Stocks set for strongest week of 2023 on interest rate cheer

N.S. flood victim surprised by apartment makeover | SaltWireSINGAPORE - Stocks were headed for their biggest weekly rise in a year on Friday, while bonds rallied and the dollar was on the back foot as investors cheered a pause in U.S. interest rate hikes.Benchmark 10-year Treasury yields are down more than 20 basis points in two sessions since the U.S. Federal Reserve left rates on hold on Wednesday and Chair Jerome Powell said risks to the outlook for rates settings was balanced.

"As logical as that is ... Powell did warn that for higher bond yields to forestall another hike, they'd need to stay high, so markets can't have their proverbial cake and eat it too." Ten-year gilts had their sharpest rally in more than a month, sending yields almost 12 basis points lower to 4.39%. Ten-year German bund yields also fell on Thursday, though only by 4.6 bps to 2.71%.

The Australian dollar is up 1.5% to $0.6430 and has broken above its 50-day moving average. The New Zealand dollar is not far behind with a 1.4% gain to $0.5892.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stocks set for strongest week of 2023 on interest rate cheerStocks were headed for their biggest weekly rise in a year on Friday, while bonds rallied and the dollar was on the back foot as investors cheered a pause in...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Yen Plunges to 2023 Low; Asia Stocks to Open Mixed: Markets WrapChina’s Central Bank Drains Liquidity After Overnight Rate Surge. Asia’s Factories Grapple With Rising Costs Amid Israel-Hamas War. Indian Energy Producer AM Green Seeks $1 Billion Funding, Sources Say. Oil Edges Higher After Giving Up War Premium on Shaky Demand. Macro Hedge Funds Bounce Back After Heavy Losses in First Half. Daiwa Announces Share Buyback as Profit Climbs on Retail Business. Indians Splurge Big on Festive Season Sales, Buoying Economy. Two Sigma to Spin Out Impact Arm as Internal Frustrations Simmer. Women less likely than men to request a raise, negotiate salary: surveys. Many Canadians 'uncomfortably close to broke': MNP. Many Canadians stuck in 'chaotic whirlwind of personal finance stress': Edward Jones. Canadian tech workers make 46% less than U.S
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »