Asian stocks drop with oil rally, US CPI in focus: Markets wrap

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Spot gold fell 0.2% to $1 909.81 an ounce.

Stocks fell across Asia as oil prices extended gains ahead of a key US inflation report that may give a better guide on Federal Reserve’s policy outlook.

Treasury two-year yields, which are more sensitive to Fed policy than longer maturities, stayed firm above 5%, while their 10-year peers held at 4.28%. A US 10-year auction Tuesday drew the highest yield since 2007 as investors demand extra compensation for elevated inflation and rising debt issuance.

German bund futures slipped in Asian trading on a report that the European Central Bank expects inflation in the euro zone to remain above 3% next year. The euro was little changed.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 5. in BE

Belgique Dernières Nouvelles, Belgique Actualités