that got the vaccine, resulting in 100% efficacy in preventing COVID-19, the companies said in a statement.

• BlackRock Inc: Global asset manager has de-registered a private fund unit in Shanghai as it prepares to launch its mutual fund business in the world's second-biggest economy. BlackRock last week voluntarily cancelled the business registration of its wholly foreign-owned enterprise (WFOE) unit in Shanghai, according to the website of the Asset Management Association of China (AMAC). BlackRock said it is still preparing the launch of the mutual fund business. BlackRock already owns a mutual fund joint venture in China, and is launching a wealth management JV in the country with Temasek and China Construction Bank.

• DoorDash Inc, McDonald's Corp, Wendys Co & Shake Shack Inc: McDonald's rolled out its new Crispy Chicken Sandwich in February. Wendy's is selling Crispy Chicken Nuggets. And chains like Shake Shack are known for having some of the fast-food industry's crispiest french fries. With delivery and to-go orders soaring during the pandemic, marketing "crisp" is risky if the food arrives at consumers' homes limp and listless. In a quest to keep the crunch as long as possible, many chains are tweaking their recipes, trying different additives, formulations, cooking techniques and temperatures. Delivery orders at U.S. restaurants were 154% higher in January 2021 than they were a year earlier, according to data analytics firm The NPD Group/CREST. Delivery comprised 12% of all restaurant orders in January 2021, versus just 5% a year prior.

• Facebook Inc: The company said it was taking steps to combat hate speech and misinformation in India as the world's biggest democracy started its months-long multi-phase elections in four big states. "We recognize that there are certain types of content, such as hate speech, that could lead to imminent, offline harm," the social networking giant said in a blog post dated March 30. India is Facebook's biggest market by users. Its WhatsApp chat service is among the most popular in the country, counting around 500 million users alone. "To decrease the risk of problematic content going viral in these states and potentially inciting violence ahead of or during the election, we will significantly reduce the distribution of content that our proactive detection technology identifies as likely hate speech or violence and incitement," Facebook said. It has also designed Election Day reminders to give voters accurate information and encourage them to share it with friends on Facebook and WhatsApp, the company said.

• Facebook Inc, Mastercard Inc & Visa Inc: Brazil's central bank on Tuesday cleared the way for Facebook's WhatsApp messaging service to let its users send each other funds using the Visa and Mastercard card networks, months after vetoing WhatsApp's initial attempt. The regulatory approval comes months after the central bank launched its own instant payments system in November, called Pix, which has since been widely adopted. Both card networks also had to obtain new permits to operate with Facebook's messaging app, which itself will be regulated by the central bank. Still, WhatsApp is only allowed to do peer-to-peer payments, not involving merchants, unlike the free Pix service, which can be used to pay businesses and individuals. "(We) are making the final preparations to have payments on WhatsApp available in Brazil as soon as possible," a WhatsApp spokesperson said in a statement.

• Honda Motor Co Ltd: The company said on Tuesday it will recall about 761,000 vehicles worldwide to replace fuel pumps that could fail and lead to engine problems. The recall includes 628,000 U.S. vehicles and covers various 2018-2020 model year Acura and Honda vehicles. Honda has received no reports of crashes or injuries related to the issue. The recall covers some Accord, Civic, CR-V, Fit, Pilot, Ridgeline, MDX, RDX and TLX vehicles.

• Mastercard Inc: The company is among five companies which broke the law for cartel behavior when offering pre-paid cards to vulnerable members of society, Britain's Payment Systems Regulator said. Mastercard, allpay, APS, PFS and Sulion agreed not to compete or poach each other's customers on cards used by local authorities for welfare payments including to the homeless, victims of domestic violence and asylum seekers, the PSR said. The investigation is ongoing and the companies can make representations on the provisional findings, the PSR said. The PSR alleges two infringements of Britain's 1998 competition law. "We apologise that the actions of two former employees resulted in the standards expected of us not being met in this instance," a Mastercard spokesman said.

