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MSCI EM stocks down 0.9%, FX slips 0.5% US 10-year Treasury yield hits highest level since 2007 South African rand hits seven-week low after central bank's 25 bps rate hike Turkish finance minister to hold meetings on fund liquidation crisis By Utkarsh Hathi Sept 24 (Reuters) — An index of emerging market currencies he
U.S. stocks slid at midday Wednesday as the 10-year Treasury yield surged to its highest level since 2007, after blowout September PMI data cemented bets for another Federal Reserve rate hike and sent traders scrambling out of richly valued growth names. The yield on the 10-year Treasury note jumped 12 basis points to
Asian share markets edged higher as chipmakers benefited from AI demand, while oil prices eased on speculation of increased supply. The dollar dipped against the yen amid intervention concerns.
() -- Germany's blue-chip DAX index recovered, closing 0.89% higher on Thursday, after investor caution resurfaced as the US and Iran traded strikes for a second straight day. "All that led to a clear reaction for oil prices, with Brent crude (+5.20%) posting its biggest daily gain since May 4th, peaking at $80.59 [per
US and Iran reportedly reach ceasefire extension deal, impacting dollar value. This may ease Middle East tensions.