It should be noted that Australia’s ASX 200 fails to cheer likely improving relations between Canberra and Beijing, by posting nearly 1.0% daily loss, whereas New Zealand’s NZX 50 also declines 0.95% at the latest amid economic fears.
On a broader front, the reduction in the hawkish Fed bets and easing of the inversion gap of the key US Treasury yield curves, namely between 2-year and 10-year bonds, appears to have previously favored the market sentiment amid Fed policymakers’ attempt to talk down a 100 bps rate hike. The same could be witnessed in mild gains of the S&P 500 Futures.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: NBCDFW - 🏆 288. / 63 Read more »