Featured Author, Invest 101

Asia wary of Fed rate future, China data disappoints – Dec 16

Posted on
by
Index Last Change % Change
trading lower

43,828.06 -86.06 0.20%Negative
trading higher

19,926.72 +23.88 0.12%Positive
trading lower

6,051.09 -0.16 0.00%Negative
Index Last Change % Change
trading higher

39,533.55 +63.11 0.16%Positive
trading lower

19,857.95 -113.29 0.57%

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

Fixed Income

Interest rates expectation this week: Fall in US and Sweden, steady in Japan, UK and Norway.
US 10-year notes up at 4.39%, having climbed 24 basis points last week alone.

Equities

China’s (.CSI300), eased 0.2%, having dropped more than 2% last Friday.
MSCI’s broadest of APAC ex-Japan (.MIAPJ0000PUS), opens new tab flat.
Nikkei edged up 0.1%, KOSPI steadied on pledges of government support.

Forex

DXY at 106.870, after rising 0.9% last week.
USD firm on JPY at 153.93 , having jumped almost 2.5% last week.
EUR wobbly at $1.0518 , not helped by Moody’s unexpectedly downgraded France on Friday.
Bitcoin surging to a record high above $105,000.

Commodities

Gold at $2,651 restrained by firm dollar and higher bond yields.
Oil around 3-week highs by expectations that additional sanctions on Russia and Iran could tighten supplies.
Brent down 13 cents at $74.36, U.S. crude eased 22 cents to $71.07 per barrel.

For more news visit Reuters.com