• Mitsubishi UFJ Financial Group Inc: The securities unit of Japan's Mitsubishi UFJ Financial Group said its loss related to an unnamed U.S. client was estimated around $270 million after it flagged potential losses of around $300 million a day before. The loss, which occurred at its European subsidiary, will be reflected in the first quarter for the next financial year starting in April, Mitsubishi UFJ Securities Holdings Co Ltd said in a statement. Separately, its parent MUFG said it has raised its net profit forecast to 750 billion yen from 600 billion yen for the financial year ending in March, due partly to improvement of the stock market condition. MUFG, which owns about 20% of Morgan Stanley, already achieved its annual profit target at the end of the third quarter, but it kept the forecast at that time because of unclear business impact due to the COVID-19 pandemic.


ANALYSIS
Markets in Q1: Riding a tiger and waking some bears
A new U.S. president with $1.9 trillion to spend, amateur traders taking on seasoned hedge funds, hot oil, digital art selling for tens of millions of dollars and grizzly bears in the bond markets. It has been an eventful start to 2021.


ANALYSTS' RECOMMENDATION
• Apple Inc: UBS raises rating to buy from neutral, reflecting a stable iPhone demand and its possible entry into the automobiles market.
• Lululemon Athletica Inc: JPMorgan cuts target price to $418 from $442, as same-store sales declined in the fourth-quarter, resulting in store closures and productivity.

ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0815 (approx.) ADP national employment for Mar: Expected 550,000; Prior 117,000
0945 (approx.) Chicago PMI for Mar: Expected 60.7; Prior 59.5
1000 Pending Homes Index for Feb: Prior 122.8
1000 Pending sales change mm for Feb: Expected -2.6%; Prior -2.8%


COMPANIES REPORTING RESULTS
Micron Technology Inc: Expected Q2 earnings of 95 cents per share


CORPORATE EVENTS (All timings in U.S. Eastern Time)
0830 Phreesia Inc: Q4 earnings conference call
0830 Walgreens Boots Alliance Inc: Q2 earnings conference call
0900 PVH Corp: Q4 earnings conference call
0900 UniFirst Corp: Q2 earnings conference call
0930 Magellan Health Inc: Shareholders Meeting
1000 Acuity Brands Inc: Q2 earnings conference call
1000 McCormick & Company Inc: Annual Shareholders Meeting
1630 Ideanomics Inc: Q4 earnings conference call
1630 Micron Technology Inc: Q2 earnings conference call
1630 nCino Inc: Q4 earnings conference call
1630 Verint Systems Inc: Q4 earnings conference call
1645 Guess Inc: Q4 earnings conference call
1700 XL Fleet Corp: Q4 earnings conference call
1800 Arco Platform Ltd: Q4 earnings conference call


EX-DIVIDENDS
ABM Industries Inc: Amount $0.19
Air Products and Chemicals Inc: Amount $1.50
American Express Co: Amount $0.43
Bristol-Myers Squibb Co: Amount $0.49
Cardinal Health Inc: Amount $0.48
CubeSmart: Amount $0.34
Encompass Health Corp: Amount $0.28
Encore Wire Corp: Amount $0.02
ESCO Technologies Inc: Amount $0.08
Fulton Financial Corp: Amount $0.14
Ingredion Inc: Amount $0.64
Keurig Dr Pepper Inc: Amount $0.15
Pegasystems Inc: Amount $0.03
Physicians Realty Trust: Amount $0.23
Raymond James Financial Inc: Amount $0.39
Realty Income Corp: Amount $0.23
Regal Beloit Corp: Amount $0.30
Republic Services Inc: Amount $0.42
Royal Gold Inc: Amount $0.30
ServisFirst Bancshares Inc: Amount $0.20
Simpson Manufacturing Co Inc: Amount $0.23
State Street Corp: Amount $0.52
Sysco Corp: Amount $0.45
Thor Industries Inc: Amount $0.41
Uniti Group Inc: Amount $0.15
Ventas Inc: Amount $0.45
Wolverine World Wide Inc: Amount $0.10

