The Japanese yen loitered just above recent lows, riding a boost from the strongest hints yet of possible market intervention by Japanese authorities. The New Zealand dollar jumped a bit on better-than-expected growth data.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4% and Japan’s Nikkei rose 0.3%.
“The best metaphor is that the Fed is not only driving the economy using a rear view mirror but is now being forced to press the ‘rate rise’ accelerator just as bond markets are discounting an overtightening.” Two-year yields, which track near-term rate expectations, were steady at 3.7860%, up 22 basis points this week for a seventh consecutive weekly gain. The benchmark 10-year yield was at 3.4062%.
The yen pounded some 20% lower against the dollar this year, bounced off its lows a day ago when the Bank of Japan checked dollar-yen rates with banks around the 145 yen per dollar level – a possible prelude to yen buying. It was last at 143.05 per dollar.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Business Maverick: Asia stocks extend global rout in wake of US CPI: market wrapAsian stocks, bonds and currencies tumbled in the wake of the broad-based selloff on Wall Street after hotter-than-expected inflation data fuelled bets for jumbo interest-rate hikes by the Federal Reserve. As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Ruthhermoso made a successful withdrawal of R 200,000 with the help of Ruthhermoso_
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Stock Rout Deepens as Inflation Woes Hit Sentiment: Markets WrapUS stocks extended losses and Treasury yields spiked higher across the board after hotter-than-expected inflation data fueled bets on jumbo rate hikes by the Federal Reserve next week. Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Market Watcher: Inflation, the bearer of bad news[LISTEN] FNB’s Chantal Marx discusses US CPI data hurting markets, pricing pressure in the US economy, the impact of further hike rates, and where there is still opportunity for investors, on SAfm Market Update with Fifi Peters. Download the podcast
Herkunft: Moneyweb - 🏆 5. / 77 Weiterlesen »