International Business Weekly
  • Home
  • News
  • Politics
  • Business
  • National
  • Culture
  • Lifestyle
  • Sports
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • National
  • Culture
  • Lifestyle
  • Sports
No Result
View All Result
International Business Weekly
No Result
View All Result
Home National

U.S. Yields Sink Amid Dovish Fed Signals; HK Stocks Slip On COVID Concerns

November 25, 2022
in National
0
U.S. Yields Sink Amid Dovish Fed Signals; HK Stocks Slip On COVID Concerns
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022.

U.S. long-term Treasury yields sank to a more than seven-week trough on Friday while the dollar drooped near recent lows against other major currencies peers as markets continued to digest dovish signals from the Federal Reserve.

Expectations of a less aggressive pace of U.S. monetary tightening from as soon as next month continued to support some stock markets in Asia, but Hong Kong’s Hang Seng dropped sharply as record COVID-19 infections in China dimmed the outlook.

The 10-year Treasury yield dipped to 3.659%, the lowest since Oct. 5 in Tokyo trading, after Thursday’s U.S. Thanksgiving holiday. The two-year yield slipped to a one-week bottom at 4.44%.

The dollar index, which measures the greenback against the euro, yen and four other rivals, hovered not far from Thursday’s low of 105.62, and last stood at 105.86.

A “substantial majority” of Fed policymakers had agreed it would “likely soon be appropriate” to slow the pace of interest rate rises, minutes of their latest meeting showed on Wednesday.

Futures markets show investors now see U.S. rates peaking just above 5% around May, and are pricing in roughly two-thirds odds that the Fed slows to a half-point hike on Dec. 14 from a string of 75-basis-point increases.

“Having seen the way the market has reacted – equities rally, bond yields fall and the dollar weakens – if I was the Fed, I’d be thinking I had better go and say something really hawkish now, because otherwise the last 75 basis points of tightening I’ve done are basically pointless, and the next 50 are just going to be swallowed up by the market going, ‘Don’t worry about it, the pivot is coming’,” said ING economist Rob Carnell.

“You want your rate hikes to mean something, so I think once everyone has digested their turkey and gotten back to work – probably early next week – we’re going to hear some pretty hawkish stuff coming out of the Fed.”

U.S. S&P 500 E-mini futures pointed 0.2% higher for the restart of Wall Street trading on Friday.

Asia-Pacific share markets were mixed, with Australia’s benchmark managing a 0.35% rise, but a tech-led selloff in Hong Kong shares weighing on sentiment in other parts of the region.

The Hang Seng dropped 0.93%, with the tech sector tumbling 2.22%.

Japan’s Nikkei slumped 0.34% and South Korea’s Kospi lost 0.31%.

China reported record high COVID infections on Thursday, with cities nationwide imposing localised lockdowns, mass testing and other curbs, snuffing out recent optimism about the world’s second largest economy moving from strict zero-COVID policies to living with the disease.

“Investors are right to be worried,” said ING’s Carnell. “They still in China don’t have the adequate health network that they would be able to deal with a full-on outbreak with lots of people getting sick.”

Mainland Chinese blue chips, though, rose 0.51%, buoyed by government measures to support the real estate market. An index of property developer shares surged 5.33%.

Oil rose slightly, paring a little of this week’s losses, which have been driven by worries about Chinese demand and expectations a high price cap planned by the Group of Seven nations on Russian oil will keep supply flowing. [O/R]

Brent crude futures inched up 13 cents, or 0.2%, to $85.47 a barrel.

U.S. West Texas Intermediate (WTI) crude futures jumped 35 cents, or 0.5%, from Wednesday’s close to $78.32 a barrel. There was no WTI settlement on Thursday due to the U.S. holiday.

Both contracts were headed for their third consecutive weekly decline, on track to fall about 2%.

Gold ticked 0.2% higher to $1,758.44 an ounce amid dollar weakness.



