Today’s Market News |
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Fixed Income
U.S. Treasury yields steadied on Friday, after falling in previous session following comments from Treasury Secretary.
US 2-year yield little changed at 4.2635%, 10-year yield stood at 4.4975%.
Equities
MSCI’s broadest iof APAC ex-Japan (.MIAPJ0000PUS), rose 0.8% in early Asian session, boosted by Hang Seng rise of 1.8%.
China’s CSI300 gained 0.2%, driven by DeepSeek’s reignition of investor interest in China’s technology.
Nikkei up 0.05%, with its gains capped by a stronger yen.
Forex
USD headed for a 3rd straight weekly loss, amidst rising inflation risks and the uncertain impact of Trump’s trade, immigration and other policies.
GBP 2-month high of $1.2674, EUR steadied at $1.0490 ahead of German election.
JPY fell more than 0.4% to 150.28, after having jumped on Thursday on heightened bets of further BOJ rate hikes this year.
Commodities
Oil dipped but headed for a weekly gain.
Brent eased 0.1% to $76.40 a barrel, but were set to rise more than 2% for the week. U.S. West Texas Intermediate crude eased 0.07% to $72.43, but was also on track for a weekly gain of over 2%.
