Asia-Pacific Market Recap: Fixed Income Sells Off, Equities Fall
- Nikkei down -0.40%
- ASX down -0.39%
- USD up 0.04 points at 99.19 Yen
- Aussie Dollar down 0.48 cents at 0.7176 USD
- Yields on Australian 10-year bonds up 5.0 bps to 4.57%
- Yields Japanese 10-year government bonds up 1.6 bps to 1.47%
(CEP News) - Asia-Pacific fixed income markets are declining and equities are sliding with yields on Australian 10-year bonds up 5.0 bps to 4.57% and Japanese 10-year government bonds up 1.6 bps to 1.47%.
Sydney’s S&P ASX 200 was most recently down 14.80 points to 3761.9 and the Japanese Nikkei was trading down 35.34 points to 8872.238.
The Chinese Hang Seng closed Friday up 18.28 points to 15601.27.
Yields on three-year Australian notes were down 3.4 bps to 4.07 and the Australian 90-day September 09 contract was down 2.0 ticks to 97.20.
The Euroyen September 09 contract was up 0.5 ticks to 99.48.
The Australian dollar was down 0.48 cents to 0.7176 against the USD and down 0.37 cents to 0.8729 against the Canadian dollar.
Against the yen, the U.S. dollar was up 0.04 points to 99.19 and the Canadian dollar was down 0.14 cents to 81.57.
The euro was down 0.54 cents to 1.2991 USD.
All data taken at 9:02 p.m. EDT.
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Posted in Categories: Australia, Canada, Economy, Eurozone, Japan, Releases, USA.

