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Asian stocks may be choppy despite U.S. Fed inflation shift, COVID outlook

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Treasury yields, dollar gain after Fed's historic policy shift

WASHINGTON - Asian equities are likely to have a bumpy ride on Friday after U.S. stocks scaled new peaks for a third straight day and bond yields surged on the Federal Reserve’s average-inflation strategy, as well as a promising development in curbing the coronavirus pandemic.

As investors tried to digest its ramifications, gold rose, and then fell. Yields gained on longer-dated government bonds fell, and then rose. “The steepening of the yield curve is a welcome addition, particularly on a day when the market is rising,” Keator added.Japan’s Nikkei 225 futures added 0.09%, while the Nikkei 225 index closed the overnight session down 0.35%Hong Kong’s Hang Seng index futures rose 0.05%.

Stocks also rose on news that Abbott Laboratories won U.S. marketing authorization for a COVID-19 portable antigen test that can deliver results in 15 minutes and will sell for $5. Abbott shares rose 7.9%.

 

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The money printing machines keep humming 24by7. Who cares inflation but Biden and the Dems. Republicans and trump just enjoy the lux while it's humming, because they are crooks.

E SE JESUS FOSSE POBRE, NEGRO E CARECA , E TODA VEZ QUE ELE SAÍSSE DE CASA FOSSE CHAMADO DE LADRÃO PELOS POLICIAIS NO POSTO 8 DA BARRA OU PELOS RICOS DA ZONA ZUL DO RJ? E POR QUE DEUS FARIA JESUS NEGRO E NÃO LOIRÃO DOS OLHOS AZUÍS ? POR QUÊ ? POR QUÊ ? POR QUÊ ?

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