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Key developments to markets on Wednesday: |
|
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
44,556.04 | +134.13 | 0.30%Positive |
|
trading higher
Nasdaq Composite Index
.IXIC |
19,654.01 | +262.06 | 1.35%Positive |
|
trading higher
S&P 500 Index
.SPX |
6,037.88 | +43.31 | 0.72%Positive |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
Nikkei Index
.N225 |
38,727.19 | -71.18 | 0.18%Negative |
|
trading lower
Hang Seng Index
.HSI |
20,612.27 | -177.69 | 0.85%Negative |
|
trading higher
S&P BSE SENSEX Index
.BSESN |
78,583.81 | +1397.07 | 1.81%Positive |
Fixed Income
2-year US Treasuries yield back at 4.226% and off a peak of 4.282% hit on Monday.
Equities
S&P 500 futures dipped 0.2%.
Wall Street futures knocked by sharp drop in (GOOGL.O), shares as earnings disappointed.
EUROSTOXX 50 futures , FTSE futures, DAX futures down around 0.1% amid lingering risk of traiffs.
MSCI’s broadest of APAC ex-Japan (.MIAPJ0000PUS), added 0.8%.
Nikkei edged up 0.3%. KOSPI bounced 1.2%.
Asian stocks steady on Wednesday amid hopes U.S. tariffs would not be as painful
China’s CSI 300 return from holiday with a rise of 0.7%.
Forex
USD surrendered some recent gains as investors saw a little more scope for Fed to ease policy, sparking a rally in Treasuries.
Beijing set a firm fix for its yuan, countering concerns it might allow the currency to slide to offset the impact of tariffs on its exports.
DXY down at 108.060 from Monday’s spike top of 109.880.
EUR firmed $1.0384 , a remarkable round trip from 2-year trough of $1.0125 struck on Mon.
JPY 7-week low at 153.49 , breaking support at 153.72.
Commodities
Gold fresh all-time high at $2,848 aided in part by the pullback in USD and yields.
Brent rose 5 cents to $725, US crude added 17 cents to $72.87 per barrel.
For more news visit Reuters.com
