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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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.
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
Silver and Gold futures climbed from multi-month lows.
Silver and Gold futures rebounded from recent multi-month lows, supported by dollar moderation and shifting interest rate expectations. Silver futures advanced for a fourth consecutive session, reaching a two-week high and trading near the 62.35 level, recovering from a seven-month low established a few weeks ago. Gold