Stocks in Asia Drop on Weak Oil, China Debt Woes - Asia Market Wrap
- Following losses on Wall Street, shares throughout Asia declined as a result of low oil prices and worries about China's financial stability. After a spike, Treasury bonds fell as
- Following losses on Wall Street, shares throughout Asia declined as a result of low oil prices and worries about China's financial stability. After a spike, Treasury bonds fell as
The global bond rally gathered pace, with dismal economic data in both the US and Europe stoking anticipation that major central banks may lower rates in the next year. Just two
Morning, Traders! It is Wednesday the 6th of December, here are some things to look out for today. Sentiment US equities were poised for modest gains today as a weakening labour market boosted
- Stock markets resumed their rise as traders increased their bets that central bankers are making a worldwide policy shift towards rate cuts, while the US 10-Yr yield rose towards
- US share futures rose following more evidence of a downturn in the labor market, which fueled expectations that the Fed would lower interest rates in an effort to prevent
Treasuries resumed their rally on Tuesday, fueling speculation that the Federal Reserve will be able to cut interest rates next year to avoid a recession. Benchmark 10-year yields fell below 4.2%