S&P 500 futures up 0.3% to 2,888.25
Brent futures up 2.6% to $61.54/bbl
Gold spot up 0.4% to $1,338.20
US Dollar Index little changed at 96.96GLOBAL NEWS:Amazon strengthens partnership with UK retailer Morrison. Amazon.com
is extending its alliance with Morrison Supermarkets to offer groceries in more cities across the country. The two companies are looking to launch same-day delivery service to several cities including Glasgow and Liverpool this year, Morrison said today.Oil stocks soar after two tankers attacks.
Two burning tankers issued distress calls in the Arabian Sea. One of them said he was hit by a torpedo. The 44 crew members of both vessels were evacuated and are safe. Following these attacks, oil prices rose sharply, in the context of a crisis between the United States, the Gulf States and Iran.Alibaba lists again in Hong Kong. Alibaba
Group has reportedly filed a request for a secondary listing on the Hong Kong Stock Exchange, with a view to completing the transaction in the third quarter, Reuters learned from a source directly informed of the case. The Chinese e-commerce platform could raise up to $20 billion.Germany's 5G auction completed.
The 5G spectrum sale generated 6.5 billion ($7.3 billion), much higher than the 5 billion ($5.7 billion) expected. Deutsche Telekom
was the biggest bidder, spending almost 2.2 billion ($2.5 billion) on 40MHz of paired spectrum in the 2GHz band and a 90MHz block in the 3.6GHz range, followed by Vodafone
with 1.9 billion ($2.2 billion), and Telefónica
with 1.4 billion ($1.6 billion).Trouble for Nordea.
The biggest shareholder in Nordea Bank
is cutting its stake below 20%, Bloomberg reports. Based in Helsinki, Sampo Oyj will distribute some of its holdings in the bank as an extra dividend to shareholders. The shareholder said the move below 20% will reduce its regulatory requirements, as it will no longer be considered a financial conglomerate. This comes as Nordea is cutting thousands of jobs as it struggles to reduce its costs.Renault leader blames the French government for failed merger.
At the general meeting of the French automotive group, held on Wednesday 12 June in Paris, Renault
CEO Jean-Dominique Senard was critical of the French State, which holds 15% of the company (with double voting rights), blaming it for the failure of the merger. French economy minister Bruno Le Maire reacted to these comments on French radio. He stressed that his strategy had always been primarily to strengthen the alliance between Renault and Nissan. "We have never vetoed the merger, he said. We requested an additional five days and FCA chose to withdraw its offer.