Asian stocks weaken ahead of U.S. CPI, bonds remain on edge By Reuters

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

*GLOBAL STOCKS DECLINE AHEAD OF U.S. CPI INFLATION DATA, BONDS REMAIN ON EDGE AMID UK TURMOIL -

U.S. emini stock futures offered some slight hope though, rising 0.1% following a 0.33% decline in the"I'm more concerned than I've been for some time," said Tom Nash, a fixed income portfolio manager at UBS Asset Management in Sydney.

Treasury yields turned lower after the minutes, reversing an earlier rise, with investors focusing on the dovish undertones in taking yields back from near two-decade highs. The U.S. 10-year benchmark yield ticked up again in Tokyo trading though, and was last 2 basis points higher than Wednesday at 3.923%.

At the same time, the dollar was little changed versus sterling, which had rebounded strongly from a two-week trough of $1.0925 on Tuesday. It last traded at $1.1088.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Asian Stock Market: Traces S&P500 losses ahead of US CPI, oil drops on gloomy outlookMarkets in the Asian domain are following the footprints of the S&P500 as escalating anxiety ahead of the US Consumer Price Index (CPI) release has fo
Source: FXStreetNews - 🏆 14. / 72 Read more »