Yen Steady Ahead of BOJ, Asia Stocks Set to Fall: Markets Wrap

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 43 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Bloomberg Noticias

Bank Of Japan,Tony Sycamore,Equity Markets

(Bloomberg) -- Stocks in Asia are poised to fall Friday, while the yen traded in a narrow range as markets awaited the outcome of the Bank of Japan’s two-day...

-- Stocks in Asia are poised to fall Friday, while the yen traded in a narrow range as markets awaited the outcome of the Bank of Japan’s two-day policy meeting.The Japanese currency hovered around the 157.14 per dollar mark as the central bank is widely expected to consider reducing bond purchases. The policy board will hold its benchmark rate in a range between 0 and 0.1%, according to economists surveyed by Bloomberg.

“The breadth was poor. It was tech that saw all the gains,” said Chris Weston, head of research at Pepperstone Group in Melbourne. “The weights of tech stocks on Asian equity markets is far lower.”Australian yields fell in early trading Friday, tracking Treasuries which saw 10-year yields falling seven basis points to 4.24%. The producer price index unexpectedly declined the most in seven months, adding to evidence that inflationary pressures are moderating.

Elsewhere, the European Union’s bonds got hit as bets they would soon be added to key sovereign benchmarks received a blow, undermining the bloc’s efforts to broaden the appeal of its debt. Heightened political risk in France drove the premium on the nation’s 10-year bonds to the widest since 2017 over German peers. The euro fell as French election worries weigh.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Asian Stocks Set to Fall, Yen Steady Ahead of BOJ: Markets WrapStocks in Asia are poised to fall in early Friday trading as a rally in US shares outside of AI-related names stalled. The yen was steady ahead of a Bank of Japan policy decision.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »

Stocks regain some ground, bonds steady after rate angst sell-offThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »

Premarket: Stocks, bonds steady after rate angst selloffThe latest slowdown in the global risk rally has come on the back of data pointing to lingering inflationary pressures and a flood of bond sales lifting yields
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Markets today: European stocks steady as traders assess rate pathEuropean shares struggled for traction in thin trading after a European Central Bank official warned that policy will have to stay restrictive all year.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »