Asian Shares Trade Mixed as Markets Eye Oil Prices, US Bonds, and Currency Fluctuations – WTOP News
Investors weighed higher yields, oil swings and U.S.-China talks as Japan’s 10-year government bond yield hit a 30-year high.
- On Friday, the U.S. 10-year Treasury yield eased slightly to around 5.19%, following a sharp selloff that pushed rates above 5.20% on Thursday, reaching the highest level since 2007.
- Investors are demanding greater compensation for increased risks as persistent inflation, heavy U.S. government debt, and Middle East energy shock uncertainties force bond yields higher.
- The Dow Jones Industrial Average dropped 0.7%, while the Nasdaq composite sank 1.1% from its all-time high, as equities show "signs of creaking under the weight of ever-rising bond yields," National Australia Bank strategist Ray Attrill said.
- Federal Reserve Governor Michael Barr said this week that further hikes are "likely to be needed" to get inflation to the Fed's 2% target as officials maintain a hawkish tone.
- President Donald Trump and Chinese President Xi Jinping are expected to discuss trade relations, while energy prices remain volatile following warnings regarding the conflict in Iran.
47 Articles
47 Articles
Asian markets mixed after oil gains
A two-month extension of a trade truce between the United States and China left several issues unresolved, analysts said, shifting lingering risks into the future. Oil prices eased slightly on Friday, with Brent Crude shedding 0.7 percent after spiking more than three percent Thursday to extend previous gains. Global stocks had mostly fallen Thursday, as the benchmark US 10-year Treasury yield rose to its highest level since 2007, and the 30-yea…
My Mother Lode
WV NewsAsian shares are mixed after global bond sell-off and drop in oil prices
Asian shares are mixed following another bond sell-off that has brought U.S. Treasury yields to their highest in years. U.S. futures have edged lower. Markets in mainland China, Taiwan and South Korea are closed because of a holiday. While many investors are also monitoring the meeting in Washington between U.S. President Donald Trump and Chinese President Xi Jinping, analysts say limited progress have been made although the two sides touched on…
The Asian stock exchanges negotiated in a mixed manner this Thursday, while investors were trying to digest the recent fluctuations in oil prices and in the United States securities market. Exclusive material for subscribers. To have full access, access the link of the material and register.
Asian stocks fell on Thursday, mainly due to a sharp rise in bond yields. The US 10-year yield jumped above 5 percent, a level not seen since 2007, and in Japan the 10-year yield rose to a 30-year high. Investors are also paying attention to the upcoming meeting between Donald Trump and Xi Jinping, and in the oil market, US-Iranian tensions continue to drive prices. Japan is hanging out from the negative mood, with the Nikkei rising more than 1 …
Asian shares trade mixed as markets eye oil prices, US bonds, and curr
TOKYO (AP) — Asian shares were trading mixed in early Thursday trading, as investors tried to digest the recent swings in oil prices and the U.S. bond market. Japan’s benchmark Nikkei 225 gained 1.3% in morning trading
Asian shares trade mixed as markets eye oil prices, US bonds, and currency fluctuations – WTOP News
TOKYO (AP) — Asian shares were trading mixed in early Thursday trading, as investors tried to digest the recent swings in oil prices and the U.S. bond market. Japan’s benchmark Nikkei 225 gained 1.3% in morning trading to 65,883.41, as some chipmakers got a boost from the recent interest in artificial intelligence. Australia’s S&P/ASX 200...
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