Ben Luk News Today

Youre watching daybreak asia coming to you live from new york, sydney and hong kong. Counted up to the major market opens. The top stories this hour, asia set for a risk offer, from the july minutes touching intraday highs not seen since october and the end at its lowest level this year. The Central Bank Policy makers are still seeing significant upside risks to inflation, which could require further Interest Rate hikes, and reports of rare protests in beijing as one of chinas biggest shadow ban...

Singapore’s Straits Times Index was up 0.9% as at 10.35am. Read more at straitstimes.com.

Mainland Chinese bluechips edged up by 0.65%, while Hong Kongs benchmark advanced 1.7%. Australian shares were up 1.6%. However, Japans Nikkei slid 0.4%, weighed down by the yens sharp rally.

Asian stocks broadly rallied on Thursday morning, after the U.S. Federal Reserve flagged the end of its tightening cycle and struck a dovish tone for the year ahead. U.S. Treasury yields... -December 13, 2023 at 09:26 pm EST - MarketScreener

Asian stocks broadly rallied on Thursday, after the U.S. Federal Reserve flagged the end of its tightening cycle and struck a dovish tone for the year ahead. U.S. Treasury yields slid to...

South Africa's rand slipped against the dollar as a drop in domestic inflation did little to prop up the currency.

Asian stocks slid to 11-month lows on Wednesday, U.S. futures dropped and the dollar surged as Treasury yields spiked back toward peaks on fears that U.S. interest rates will stay high. A rebound in U.S. home sales was the latest trigger for concern in the bond market.

Reuters: The South African rand edged lower against a stronger dollar on Wednesday, taking global direction in the absence of local data.

HONG KONG: Asian stocks slid to 11-month lows on Wednesday, US futures dropped and the dollar surged as Treasury...

The U.S. dollar edged higher against a basket of currencies, after the Fed held interest rates steady but stiffened its hawkish stance.