Goedemorgen
We zien vanmorgen via de futures een iets lagere opening zowel op Wall Street als in Europa. Europa zit wel in een fase waar vanaf nu alles kan, ofwel nog een stevige uitbraak ofwel vanaf de weerstand nu wat correctie om op te bouwen richting een nieuwe impuls omhoog. Het is niet gemakkelijk nu maar ik neig eerder naar die weerstand met eerst wat winstnemingen. De beurzen hebben al behoorlijk wat voorschot genomen op de heropening van de economie terwijl niemand nog weet wanneer alles weer op volle toeren zal draaien. De markten blijven momenteel veel hooi op de vork nemen, we moeten opletten maar dat moet altijd nu bij deze volatiliteit.

Indicatie markt:
Wall Street wat lager, Europa zet rally nog even door met een slot net boven de 701 punten bij de AEX index waar er normaal gezien weerstand zou moeten liggen door de top van 2000 (21 jaar geleden). De DAX zet een nieuwe All Time High neer net boven de 15.000 punten (15.008) en blijft zo ook enorm sterk. Op Wall Street waar de Dow en de S&P 500 eerst nog positief begonnen zien we op slotbasis verlies, zo staat de Dow nu ruim 100 punten onder de recordstand, de Nasdaq verloor iets minder gisteren. Het lijkt erop dat door dat de rente een behoorlijke rebound liet zien de traditionele indices het eerst nog goed deden, toch werd er later winst genomen.

Bij de AEX en de DAX zien we vanmorgen een klein verliesje voorbeurs, de Dow en de S&P 500 future staan ook wat lager terwijl de Nasdaq future ongeveer vlak staat. We gaan zien wat de dag brengt vandaag, een wisselend beeld net voor de opening dus.

Resultaat dit jaar 2021 verloopt naar wens:
Enkele van de posities die open stonden werden gesloten zodat we ook de maand maart positief kunnen afsluiten. Met de maand december erbij komen we nu uit op 4 maanden na elkaar dat er met een winst werd afgerond. Deze manier van werken wil ik aanhouden, de markt krijg ik in ieder geval steeds meer onder controle en probeer met kleine posities goed voor de dag te komen en dat in beide richtingen waar dat kan. Voor de komende maand zie ik weer genoeg mogelijkheden om op te handelen. Na het Paasweekend waar we met de maand april starten heb ik een bepaalde visie waar we iets moois mee kunnen doen !!

Onderaan deze update ziet u nog een overzicht met wat we deze maand en dit jaar hebben behaald qwa resultaat wat betreft de signalen die we naar de leden versturen. Verder ziet u de nieuwe aanbieding om mee te doen met onze signalen tot 1 JUNI. Via de site en dan de Tradershop kunt u als lid de lopende posities met alle details altijd inzien via https://www.usmarkets.nl/tradershop

Technische conditie Wall Street:
Wat betreft Wall Street zien we dat de Dow Jones en de S&P 500 wat lager sluiten maar heel dicht bij hun records blijven hangen. Dat wil zeggen dat het er technisch nog altijd sterk uitziet want anders komen er geen nieuwe records tot stand. Pas als de indices er 2 tot 3% onder uitkomen moeten we ons zorgen beginnen te maken dat het voor een tijdje over en uit kan zijn. De Dow Jones en de S&P 500 blijven in ieder geval ook nog ruim boven hun 20-MA en 50-MA (MA = daags gemiddelde) en staan nu al een hele lange periode boven hun 200-MA.

Dat de technologie indices (de Nasdaq, de Nasdaq 100 en de SOX index) blijven maar worstelen om zich verder te herpakken. Ze blijven rond dat 50-MA heen draaien maar willen er blijkbaar ook niet echt duidelijk van weglopen hetgeen ook voor deze indices hoop op een herstel aangeeft. De tech indices proberen telkens wel weer op te krabbelen maar krijgen de belangrijke frontrunners van eerder nog niet echt duidelijk mee, niet allemaal gelijktijdig in ieder geval. Ik verwacht wel dat deze indices volatiel zullen blijven. Daar zal ik waar het kan op proberen te handelen.

