London — Europe’s stock markets held their own on Wednesday after doubts emerged about fresh US stimulus, while it was shaping up to be another wild day for gold and silver, as well as Turkey’s troubled lira.
Mixed sentiment had dragged on Asian stocks as sniping continued between China and the US. Beijing had also reported weaker-than-expected loan growth, while the US Senate’s majority leader described stimulus talks there overnight as “at a bit of a stalemate”. Barring a bipartisan deal on stimulus, the US economy could be left with measures US President Donald Trump called for on Saturday through executive orders to bypass Congress.
The 10-year US treasuries yield climbed a couple of basis points to 0.67% in Europe to stay at a one-month high. The 10-year yield and 30-year yields saw their biggest increases in more than a month on Tuesday, while the 2s10s curve steepened 4.6bps, the most since June 5. The gap between US two-year and 10-year treasury yields is a metric closely watched for signs of a slowdown.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World stocks edge to 5-month high on hopes of US stimulus packageInvestors are still cautious, however, as South Korean exports drop and the UK sees its biggest loss of jobs since 2009
Source: BDliveSA - 🏆 12. / 63 Read more »
How to ready your business for the challenges and opportunities of the new worldOne locally founded business that has taken the leap in terms of operating abroad is InfoSlips – a decade-old business that has reinvented documents and turned them into useful and easy to understand interactive experiences. Read more.
Source: BDliveSA - 🏆 12. / 63 Read more »
How to ready your business for the challenges and opportunities of the new worldRegister for the next conversation on how to succeed in a crowded e-commerce space on August 27 2020
Source: BDliveSA - 🏆 12. / 63 Read more »
SA tarnished by abusive captive lion industry on World Lion Day, says watchdogHumane Society International South Africa has highlighted the shocking fact that there almost four times more lions in cruel captivity in the country than there are in the wild. WorldLionDay
Source: IOL - 🏆 46. / 51 Read more »
World stocks edge to 5-month high on hopes of US stimulus packageInvestors are still cautious, however, as South Korean exports drop and the UK sees its biggest loss of jobs since 2009
Source: BDliveSA - 🏆 12. / 63 Read more »