The recession risks also fuelled concerns about demand for oil, and crude prices failed to bounce after the previous day’s 2% fall.
Australia’s stock benchmark was an outlier, eking out a 0.1% gain, buoyed by big gains for Qantas after the airlineUS emini stock futures also offered some slight hope, rising 0.1% following a 0.33% decline in the S&P 500 from overnight. Markets lay 90% odds for another 75 basis-point rate hike in November, versus 10% probability of a half-point bump.Wednesday’s minutes were “not the dovish pivot some market participants are looking for”, Joseph Capurso, head of international economics at Commonwealth Bank of Australia, wrote in a client note.The dollar index, which gauges the greenback against six major rivals, stuck near the middle of its range this week, trading little changed at 113.27.
Benchmark 10-year gilt yields had swung from a fresh 14-year peak at 4.632% to close at 4.429% on Wednesday, little changed from the previous session.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Asian stocks, yields weak on recession fearsMSCI’s broadest index of Asia-Pacific shares slipped 0.54%, the Nikkei 0.53%, the Kospi 1.18% and the Hang Seng 1.02%
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
Asian stocks reach two-year low, dollar bites yen and poundMSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.87%, while the Nikkei share average fell 0.18%
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
Herkunft: SABCNews - 🏆 37. / 51 Weiterlesen »