Technische conditie AEX en DAX:

AEX index:
We zien zowel op de korte als op de langere termijn een uitbraak sinds vorige week vrijdag bij de AEX index, het wachten tussen de pakweg 675 en 687 punten duurde al lang genoeg want de index bleef daartussen zo'n 10 dagen hangen binnen een range van 12 punten, de top van midden februari rond de 688-690 punten doemde daar steeds op als zware hindernis. Vrijdag zijn we er eindelijk boven geraakt via de uitbraak en die was meteen behoorlijk krachtig. Je kon er ook al op wachten omdat de index in de 10 dagen binnen die genoemde range van ongeveer 12 punten geen enkele keer de intentie had om zwaar onderuit te gaan terwijl alle kansen daartoe wel aanwezig waren. Denk aan enkele pogingen omlaag op Wall Street vorige week en dan vooral via de Nasdaq waar de AEX meestal wel gevoelig voor is.

Nu de index boven die zware weerstand geraakt en die blijkbaar ook makkelijk achter zich lijkt te laten ziet er goed en sterk uit voor wat betreft de AEX. Het is nu wachten op een test van het oude record op 703 punten dat werd bereikt in 2000 ofwel maar liefst bijna 21 jaar geleden. De index is wat betreft de samenstelling nu totaal anders dan toen maar een record is een record en die zijn er als richtpunt waar iets naartoe moet gaan voor er nieuwe records worden gemaakt.

We moeten in ieder geval een keer die 702-703 punten van de tabellen halen en daar lijkt het nu de tijd voor. Wel kan er na de eerste test van deze weerstand wat gas terug genomen worden om daarna met een nieuwe aanval te komen. Van dat scenario ga ik nu uit in ieder geval, eerst een punt of 10-12 terug, dan een nieuwe poging om door te zetten tot boven de 700 punten grens ...

DAX index:
De DAX doet het ook meer dan goed en geraakt op slotbasis tot een nieuwe hoogste stand ooit, de uptrend bij de DAX blijft duidelijk, het doel rond die 15.000 punten werd behaald. De volgende richtpunten zijn eerst de 15.150 en de 15.250 punten. Alle indices, dus ook de DAX, zijn rijp voor een grotere correctie maar die komt er pas zodra beleggers het opgeven ofwel de daling door laten zetten. Dat wil zeggen dat het "Buy The DIP" gedrag er eerst uit zal moeten, daarna zou het wel eens snel kunnen gaan maar zoals u nu kunt zien is het nog niet zo ver.

Steun nu rond het 20-MA dat nu rond de 14.500 uitkomt, later de 14.250 en de 14.100 punten als steun. Er is nog meer dan genoeg ruimte omlaag voor de DAX echt in de problemen komt. De indicatoren bij de DAX staan nog in de positieve zone en blijven de index volgen. Even een terugval lijkt me nu logisch, daarna kan er een nieuwe stijging komen richting nieuwe records.

Euro, olie en goud:
De euro zien we nu rond de 1.171 dollar, de prijs van een vat Brent olie komt uit op 64,5 dollar terwijl een troy ounce goud nu op 1683 dollar staat.

Resultaat dit jaar 2021 verloopt naar wens:
Onderaan deze update ziet u nog een overzicht wat betreft Trading en een aanbieding om mee te doen met onze signalen tot 1 JUNI. Via de site en dan de Tradershop kunt u de posities met alle details zien staan. https://www.usmarkets.nl/tradershop

De LIVEBLOG en Twitter:
Via de LIVEBLOG en tussendoor ook via mijn Twitter account laat ik gedurende de dag ook wat grafiekjes met korte uitleg voorbij komen over de markt. Op Twitter kunt u mij volgen via @USMarkets dan kunt u deze snelle informatie die ik deel uiteraard ook inzien .... https://twitter.com/USMarkets , ook opvallende beursfeiten komen er vaak langs !

Inter Market overzicht op slotbasis ...

