HONG KONG, Sept 27 — Asia stocks traded mixed today and benchmark US Treasury yields were near multi-year highs, as investors sour on both stocks and bonds amid worries about the...
HONG KONG, Sept 27 — Asia stocks traded mixed today and benchmark US Treasury yields were near multi-year highs, as investors sour on both stocks and bonds amid worries about the impact of higher-for-longer interest rates.
Yesterday, Wall Street’s major stock indexes followed Asian and European equities lower as investors continued to digest last week’s indication from the Federal Reserve that it would keep rates higher for longer than investors had previously expected. In currencies, the dollar index, which tracks the greenback against a basket of currencies of other major trading partners, advanced 0.085 per cent to 106.3, after hitting 106.21 yesterday, the highest since November 30. The European single currency was down 0.1 per cent on the day at US$1.0564, having lost 2.56 per cent in a month.
“USD/JPY traded in a fairly narrow range overnight and is currently trading just above 149. Higher US Treasury yields and recent dovish comments from Bank of Japan officials have weighed on USD/JPY,” CBA analysts said in a note. “We see a high risk the BoJ intervenes soon to prop up the JPY.”
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Wan Ji to begin 9-month jail term for insulting Selangor Sultan from Sept 25PUTRAJAYA: The Court of Appeal here has ordered independent speaker Wan Ji Wan Hussin to begin serving his nine-month prison sentence from Monday (Sept 25) for publishing offensive words and insulting the Sultan of Selangor via Facebook 11 years ago.
Leggi di più »
KL cops nab 155, bust eight scam call centres since Sept 4KUALA LUMPUR: Some 155 suspects, including 43 foreign nationals, have been detained in raids on eight scam syndicate call centres in the city.
Leggi di più »
S&P: Asia Pacific to see resilient growth amid China slowdownKUALA LUMPUR, Sept 25 — The Asia Pacific (Apac) remained a multi-speed region, with its developed economies undergoing soft landings and seeing low but positive growth, while the...
Leggi di più »
Ismail Sabri wants Malay studies' chair in universities Asia-wideKUALA LUMPUR: Former prime minister Datuk Seri Ismail Sabri Yaakob says he hopes that a chair in Malay studies can be established at all universities locally and abroad in a bid to empower the Malay language.
Leggi di più »