Asian Stocks Set for Cautious Open as Oil Climbs: Markets Wrap

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Asian equity futures pointed to a cautious open for stock markets around the region on Wednesday after US shares fell and a rally in oil increased concern about inflation.

US Treasuries sank, adding to the downdraft, with yields pushing up across the curve as at least 40 businesses tapped high-grade markets around the world Tuesday.

Meanwhile, the greenback remained elevated a US yields advanced, with the 10-year maturity approaching 4.3%. The surge in corporate debt issuance followed a seasonal slowdown and the recent rise in Treasury rates. About half of the corporate deals — or over $36 billion of new bonds — were sold in the US.

The yuan is also likely to be in focus as China tries to address its slide amid broad concerns over the nation’s economic health.

 

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แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Asia Stocks Look Set to Advance Amid US Holiday: Markets WrapAsian stocks looked set for modest gains as traders mulled US jobs data that supported optimism the Federal Reserve is nearing the end of its tightening cycle. US markets are shut Monday for the Labor Day holiday.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »

Asia Stocks Set to Fall as China Property in Focus: Markets WrapAsian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »