Global stocks fall as oil rises, Treasury yields extend gains
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.
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Asia stocks cautious as oil gains and yields rise
Brent rose 1.6% to $106.00 a barrel and US crude added 1.1% to $93.47. The 30-year Treasury yield nudged up to 5.5185% while the dollar index hit two-month peaks.
MNI ASIA MARKETS ANALYSIS: Crude Rebounds, Xi Comes to US
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
Gold Holds Gains as Oil Prices Decline
Gold held above $4,350 an ounce on Monday after advancing for two consecutive sessions, supported by falling oil prices that eased concerns over rising inflation and the prospect of further interest rate hikes. Oil prices fell for a fourth straight session amid signs of increased diplomatic efforts to resolve the Middl
Gold Gains As Iran Talks Ease Concerns Over Interest-Rate Hike
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