AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
The Australian share market is expected to fall at open on Wednesday.
According to the latest SPI futures, the ASX 200 would open 51 points or 0.7% lower.
On Wall Street, the Dow Jones rose 0.11%, the S&P 500 fell 0.40%, and the NASDAQ ended 1.38% lower.
The Australian share market is expected to fall at open on Wednesday following a dismal night on Wall Street. The market was weighed by weakness in tech stocks, even as investors observed prospects for growth and inflation from China’s rollback of COVID-19 isolation measures.
According to the latest SPI futures, the ASX 200 would open 51 points or 0.7% lower. On Tuesday, the benchmark ended 0.6% lower at 7,107.7 points.
On Wall Street, the Dow Jones rose 0.11%, the S&P 500 fell 0.40%, and the NASDAQ ended 1.38% lower.
The pan-European STOXX 600 rose 0.13% and MSCI's gauge of stocks across the globe shed 0.13%.
Markets in some regions including London, Dublin, Hong Kong, and Australia remained shut after the Christmas holiday. Emerging market stocks rose 0.26%. MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.53% higher, while Japan's Nikkei rose 0.16%.
Bond yields
US Treasury yields rose after data showed the advance goods trade deficit for November narrowed to US$83.35 billion from the prior month's US$98.8 billion, while a separate report pointed to continued struggles for the housing market as home prices fell under rising mortgage rates.
- Benchmark 10-year notes were up 10.2 basis points at 3.849%, from 3.747% late on Friday.
- The 30-year bond was up 11.7 bps to yield 3.939%.
- The 2-year note was up 7.7 bps to yield 4.3998%.
The dollar index was flat, with the euro up 0.12% at US$1.0648.
Oil prices mixed
Oil prices were steady after hitting a three-week high on Tuesday as restarts at some US energy plants shut by winter storms offset gains stemming from hopes of a demand recovery as China eases its COVID-19 restrictions.
- Brent crude was up 41 cents, or 0.5%, at US$84.33 a barrel.
- WTI crude settled 3 cents lower at US$79.53 per barrel.
Gold prices edge higher
Gold prices rose, while resilient US yields cast a shadow over non-yielding bullion's advance.
- Spot gold added 1% to US$1,816.20 an ounce.
- US gold futures gained 1.17% to US$1,816.90 an ounce.
