In Asian Equity Markets stocks were on edge on Friday, hurt by persistent uncertainty around the fate of debt-ridden China Evergrande, even as increased risk appetite drove U.S. stocks and Treasury yields higher. MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed after falling 0.7 percent this week. Australian shares fell 0.4 percent, while the Hong Kong benchmark was mostly flat. Japan’s Nikkei rose 2 percent. Chinese blue chips reversed early losses to gain 0.3 percent after a cash injection from the central bank brought its weekly injection to 270 billion yuan ($42 billion).

In Currency Markets the dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest decline in almost a month overnight, as questions lingered about the fate of embattled property giant China Evergrande Group. The dollar index rose 0.04 percent to 93.142. The dollar gained 0.14 percent to 110.48 yen and earlier touched 110.49 for the first time since Aug. 12. The euro was also mostly flat at $1.1740, after recovering from a more than one-month low of $1.16835 reached on Thursday. Sterling was little changed at $1.3717.

In US Equity Markets stocks gained more than 1 percent on Thursday as investors appeared relieved about the Federal Reserve’s stance on tapering stimulus and raising interest rates. The Dow rose 1.48 percent, to 34,764.82, the S&P 500 gained 1.21 percent, to 4,448.98 and the Nasdaq Composite added 1.04 percent, to 15,052.24. Shares of IT services provider Salesforce finished up 7 percent and the company was a big boost to the S&P and the Dow during the session after it raised its annual earnings forecast. Accenture gained 2.5 percent after the IT consulting firm boosted its first-quarter outlook.

In Commodities Markets oil prices rose on Thursday, supported by growing fuel demand and a draw in U.S. crude inventories as production remained hampered in the Gulf of Mexico after two hurricanes. U.S. crude gained 1.59 percent to $73.38 per barrel and Brent was at $77.25, up 1.39 percent on the day. Spot gold declined 0.9 percent to $1,751.56 per ounce. Platinum edged 0.1 percent lower to $996.30 per ounce, while palladium shed 1.5 percent at $1,992.98, after two sessions of gains. Silver fell 0.2 percent to $22.62.

In European Equity Markets stocks rallied for a third day on Thursday as global sentiment improved on easing concerns about cash-strapped developer China Evergrande, while comments from Bank of England kept London shares under pressure. The pan-European STOXX 600 index rose 0.9 percent. European banks rose 2.2 percent to lead gains. UK’s blue-chip FTSE 100 lagged regional indexes with a 0.1 percent fall after the Bank of England said the case for higher interest rates “appeared to have strengthened” after it nudged up inflation forecasts for the year.

In Bond Markets U.S. Treasury yields rose on Thursday after the Fed opened the door to raising interest rates as early as next year, a potential move that was reinforced by the Bank of England’s outlook on rates and a rate hike by the Norwegian central bank. The yield on benchmark 10-year U.S. Treasury notes rose 8.4 basis points to 1.415 percent, while the 30-year Treasury note topped 1.93 percent, before retreating a bit. The two-year U.S. Treasury yield was up 1.9 basis points at 0.259 percent. The breakeven rate on five-year U.S. Treasury Inflation-Protected Securities was last at 2.489 percent.

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