Asia stocks find some footing, Nikkei still choppy

FILE PHOTO: Pedestrians walk past an electronic board showing the graphs of the recent fluctuations of Japan's Nikkei average outside a brokerage in Tokyo, Japan, February 9, 2016. A drop in bank shares kept European shares under pressure on Tuesday, after losses in Asian markets sent investors scurrying for safe havens. REUTERS/Yuya Shino/File PhotoSYDNEY: Asian share markets were mostly firmer on Wednesday after Wall Street bounced and concerns about a U.S.

"If the market stays at its current level, the GPIF could become a net buyer by end-September, and a view that unwinding of yen carry trades is almost over has also emerged." The dollar edged up 0.2 per cent to 144.67 yen and away from the 141.675 trough hit on Monday, though it remains far below its July peak of 161.96.MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4 per cent, while Korean stocks added 0.8 per cent.

With safe-haven in less demand, Treasury yields ticked higher for a second session. U.S. 10-year yields were up at 3.908 per cent, and well off Monday's low of 3.667 per cent. Fears of an imminent U.S. recession had also faded a little as the run of economic data still pointed to solid economic growth in the current quarter.

México Últimas Noticias, México Titulares

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

Asian stocks tank after US data fans recession fears; Japan's Nikkei sinksSYDNEY: Share markets tumbled and bonds rallied in Asia on Monday (Aug 5) as fears the United States could be heading for recession sent investors rushing from risk assets while wagering that rapid-fire rate cuts will be needed to rescue growth.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

Stock market rout worsens in Asia: Singapore share index sinks 4.6%, Japan dives 12%Fears the US could be heading for recession sent investors rushing from risk assets.
Fuente: straits_times - 🏆 5. / 69 Leer más »

Asian stocks rebound from rout as Fed faces calls to cut rates earlyHONG KONG: Asian equities rallied on Tuesday (Aug 6) after the previous day's global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its next meeting.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »