Stocks Fall, Treasuries Hold Rally on Growth Worry: Markets Wrap: Capital markets
Stocks go down, government bonds go up with growth Concerns: Markets go up
Most Asian stocks fell Wednesday and the Treasury is concerned about the economic Capital markets recovery from the pandemic, strains of the virus, and China’s control over the tech sector. US equity contracts fluctuated.
Japanese stocks tumbled, but Australian stocks hindered Sydney’s expansion near Covid-19. Chinese tech companies retreated to Hong Kong when cybersecurity giant Didi Global Inc., the S&P 500, crashed and the Nasdaq 100 crashed overnight. The European future has grown.
Ten-year government bond yields hit a low in February, partly due to slower-than-expected growth in the services sector, with short-term hedges exacerbating the move. Australian and New Zealand stocks have skyrocketed. The dollar continued to rise.
While global action is responsible for nearly all marches, inflationary pressures, lessening central bank stimulus, and the spread of Covid-19 tensions are potential risks. Traders eagerly await Wednesday’s Federal Reserve minutes for further clues as to when the US Federal Reserve may complete its purchases of key assets for financial markets.
“In recent weeks, the global recovery mechanism has continued as planned, supported by the introduction of vaccines and the easing of restrictions,” writes David Folkerts-Landau, chief economist at Deutsche Bank AG and strategists including Marion Labor. But since May, the “risk balance” has been slightly negative given the continued global reach of the delta variant and the response to the FOMC, “the report said.
Here are some options to check out this week:
• Wednesday minutes FOMC
• The group of finance ministers and central bankers will meet in Venice
• Chinese PPI and CPI data were released on Friday
Here are some keys of financial market moves:
• S&P 500 futures are trading in London at 07:21 min The S&P 500 fell 0.3%
• Nasdaq 100 futures were up 0.2%. Nasdaq 100 peaking at 0.3%
• The Japanese Topix index fell 0.8%
• Australian S & P / ASX 200 index up 0.8%
• The Kospi index in South Korea lost 0.6%
• The Chinese composite index in Shanghai grew by 0.7%
• Hong Kong’s Hang Seng Index fell 0.6%
• Euro Stoxx 50 futures increased by 0.4%
• The Japanese yen is trading at $ 111.6
• The foreign yuan rose 6.4715 against the dollar, 0.4%
• The Bloomberg Dollar Spot Index remained stable after a rise of 0.4%
• The euro is trading at $ 1.1831
• The annual yield on government bonds was 1.38%, an increase of approximately one basis point
• Australian 10-year yield fell eight basis points to 1.36%
• West Texas intermediate oil was $ 74.76 a barrel
• Gold was $ 1,801.05 an ounce, up 0.4%