latest: South Korea holds interest rate amid property concernsToday’s Market News |
Key developments in Asian markets on Thursday: |
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Fixed Income
U.S. Treasury yields drifted lower. The yield on benchmark U.S. 10-year notes fell 2.3 basis points to 3.795%, from 3.818% late on Tuesday. The 2-year yield, which typically moves in step with interest-rate expectations, fell 6.9 bp to 3.9305%, from 4% late on Tuesday.
Equities
Earlier in Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab fell 0.3%.
Hong Kong’s Hang Seng (.HSI), opens new tab was down 0.7% with JD.com (9618.HK), opens new tab dropping 8.7% as top shareholder Walmart (WMT.N), opens new tab moved to sell its large stake.
Japan’s Nikkei (.N225), opens new tab fell 0.3% as a recovery from its collapse in early August runs into resistance around the 38,000 level.
Forex
The falling dollar has spurred gold to record highs and returned the yen to 145.135 per dollar from last month’s 38-year trough.
The euro is also up around 3% in August and, at around $1.115, is at its highest since early December.
Commodities
Gold prices hovered around $2,510 an ounce, near record levels touched on Tuesday.
Oil prices fell again on Wednesday. U.S. crude lost 1.69% to $71.93 a barrel and Brent fell to $76.05 per barrel, down 1.49%.
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
40,890.49 | +55.52 | 0.14%Positive |
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trading higher
Nasdaq Composite Index
.IXIC |
17,918.99 | +102.05 | 0.57%Positive |
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trading higher
S&P 500 Index
.SPX |
5,620.85 | +23.73 | 0.42%Positive |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
Nikkei Index
.N225 |
38,315.37 | +363.57 | 0.96%Positive |
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trading higher
Hang Seng Index
.HSI |
17,457.36 | +66.35 | 0.38%Positive |
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trading higher
S&P BSE SENSEX Index
.BSESN |
80,905.30 | +102.44 | 0.13%Positive |
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