Nu lid worden tot 1 JUNI voor €39?
Blijven schakelen tussen long en short blijft belangrijk de komende weken. Ook deze maand (maart) krijgen we genoeg kansen. Doe nu in ieder geval mee met de proef aanbieding voor nieuwe leden, die loopt tot 1 JUNI en dat met een mooie korting !! ... €39 tot 1 JUNI 2021 ... en voor Polleke €49 tot 1 JUNI 2021 !!! https://www.usmarkets.nl/tradershop

Schrijf u in voor Systeem Trading (€39 tot 1 JUNI)

Schrijf u in voor Index Trading (€39 tot 1 JUNI)

Schrijf u in voor Guy Trading (€39 tot 1 JUNI)

Schrijf u in voor Polleke Trading (€49 tot 1 JUNI)

Schrijf u in voor de Aandelen portefeuille (€30 tot 1 JUNI)

Schrijf u in voor COMBI TRADING (€79 tot 1 JUNI)

Hieronder de resultaten deze maand en dit jaar (2021) ...

Met vriendelijke groet,
Guy Boscart

GLOBAL TOP NEWS
China's manufacturing activity expanded at the quickest pace in three months in March as factories cranked up production after a brief lull during the Lunar New Year holidays, with improving global demand adding further momentum to a solid economic recovery.

British retailers reported another big fall in the prices they charge in early March as the sector grappled with the continued closure of non-essential stores because of COVID lockdown measures, a trade body said.

U.S. President Joe Biden is expected to allow a proclamation from his Republican predecessor that had blocked many temporary foreign workers from coming into the United States to expire on Wednesday, according to three people familiar with the matter.


EUROPEAN COMPANY NEWS
Wall Street counted the cost of the Archegos Capital meltdown on Tuesday, with pressure mounting on heavily exposed Credit Suisse and regulators stepping up scrutiny of the fallout from banks' unwinding the New York fund's positions.

Germany will from Wednesday limit the use of AstraZeneca's COVID-19 vaccine to people aged 60 and above as well as high-priority groups following further reports of a rare brain blood disorder.

Finland's Fortum has tightened its grip on German utility Uniper after a boardroom shake-up that sees changes to the chairman, CEO and chief financial officer.


TODAY'S COMPANY ANNOUNCEMENTS
Adler Group SA Q4 2020 Earnings Call
Anima Holding SpA Annual Shareholders Meeting
Aurelius Equity Opportunities SE & Co KGaA Q4 2020 Earnings Call
Biotest AG FY 2020 Biotest AG Earnings Call
Bonava AB (publ) Annual Shareholders Meeting
BSF Enterprise PLC Annual Shareholders Meeting
Cafom SA Annual Shareholders Meeting
Caisse Regionale de Credit Agricole Mutuel Atlantique Vendee SC Annual Shareholders Meeting
Cloudcoco Group PLC Annual Shareholders Meeting
CY4GATE SpA Annual Shareholders Meeting
Daimler AG Annual Shareholders Meeting
doValue SpA FY 2020 Earnings Call
Edap Tms SA Q4 2020 Earnings Call
Edison SpA Annual Shareholders Meeting
Fellow Finance Oyj Annual Shareholders Meeting
FFP SA Annual Shareholders Meeting
Fiducial Office Solutions SA Annual Shareholders Meeting
Fiducial Real Estate SA Annual Shareholders Meeting
Gea Grenobloise Electronique Automatisme SA Annual Shareholders Meeting
GFT Technologies SE Q4 2020 Earnings Release
H & M Hennes & Mauritz AB Q1 2021 Earnings Release
IVS Group SA Q4 2020 Earnings Call & Annual Shareholders Meeting
Leonteq AG Annual Shareholders Meeting
Liberbank SA Annual Shareholders Meeting
Lundin Energy AB Annual Shareholders Meeting
Maison Clio Blue SA Annual Shareholders Meeting
Medacta Group SA FY 2020 Earnings Call
Mota Engil SGPS SA FY 2020 Earnings Call
Next Games Oyj Annual Shareholders Meeting
NRJ Group SA FY 2020 Earnings Release
Olvi Oyj Annual Shareholders Meeting
Outokumpu Oyj Annual Shareholders Meeting
Paion AG Q4 2020 Earnings Call
Plastiques du Val de Loire SA Annual Shareholders Meeting
PSP Swiss Property AG Annual Shareholders Meeting
Stratec SE Q4 2020 Earnings Call
Swisscom AG Annual Shareholders Meeting
Telecom Italia SpA Annual Shareholders Meeting
Tricorn Group PLC Annual Shareholders Meeting
Voxeljet AG Q4 2020 Earnings Call


