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U.S. Treasury bonds rebounded in overnight trading as some European markets were closed for Ascension Day, leading to notable buying in a low-liquidity environment. A London trader noted that the market reached levels sufficient to trigger buying and technically was at a position suitable for short covering.As of 18:09 (GMT+8), 10-year Treasury futures saw a trading volume of 359,000 contracts, with the June contract trading between 110-02 and 110-06.5, last quoted at 110-05. S&P 500 index futures rebounded 0.2%, Eurozone Stoxx 50 index rose 0.5%, while the Nikkei 225 index fell 1% and the CSI 300 index dropped 1.7%.Crude oil prices were relatively mild, rising $0.30 to $101.32 per barrel. German government bonds also rebounded, up by one-third of a point from the settlement price, with the spread between 10-year U.S. Treasuries and German Bunds virtually unchanged at 138.3 basis points at the close of European trading on Wednesday.The U.S. dollar index remained steady at Wednesday’s closing high of 98.53. GBP/USD edged lower to 1.3513, USD/JPY was at 157.92, EUR/USD was unchanged at 1.1707, and gold held steady at $4,692.29 per ounce.

According to Golden Ten Data on May 14, HSBC Holdings analysts stated in a research report that Alibaba's cloud business profitability is expected to improve significantly over the next two quarters. The analysts pointed out that the deployment of self-developed chips and the transformation of the business structure towards higher-margin segments are expected to support the increase in Alibaba Cloud's profit margins. Based on improved margins, HSBC raised its EBITA forecasts for Alibaba's cloud business for fiscal years 2027 to 2028 by 40% to 50%. The report also mentioned that this could boost market expectations for Alibaba Cloud's valuation. HSBC maintains a "Buy" rating on Alibaba and raised its ADR target price from $172 to $180.

In the fourth fiscal quarter, the adjusted EBITDA under non-IFRS was 64.9 million CAD, with an estimate of 61 million CAD.Adjusted earnings per share under non-IFRS in the fourth fiscal quarter were 0.37 CAD, with an estimate of 0.39 CAD.Canada Goose shares are slightly down in pre-market US trading.