In Asian Equity Markets mainland China and Hong Kong stocks fell on Thursday, hurt by worries about the Chinese economy, but an overnight tumble in longer dated U.S. treasury yields lent support to other benchmark indexes. A 0.78 percent decrease for Hong Kong and 0.36 percent decline for blue chips in mainland China pulled MSCI’s broadest index of Asia-Pacific shares outside Japan 0.22 percent lower. But share benchmarks in Australia and Korea were up, while Japan’s Nikkei rose 0.81 percent. Nasdaq futures gained 0.6 percent and S&P500 futures advanced 0.4 percent.

In Currency Markets the dollar edged up on Thursday, supported by expectations for aggressive Federal Reserve monetary tightening, but it was well off the previous day’s peaks amid nervousness about what G7 might say about its rapid appreciation. The greenback firmed 0.34 percent to 128.305 yen. Elsewhere, the euro eased 0.19 percent to $1.0832, while sterling fell 0.13 percent to $1.3052. The Australian dollar retreated 0.25 percent to $0.74325. The New Zealand dollar sank 0.30 percent to $0.67845, hurt by softer-than-forecast consumer price data.

In US Equity Markets the tech-heavy Nasdaq fell on Wednesday as Netflix’s surprise decline in subscribers weighed on both the streaming giant and other high-growth companies, which investors feared may face similar post-pandemic performance issues. The Dow rose 0.71 percent, to 35,160.79, the S&P 500 lost 0.06 percent, to 4,459.45 and the Nasdaq Composite fell 1.22 percent, to 13,453.07. Netflix Inc lost 35.1 percent, its largest one-day fall in over a decade, after it blamed inflation, the Ukraine war and fierce competition for the subscriber decline and predicted deeper losses ahead.

In Commodities Markets oil settled nearly unchanged on Wednesday as broader concerns about economic growth and oil demand stagnation weighed against tightening supplies. Brent crude futures fell 0.4 percent, to settle at $106.80 a barrel. The front-month WTI crude futures contract rose 19 cents to settle at $102.75, unchanged. Spot gold rose 0.1 percent to $1,952.09 per ounce. Spot silver fell 0.1 percent to $25.13 per ounce, platinum fell 0.6 percent to $984.67. Palladium continued its volatile run and rose to $2,476.05, after having risen as much as 4.8 percent in the session.

In European Equity Markets a clutch of positive earnings including from chipmaker ASML and consumer stock Danone, helped European shares rebound on Wednesday, although worries over the Ukraine-Russia war, slowing growth and rising yields kept gains in check. The pan-European STOXX 600 ticked up 0.8 percent making back all of Tuesday’s losses. Danone jumped 5.8 percent after the French food group posted stronger quarterly sales growth and maintained its 2022 targets, while Heineken rose 5.2 percent on a sharper rise in quarterly beer sales, allowing the firm to stick to its 2022 forecast.

In Bond Markets U.S. Treasury yields fell from three-year highs on Wednesday as dip buyers emerged, and 10-year real yields fell back into negative territory, after briefly turning positive for the first time in two years. The 10-year yields were last at 2.886 percent, after reaching 2.981 percent overnight, the highest since Dec. 2018. Two-year yields reached 2.629 percent, also the highest since Dec. 2018, before easing back to 2.600 percent. Yields on 10-year Treasury Inflation-Protected Securities (TIPS) were last at minus 3 basis points, after briefly turning positive and reaching 4 basis points.