ECONOMIC EVENTS (All times GMT)
0530 Netherlands Retail Sales yy for Feb: Prior -7.8%
0600 (approx.) United Kingdom GDP qq for Q4: Expected 1.0%; Prior 1.0%
0600 (approx.) United Kingdom GDP yy for Q4: Expected -7.8%; Prior -7.8%
0600 (approx.) United Kingdom Business Investment qq for Q4: Prior 1.3%
0600 (approx.) United Kingdom Business Investment yy for Q4: Prior -10.3%
0600 (approx.) United Kingdom Current Account for Q4: Expected -33.00 bln GBP; Prior -15.70 bln GBP
0600 United Kingdom Nationwide house price mm for Mar: Expected 0.4%; Prior 0.7%
0600 United Kingdom Nationwide house price yy for Mar: Expected 6.4%; Prior 6.9%
0645 France Consumer Spending mm for Feb: Expected 2.0%; Prior -4.6%
0645 France CPI (EU Norm) Prelim yy for Mar: Expected 1.3%; Prior 0.8%
0645 (approx.) France CPI (EU Norm) Prelim mm for Mar: Expected 0.8%; Prior 0.0%
0645 (approx.) France CPI Prelim yy NSA for Mar: Expected 1.1%; Prior 0.6%
0645 (approx.) France CPI Prelim mm NSA for Mar: Expected 0.7%; Prior 0.0%
0645 France Producer Prices mm for Feb: Prior 1.2%
0645 (approx.) France Producer Prices yy for Feb: Prior 0.4%
0700 (approx.) Switzerland Official Reserves Assets for Feb: Expected ; Prior 958,397.98 mln CHF
0755 Germany Unemployment Change SA for Mar: Expected -3,000; Prior 9,000
0755 Germany Unemployment Total NSA for Mar: Prior 2.904 mln
0755 Germany Unemployment Rate SA for Mar: Expected 6.0%; Prior 6.0%
0755 Germany Unemployment Total SA for Mar: Prior 2.752 mln
0800 Italy Consumer Price Prelim mm for Mar: Prior 0.1%
0800 Italy Consumer Price Prelim yy for Mar: Expected 0.8%; Prior 0.6%
0800 Italy CPI (EU Norm) Prelim mm for Mar: Expected 2.2%; Prior -0.2%
0800 Italy CPI (EU Norm) Prelim yy for Mar: Expected 1.3%; Prior 1.0%
0800 (approx.) Italy CPI NSA for Mar: Prior 103.4
0800 (approx.) Spain Current Account Balance for Jan: Prior 0.73 bln EUR
0800 Switzerland Investor Sentiment for Mar: Prior 55.5
0830 (approx.) Portugal CPI Flash mm for Mar: Prior -0.5%
0830 (approx.) Portugal CPI Flash yy for Mar: Prior 0.5%
0900 Euro Zone HICP Flash yy for Mar: Expected 1.3%; Prior 0.9%
0900 Euro Zone HICP-X F&E Flash yy for Mar: Expected 1.2%; Prior 1.2%
0900 Euro Zone HICP-X F,E,A&T Flash yy for Mar: Expected 1.1%; Prior 1.1%
0900 (approx.) Euro Zone HICP-X F, E, A, T Flash mm for Mar: Prior 0.10%
0900 (approx.) Euro Zone CPI NSA for Mar: Prior 105.54