Market mind: Dollar glimmers in broad market gloom

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

A look at the day ahead in European and global markets from Tom Westbrook German and Spanish inflation data and European consumer confidence data due today ...

A look at the day ahead in European and global markets from Tom Westbrook German and Spanish inflation data and European consumer confidence data due today seem unlikely to pierce the gloom that'sA look at the day ahead in European and global markets from Tom Westbrook

Oil's spike to one-year highs has poured fuel on selling in the bond market and further pumped up the dollar, while global stocks have dropped for nine sessions in a row. The greenback stands at a 10-month high against a basket of other majors, and 10-year Treasury yields are hovering at a 16-year peak. [MKTS/GLOB]

The Republican presidential candidates' debate on Wednesday produced no breakout that could upend a race Donald Trump has dominated for months. Evergrande, the world's most indebted developer with more than $300 billion in total liabilities, is at the centre of an unprecedented liquidity crisis in China's property sector, which accounts for roughly a quarter of the economy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Market mind: Dollar glimmers in broad market gloomGerman and Spanish inflation data and European consumer confidence data due today seem unlikely to pierce the gloom that's enveloped markets in recent days. Oil's spike to one-year highs has poured fuel on selling in the bond market and further pumped up the dollar, while global stocks have dropped for nine sessions in a row. The greenback stands at a 10-month high against a basket of other majors, and 10-year Treasury yields are hovering at a 16-year peak.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Higher yields weigh on European shares, luxury stocks enter bear market territoryBy Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fourth day on Tuesday, with rate-sensitive technology and real estate ...
Source: SaltWire Network - 🏆 45. / 63 Read more »

Dollar Gains Heap Pressure on Emerging-Market Stocks, CurrenciesEmerging-market stocks fell to the lowest level since March as a strengthening dollar and elevated US yields damped investor appetite for riskier assets.
Source: BNNBloomberg - 🏆 83. / 50 Read more »