Asia stocks mixed as soaring dollar pauses

FILE PHOTO: A passerby walks past an electric monitor displaying recent movements of various stock prices outside a bank in TokyoSINGAPORE - Asian stocks crept higher in a mixed session on Thursday, while the dollar took a breather and bond markets steadied as investors stepped back to assess the interest rate outlook.

U.S. short-term interest rate expectations were little changed but selling of longer-dated bonds abated, and 10-year U.S. Treasury yields fell 7.2 basis points to 4.59% and two-year yields retreated after touching 5%. The yen traded at 154.22 per dollar, close to a three-decade low, and traders are eyeing a breach of 155 as a possible trigger for intervention.

Elsewhere in commodity markets European gas prices have retreated from three-month highs and sharp rallies in metal prices have paused, though not reversed. Baby boomers may have had the best financial start of all the generations -- coming of age when salaries kept up with the cost of living and goods and services were affordable -- but that doesn't mean...The share price of Donald Trump’s beleaguered social media company plunged again this week, but apparently there’s worse to come.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian shares trading mixed after Wall Street’s momentum coolsTOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking. Japan's benchmark Nikkei 225...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishTOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishTOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares are mixed after another Wall Street record dayBANGKOK (AP) — Stocks were mixed Friday in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan’s Nikkei 225 topped 41,000 for ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian benchmarks are mixed while US seems committed to current ratesTOKYO (AP) — Asian shares were trading mixed Wednesday, as expectations resurfaced that U.S. interest rates may stay high for a while. Japan's benchmark...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlookBANGKOK (AP) — Shares were mixed Wednesday in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »