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Stocks edge lower as Middle East conflict pushes oil higher – Oct 4

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Fixed Income

Two-year Treasury yields were last up at 3.7095% on Thursday, while benchmark 10-year yields were last up at 3.853%.

Equities

Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab had earlier shed 1.3% overnight, largely driven by Hong Kong stocks (.HSI), opens new tab sagging after a sizzling rally, with several markets, including mainland China and South Korea, closed for the day.

Nikkei (.N225), opens new tab, however, ended up nearly 2% after the country’s newly elected prime minister Shigeru Ishiba said it was not the time to raise interest rates after meeting with BOJ.

Forex

DXY rose to a six-week high, reaching 102.09, the highest since Aug. 19. It last rose 0.33% to 101.98. The euro was slightly down at $1.1026 , and not far from Wednesday’s low of $1.10325, a level last seen on Sept. 12.

Commodities

Gold prices flat as the U.S. dollar strengthened against major currencies.

XAU fell 0.01% to $2,657.24 an ounce, while U.S. gold futures settled 0.4% higher at $2,679.2.

 

Index Last Change % Change
trading lower

42,011.59 -184.93 0.44%Negative
trading lower

17,918.48 -6.65 0.04%Negative
trading lower

5,699.94 -9.60 0.17%Negative
Index Last Change % Change
trading higher

38,582.30 +30.24 0.08%Positive
trading lower

22,090.35 -23.16 0.10%Negative
trading lower

82,497.10 -1769.19 2.10%Negative

Source: LSEG, opens new tab – data delayed by at least 15 minutes

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