Asian shares rose on Friday on prospects for a steady economic recovery in China, and after Wall Street reversed losses overnight following remarks by the Atlanta Federal Reserve chief that signalled a measured approach raising U.S. interest rates.
The yield on benchmark 10-year Treasury notes touched 4.0501% compared with its U.S. close of 4.073% on Thursday. The two-year yield , which rises with traders' expectations of higher Fed fund rates, rose to 4.8879%compared with a U.S. close of 4.904%.
Turning to the foreign exchange market, the dollar index , which tracks the greenback against a basket of other major currencies, was down at 104.82. The index is now up more than 1% for the year, but still down from a September high around $114. The dollar eased 0.11% to 136.61 yen , after climbing to 137.10 overnight, the highest since Dec. 20.
The European single currency was up 0.1% on the day at $1.0611, having gained 0.33% in a month, after moving off a nearly two-month low of $1.0533 at the start of the week. In the energy market, oil prices remained firm, boosted by signs of a strong economic rebound in top crude importer China and easing worries of aggressive U.S. rate hikes.Gold was slightly higher. Spot gold was traded at $1840.28 per ounce.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Asian stocks up on hopes Fed will adopt slow approach to more hikesAsian shares rose on Friday after Wall Street reversed losses on signals of a measured policy tightening approach from the U.S. Federal Reserve as well as on prospects of a solid economic recovery in China.
Baca lebih lajut »
Asian Stock Market: Cheers China’s attempt of making peace with US, Tokyo Inflation softensMarkets in the Asian domain have shown a broad-based recovery on Friday, following positive cues from S&P500. The 500-stock basket displayed a signifi
Baca lebih lajut »
Asian stocks rise, China rallies on positive PMI data By Investing.com⚠️BREAKING: *ASIAN-PACIFIC STOCKS JUMP ACROSS THE REGION, CHINA RALLIES ON POSITIVE PMI DATA - 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳
Baca lebih lajut »
Asian stocks rally sputters as China pulls back, higher U.S. yields weighA rally in Asian shares sputtered on Thursday, pressured by a pullback in Chinese stocks and higher U.S. yields amid fears that global central banks would keep raising interest rates to combat sticky inflation.
Baca lebih lajut »
China’s Commerce Ministry: China is prepared to communicate with US to ease trade restrictionsChina’s Vice Commerce Minister said in a statement on Thursday, “China is willing to conduct candid consultations with the US to reduce restrictions o
Baca lebih lajut »
China Caixin Services beats and compliments a slew of positive data from ChinaThe Chinese Caixin Services PMI has been released as follows: Caixin China PMI Services Feb: 55 (est 54.5, prev 52.9). Caixin China PMI Composite Feb:
Baca lebih lajut »