International Finance: Asian stocks rise on China rebound, while dollar falls: markets wrap

📆 11/29/2022 1:39 AM
📰 dailymaverick

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 84%

United States News News

United States United States Latest News,United States United States Headlines

A gauge of Asian stocks climbed as Chinese shares rebounded from the selloff sparked by nationwide unrest over Covid curbs. The dollar weakened against most major currencies as demand for haven assets eased.

A gauge of the dollar fell following two days of gains. The Japanese yen rose, as did an index of emerging-markets currencies.

Treasuries were little changed. Benchmark government yields made small gains in Australia and New Zealand.Investors remained focused on developments in China on Tuesday, and further ahead to Fed chief Jerome Powell’s speech on Wednesday.

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:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COVID-19: Prague Christmas market returns after Covid-19 but with fewer lightsPRAGUE, Nov 27 (Reuters) - Thousands of people poured into Prague's medieval Old Town Square at the weekend for the lighting of a 25-metre (80-foot) Christmas tree and the reopening of the annual market after a two-year Covid-19 shutdown, but the energy crisis meant fewer lights than usual.
Source: dailymaverick - 🏆 3. / 84 Read more »

Asian stocks and oil slump on China’s Covid-19 protestsThe market dislikes uncertainties such as the demonstrations that are difficult to price, causing investors to become more risk-averse, analyst says
Source: BDliveSA - 🏆 12. / 63 Read more »