News Formal

Stocks tiptoe towards US manufacturing, jobs data

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 27 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Stock Markets News

Bond Yields,Asia,Federal Reserve

Bond yields drifted higher on Tuesday, while currencies and Asia's stock markets steadied as investors waited on a raft of data to determine how deeply the...

SINGAPORE - Bond yields drifted higher on Tuesday, while currencies and Asia's stock markets steadied as investors waited on a raft of data to determine how deeply the U.S. can cut interest rates.

MSCI's broadest index of Asia-Pacific shares outside Japan ticked 0.1% lower. Japan's Nikkei rose 0.7% and S&P 500 futures were flat. The dollar has steadied along with U.S. yields as focus turns to Friday. Economists forecast the ISM survey improving but remaining in contractionary territory at 47.5 in August.

The dollar was firm at 146.85 yen and traded at $1.1063 per euro in the Asia session. Rallies in the Australian and New Zealand dollars paused for breath, with the Aussie held just below $0.68.

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:

 /  🏆 47. in NG
 

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

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.

Market movers: Stocks seeing action on TuesdayA survey of North American equities heading in both directions
Source: globeandmail - 🏆 5. / 92 Read more »

Market movers: Stocks seeing action on TuesdayA survey of North American equities heading in both directions
Source: globeandmail - 🏆 5. / 92 Read more »

Market movers: Stocks seeing action on TuesdayA survey of North American equities heading in both directions
Source: globeandmail - 🏆 5. / 92 Read more »

Market movers: Stocks seeing action on TuesdayA survey of North American equities heading in both directions
Source: globeandmail - 🏆 5. / 92 Read more »

Markets today: Stocks rally as Powell’s remarks sink bond yieldsStocks rallied and bond yields tumbled after U.S. Federal Reserve Chair Jerome Powell reinforced expectations that the central bank will cut interest rates in September.
Source: BNNBloomberg - 🏆 83. / 50 Read more »