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Asian Shares Retreat As Yields Climb On Powell Comments
Asian stocks declined on Friday as a jump in U.S. bond yields following a weak Treasury auction coupled with Fed Chair Jerome Powell's cautious comments on the rate hike path dashed expectations of a peak in U.S. interest rates.
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Před 646 dny
Antipodean Currencies Fall Amid Risk Aversion
The Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday amid risk aversion, as traders react to the hawkish remarks by U.S. Fed Chair Jerome Powell that the central bank "will not hesitate" to resume raising interest rates if it becomes appropriate. The surge in Treasury yields also weighed on the markets.
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Před 646 dny
Textron, Polaris Recall Off Highway, Off-Road Vehicles
The U.S. Consumer Product Safety Commission or CPSC announced various vehicle recalls by Textron Specialized Vehicles and Polaris all manufactured domestically, mainly citing crash hazard. Textron has recalled about 6,800 units of Arctic Cat and Tracker Side by Side Recreational Off Highway Vehicles or ROVs, as well as about 1,660 units of E-Z-GO PTV And Tracker OX EV Vehicles.
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Před 646 dny
European Economic News Preview: UK GDP Data Due
Quarterly national accounts, industrial production and foreign trade figures from the UK are due on Friday. At 2.00 am ET, the Office for National Statistics releases UK GDP for the third quarter, industrial output and external trade data. The economy is forecast to shrink 0.1 percent sequentially after expanding 0.2 percent in the preceding period.
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Před 646 dny
European Shares May See Cautious Start As Rate Worries Cloud Outlook
European stocks are seen opening lower on Friday after Wall Street's main indexes closed notably lower overnight on interest-rate concerns.
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Před 646 dny
NZ Dollar Drops Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Friday.
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Před 646 dny
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
RTTNews
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Před 646 dny
more news
Sensex, Nifty Open Lower As Yields Jump
Indian shares were subdued on Friday as Treasury yields jumped in the wake a weak bond auction and cautious comments on the rate outlook from Fed Chair Jerome Powell.
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Před 646 dny
Asian Markets A Sea Of Red
The sell-off on Wall Street overnight is dragging Asian stock markets in the red on Friday, as traders react to the hawkish remarks by US Fed Chair Jerome Powell that the central bank "will not hesitate" to resume raising interest rates if it becomes appropriate. The surge in Treasury yields also weighed on the markets. Asian markets ended mostly higher on Thursday.
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Před 646 dny
Sensex, Nifty Seen Lower As Bond Yields Jump After Weak US Treasury Auction
Indian shares may open lower on Friday, tracking weak global cues and a jump in Treasury yields after Fed Chair Jerome Powell indicated the Fed will make future monetary policy decisions "meeting by meeting" based on the totality of incoming data and the implications for the outlook for economic activity and inflation.
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Před 646 dny
Thai Bourse May Give Up Support At 1,400 Points
The Thai stock market turned lower again on Thursday, one day after snapping the two-day slide in which it had slipped almost a dozen points or 0.8 percent. The Stock Exchange of Thailand now rests just beneath the 1,405-point plateau and it's looking at another soft start again on Friday.
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Před 646 dny
Japanese Market Significantly Lower
Giving up the gains in the previous session, the Japanese stock market is significantly lower on Friday, following the broadly negative cues from Wall Street overnight. The benchmark Nikkei 225 is falling below the 32,400 level, dragged by weakness in index heavyweights and exporters.
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Před 646 dny
Indonesia Shares May Head South Again On Friday
The Indonesia stock market on Thursday ended the two-day slide in which it had slumped almost 75 points or 1.2 percent. The Jakarta Composite Index now sits just beneath the 6,840-point plateau although it's likely to see renewed consolidation on Friday.
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Před 646 dny
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