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French borrowing costs edged wider relative to Germany as investors weighed concerns about France’s deficit ahead of next year’s presidential election and higher energy prices. Germany’s 10-year yield also dipped.
LGT Private Banking Asia said the dollar is likely to remain rangebound against the yen in the near term, largely within 155 to 160 yen. The bank cited intervention risk, Japanese investor repatriation and wide U.S.-Japan rate differentials.
World stocks rose on Tuesday, reaching two-week highs as falling oil prices and retreating bond yields steadied sentiment ahead of an earnings season expected to be driven by AI growth. S&P 500 futures pointed to a record-high open, while the Nasdaq was on track for a third consecutive all-time high.
(Adds blog post) STOXX 600 down 0.4% Tech down, energy up Bond selloff deepens, oil tops $105 US-China meeting, Iran in focus Wall Street futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at "Not Your Usual French Drama" France i