-- Shares rose in Asia after stocks and bonds rallied on Wall Street, bringing some relief to financial markets after a series of punishing losses. Traders’ focus now turns to Friday’s US jobs data.Apple Considered, Rejected Switch to DuckDuckGo From Google
The dollar fell against all its Group-of-10 peers, with the yen strengthening as much as 0.6%. Traders had speculated about official Japanese intervention in the market Tuesday when the currency spiked higher after touching 150 per dollar. However, early indications show that may not have been the case.
An out-lier, Japan’s 20-year sovereign bond yield jumped to the highest level since 2013 following a weak auction of super-long-dated debt. Elsewhere in Asia, Taiwan shares rose, apparently shrugging off news that officials will investigate whether local firms helping Huawei Technologies Co. with chipmaking plants in China violated US sanctions. Sri Lanka’s central bank cut its benchmark rate for a third time this year to help revive economic growth.
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