Asian shares fall as oil rises and Treasury yields climb
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.
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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.
September Japanese Yen futures experienced downward pressure, approaching multi-decade lows established in early July. Despite repeated verbal signals from Japan's Finance Minister regarding a readiness to intervene in foreign exchange markets, a lack of concrete action has fueled skepticism among traders. Market parti
Japanese Yen futures fell back toward multi-decade lows as short-term volatility continued to impact the currency markets. After giving up gains from the previous session, the yen faced renewed selling pressure, pushing price action back down toward its recent forty-year lows. Key factors driving the market include sta