Source link

Tags: ConcernsCovidDovishFedSignalsSinkSlipStocksYields
Brand Post

Brand Post

I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Related Posts

Ryanair Annual Profit Drops 16% As Fares Fall
National

Ryanair Annual Profit Drops 16% As Fares Fall

May 19, 2025
China’s Xiaomi To Invest Nearly $7 Bn In Chips
National

China’s Xiaomi To Invest Nearly $7 Bn In Chips

May 19, 2025
Tanzania Opposition Leader Defiant As He Appears For Treason Trial
National

Tanzania Opposition Leader Defiant As He Appears For Treason Trial

May 19, 2025
Next Post
Russia Could See New Wave Of COVID-19 Infections, Health Ministry Says

Russia Could See New Wave Of COVID-19 Infections, Health Ministry Says

Messi On Brink As Argentina Look To Salvage World Cup

Messi On Brink As Argentina Look To Salvage World Cup

Female Colombian Judge Suspended After Appearing on Virtual Court Hearing in Her Underwear, Smoking in Bed

Female Colombian Judge Suspended After Appearing on Virtual Court Hearing in Her Underwear, Smoking in Bed

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ABOUT US

International Business Weekly is an American entertainment magazine. We cover business News & feature exclusive interviews with many notable figures

Copyright © 2024 - International Business Weekly

  • About
  • Advertise
  • Careers
  • Contact
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel

Copyright © 2024 - International Business Weekly

سایت کازینو,سایت کازینو انفجار,سایت انفجار هات بت,سایت حضرات ,بت خانه ,تاینی بت ,سیب بت ,ایس بت بدون فیلتر ,ماه بت ,دانلود اپلیکیشن دنس بت ,بازی انفجار دنس,ازا بت,ازا بت,اپلیکیشن هات بت,اپلیکیشن هات بت,عقاب بت,فیفا نود,شرط بندی سنگ کاغذ قیچی,bet90,bet90,سایت شرط بندی پاسور,بت لند,Bababet,Bababet,گلف بت,گلف بت,پوکر آنلاین,پاسور شرطی,پاسور شرطی,پاسور شرطی,پاسور شرطی,تهران بت,تهران بت,تهران بت,تخته نرد پولی,ناسا بت ,هزار بت,هزار بت,شهر بت,چهار برگ آنلاین,چهار برگ آنلاین,رد بت,رد بت,پنالتی بت,بازی انفجار حضرات,بازی انفجار حضرات,بازی انفجار حضرات,سبد ۷۲۴,بت 303,بت 303,شرط بندی پولی,بتکارت بدون فیلتر,بتکارت بدون فیلتر,بتکارت بدون فیلتر, بت تایم, سایت شرط بندی بدون نیاز به پول, یاس بت, بت خانه, Tatalbet, اپلیکیشن سیب بت, اپلیکیشن سیب بت, بت استار, پابلو بت, پیش بینی فوتبال, بت 45, سایت همسریابی پيوند, بت باز, بری بت, بازی انفجار رایگان, شير بت, رویال بت, بت فلاد, روما بت, پوکر ریور, تاس وگاس, بت ناب, بتکارت, سایت بت برو, سایت حضرات, سیب بت, پارس نود, ایس بت, سایت سیگاری بت, sigaribet, هات بت, سایت هات بت, سایت بت برو, بت برو, ماه بت, اوزابت | ozabet, تاینی بت | tinybet, بری بت | سایت بدون فیلتر بری بت, دنس بت بدون فیلتر, bet120 | سایت بت ۱۲۰, ace90bet | acebet90 | ac90bet, ثبت نام در سایت تک بت, سیب بت 90 بدون فیلتر, یاس بت | آدرس بدون فیلتر یاس بت, بازی انفجار دنس, بت خانه | سایت, بت تایم | bettime90, دانلود اپلیکیشن وان ایکس بت 1xbet بدون فیلتر و آدرس جدید, سایت همسریابی دائم و رایگان برای یافتن بهترین همسر و همدم, دانلود اپلیکیشن هات بت بدون فیلتر برای اندروید و لینک مستقیم, تتل بت - سایت شرط بندی بدون فیلتر, دانلود اپلیکیشن بت فوت - سایت شرط بندی فوت بت بدون فیلتر, سایت بت لند 90 و دانلود اپلیکیشن بت 90, سایت ناسا بت - nasabet, دانلود اپلیکیشن ABT90 - ثبت نام و ورود به سایت بدون فیلتر, https://planer4.com/, http://geduf.com/,, بازی انفجار, http://foreverliving-ar.com/, https://wediscusstech.com/, http://codesterlab.com/, https://www.9ja4u.com/, https://pimpurwhip.com/, http://nubti.com/, http://www.casinoherrald.com/, http://oigor.com/, http://coinjoin.art/, بازی مونتی