Australia shares slip on elevated yields and oil prices
The benchmark S&P/ASX 200 ended 0.1% lower at 8,727.70 points. Elevated US Treasury yields above 5.3% and rising oil prices weighed on investor sentiment.
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The benchmark S&P/ASX 200 ended 0.1% lower at 8,727.70 points. Elevated US Treasury yields above 5.3% and rising oil prices weighed on investor sentiment.
Australian shares closed slightly lower in a choppy session on Wednesday, influenced by persistently high global bond yields and oil prices. The benchmark S&P/ASX 200 index fell 0.1% to 8,727.70 points after earlier gains.
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
Stock markets were mixed across Asia and elsewhere on Tuesday as bond yields extended recent gains. Gold rose 1%, while the dollar strengthened against major currencies.
European tech shares and Nasdaq futures advanced as Reuters reported Anthropic's planned public debut and a possible valuation above $2 trillion. Higher oil prices and multi-year highs in bond yields continued to weigh on markets.
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
Japan's 10-year bond yield jumps to 3.06%, highest since August 1996 Treasury Secretary Bessent says Washington and Beijing reach deal to extend trade truce Australian down 1.2% to a more than three-month low By Rocky Swift TOKYO, Sept 24 (Reuters) — Debt markets were on edge on Thursday, as Japanese bonds followed Tre