Today’s Market News |
Asia market summary
- The Philippines, Thailand, Taiwan – CPI inflation (August)
- Malaysia central bank interest rate decision
- South Korea GDP (Q2, revised)
Fixed Income
U.S. Treasuries, yields were lower and earlier in the day, the closely watched yield curve between two-year and 10-year notes turned positive after data showed that U.S. job openings fell to a 3-1/2-year low in July.
Two-year U.S. Treasury yield hit its lowest since May last year,
Equities
MSCI’s gauge of stocks across the globe (.MIWD00000PUS), opens new tab fell 4.40 points, or 0.54%, to 815.07. Earlier Europe’s STOXX 600 (.STOXX), opens new tab index fell had closed down 0.97%.
Forex
USD eased against most major currencies after the July U.S. job openings data tilted the odds further in favor of larger U.S. rate cuts while the yen benefited from a safe haven bid.
The dollar index, DXY, fell 0.39% at 101.30.
The euro was up 0.34% at $1.108 while against the Japanese yen , the dollar weakened 1.17% to 143.77.
Commodities
Brent crude oil hit its lowest this year and is down 8% this week.
Crude oil futures settled down more than 1% in their third straight day of declines, including a more than 4% loss on Tuesday, due to fears about demand for coming months.
Gold prices reversed course to gain ground with help from a softer dollar and lower yields after the weak data on U.S. job openings. Spot gold inched up 0.07% to $2,494.43 an ounce.
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
40,974.97 | +38.04 | 0.09%Positive |
|
trading lower
Nasdaq Composite Index
.IXIC |
17,084.30 | -52.00 | 0.30%Negative |
|
trading lower
S&P 500 Index
.SPX |
5,520.07 | -8.86 | 0.16%Negative |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
Nikkei Index
.N225 |
37,043.80 | -3.81 | 0.01%Negative |
|
trading higher
Hang Seng Index
.HSI |
17,509.01 | +51.67 | 0.30%Positive |
|
trading lower
S&P BSE SENSEX Index
.BSESN |
82,352.64 | -202.80 | 0.25%Negative |
For more news, visit reuters.com
