Asia Feels Upward Rates Pressure; GDP Bolsters Yen: Market Wrap
Yields on government bonds opened higher in Australia and Japan while Treasuries held most of their sharp move
2023-06-08 08:55
Bonds Everywhere Are Suffering as Rate-Hike Fears Swamp Traders
Bonds are slumping from the US to Australia as early hawkish signs from this month’s slew of central-bank
2023-06-08 08:52
Japan Economy Grows at Faster Pace as Businesses Spend More
Japan’s economy expanded at a faster pace than initially estimated as businesses ramped up spending, a positive development
2023-06-08 08:21
Global Yields Climb as Traders Lean Toward Fed Hike by July
Amid a slide in global bonds, the Treasury market briefly restored the full pricing of Federal Reserve tightening
2023-06-08 06:45
US Mortgage Applications for Purchases Drop for a Fourth Week
US mortgage applications for home purchases fell for a fourth week as 30-year fixed rates held close to
2023-06-07 20:16
South Africa’s President, Ministers Meet CEOs Amid Investor Angst
South African business sentiment declined to an almost three-year low as persistent power cuts, rising interest rates and
2023-06-07 18:57
Swedes Warm Up to Euro as Krona Approaches All-Time-Lows
The Swedish population has become less hostile to the idea of adopting the euro as the krona is
2023-06-07 14:45
Australia’s Economy Cools as Aggressive Rate Hikes Take Toll
Australia’s economy slowed in the first three months of the year as the Reserve Bank’s aggressive policy tightening
2023-06-07 10:21
Pinduoduo Draws Short Sellers in China’s E-Commerce Price War
One of China’s most popular stock bets of the past year is unraveling fast, weighed by an intensifying
2023-06-07 10:18
Singapore Banks Are So Flush With Deposits That DBS Is Loaning MAS S$30 Billion
Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The
2023-06-07 09:46
Asian Equities Rise With Positive Signs for China: Markets Wrap
Asian stocks rose Wednesday, with hopes for stimulus in China, a positive sign in geopolitics and hints of
2023-06-07 08:59
RBI May Pause Again With Markets Watching for Shift in Stance
The Reserve Bank of India is expected to pause for a second straight month as inflation eases and
2023-06-07 08:49