Page 319 - Rep News Today

Asian shares wobbled lower on Thursday, hurt by the U.S. dollar which continued to march higher as investors bet on interest rates rising more quickly in the United States than in other major economies such as Japan and the euro zone.

Australia's soaring house price inflation rate will lose altitude next year and in 2023, but prices are still expected to rise in one of the hottest property markets in the world, a Reuters poll has found.

China stocks fell on Thursday, as property developers, automobiles and new energy shares weighed. Hong Kong inched up, after Alibaba and Tencent rebounded following continuous declines.

Australian shares were largely unchanged on Thursday, as gains in local miners on rising iron ore prices were offset by losses in financial stocks.

Australian shares are set to open flat on Thursday as investors are likely to remain on the sidelines after a mixed Wall Street session overnight, while local miners are expected to rise after a jump in iron ore prices.

Yields on Japan's 10-year government bonds (JGBs) were flat on Thursday, while yields on longer-ends notes gained after a solid outcome of the 40-year bond auction.

Futures for Canada's main stock index inched up on Thursday, aided by higher bullion prices, although trading volumes are likely to remain subdued due to a U.S. holiday.

Round-up of South Korean financial markets:

The forint gained for second day on Thursday and bounced further off an all-time low to lead gains in central Europe, after Hungary's central bank raised its one-week deposit rate by 40 basis points to 2.9% as it fights rising inflation risks.

The Australian and New Zealand dollars were looking bruised on Thursday after a mass liquidation of long kiwi positions took them both to multi-week lows and threatened breaks of major chart support.