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Asian shares pinned near three-month lows, dollar towers at 2-yr peak- Dec 20

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Today’s Market News

Key developments that could provide more direction to markets on Friday:

China interest rate decision

Japan CPI inflation (November)

Malaysia CPI inflation (November)

Index Last Change % Change
trading higher

42,342.24 +15.37 0.04%Positive
trading lower

19,372.77 -19.92 0.10%Negative
trading lower

5,867.08 -5.08 0.09%Negative
Index Last Change % Change
trading higher

38,837.41 +23.83 0.06%Positive
trading higher

19,787.90 +35.39 0.18%Positive
trading lower

79,074.18 -143.87 0.18%Negative
Source: LSEG, opens new tab – data delayed by at least 15 minutes

Fixed income

US 10-year yields jumped 40 bps over the past two weeks to cross above 4.5% for the first time since May.

Equities

MSCI’s broadest of APAC ex-Japan fell 0.4%, headed for a weekly drop of 2.6%, up over 8% for the year.

Nikkei rose 0.2%, up 16% for the year.

China’s slipped 0.3%, Hang Seng up 0.2%. PBOC left rates unchanged, matching market expectations.

Forex

DXY at 2-year peak of 108.45

JPY at 157.5.

Commodities

U.S. crude down 0.5% to $69.06, 2.7% lower for the week.

XAU set for a 1.9% fall this week to $2,598.

 

 

For more news visit Reuters.com