Marketmind: Stocks break higher, but for longer too?

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Explore stories from Atlantic Canada.

Asian markets are set to open higher on Tuesday as investors look through developments in the Middle East and rising geopolitical tensions, and take heart from an otherwise more benign U.S. economic and corporate backdrop.

The Aussie dollar is languishing near a one-year low against the U.S. dollar, but snapped a three-day losing streak and rose 0.8% on Monday. A simple rolling 30-day correlation between the S&P 500 and the ICE BofA U.S. Treasury bond index dipped to 0.88 on Monday, still an extremely high level but the lowest this month and down from 0.94 last week.

Or does Wall Street's resilience conduct investment flows into the U.S. between now and the end of the year, and away from other regions like Asia and emerging markets?

 

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:

 /  🏆 45. in BUSÄ°NESS

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.

Marketmind: Stocks break higher, but for longer too?Asian markets are set to open higher on Tuesday as investors look through developments in the Middle East and rising geopolitical tensions, and take heart...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Marketmind: Stocks ease in nervous Gaza waitA nervous watch has gripped markets as Israel prepares to roll troops into Gaza and worries mount that the conflict with Hamas will spill across borders...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Marketmind: Stocks ease in nervous Gaza waitExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »