Featured Author, Invest 101

Asian stocks dive after Fed flags slower rate cuts, BOJ decision awaited – Dec 19

Posted on
by
Index Last Change % Change
trading lower

42,326.87 -1123.03 2.58%Negative
trading lower

19,392.69 -716.37 3.56%Negative
trading lower

5,872.16 -178.45 2.95%Negative
Index Last Change % Change
trading lower

38,670.25 -411.46 1.05%Negative
trading lower

19,678.89 -185.66 0.93%Negative
trading lower

80,182.20 -502.25 0.62%Negative

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

Fixed Income

U.S. 10-year notes touched 7-month high of 4.524% on Wednesday, last at 4.51% in early Asian hours.

Equities

MSCI’s global (.MIWD00000PUS), fell 8.93 points, or 1.03%, to 855.09.
STOXX 600 (.STOXX),  rose 0.15%.
MSCI’s broadest of APAC ex-Japan down 1.0%. Nikkei fell 1.8%.

Forex

DXY highest since November 2022 on Wednesday, last at 108.15 early Thursday.
EUR down 1.13% at $1.037.
JPY last fetched 154.81, having touched a 1-month low of 154.88 earlier in the session, down more than 8% YTD, set for a 4th straight year of decline.
Bitcoin eased to $100,340 after dropping 5% on Wednesday

Commodities

Oil prices settled higher in the wake of the Fed’s decision.
U.S. crude rose 0.71% to settle at $70.58, Brent settled at $73.39 , up 0.27% on the day.
Gold fell in opposition to the greenback.
XAU fell 1.94% to $2,594.24.
For more news visit Reuters.com