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2:00PM Water Cooler 8/11/2021 | naked capitalism

2:00PM Water Cooler 8/11/2021 | naked capitalism
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EMEA Morning Briefing: Stocks to Stem Losses for Now


Provided by
Dow Jones
MARKET WRAPS
Watch For:
Eurozone Balance of Payments, ECB Bank Lending Survey; Germany PPI; Italy Balance of Payments; updates from UBS, Alstom, Remy Cointreau, Salvatore Ferragamo, Ubisoft, Electrolux, Volvo, SKF, Telenor, easyJet, Anglo American, BHP, Anglo American Platinum, Intermediate Capital, Vodacom, Telenor
Opening Call:
Europe is in line for a calmer opening session on Tuesday, although escalating worries about Covid s delta variant will likely cap any gains for stocks. In Asia, most equity benchmarks were lower, but losses appeared contained, while the dollar and bond yields crept higher, as did most commodities.
Equities:
European stocks should open on a steadier footing on Tuesday, although anxiety over the spread of the Delta coronavirus variant and its potential impact on the global economy will continue to dominate the mood. ....

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