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Feb 23, 2021 00:22 GMTFXStreet News
AUD/JPY breaks a choppy range above 83.00 to the south.
Australia’s weekly Consumer Confidence eases, Japan eyes lifting the state of emergency for areas outside Tokyo.
Markets jostle between highest yields and hopes of US stimulus while waiting for US Fed Chair Powell.
AUD/JPY drops to 83.10 during its latest downside amid Tuesday’s Asian session. In doing so, the quote overcomes the recent choppy range surrounding 83.15-20. The pair recently ignored weekly consumer sentiment data from Australia but not news from Asahi suggesting Japan’s readiness to thrash virus-led emergency from Tokyo.
The quote jumped to the highest since December 2018 the previous day as market sentiment bolstered the coronavirus (COVID-19) vaccinations and unlock news from Israel and the UK.
Wall Street’s main indexes opened lower on Tuesday as investors sold off high-flying growth stocks on valuation concerns ahead of Federal Reserve Chairman…
Korean won weakens against U.S. dollar South Korea benchmark bond yield rises For the midday report, please click
SEOUL, Feb 23 (Reuters) - Round-up of South Korean financial markets: South Korean shares closed lower on Tuesday, marking a negative finish for a fourth session in five, as the appeal of equities was dented amid higher bond yields and inflation outlook. The won weakened, while the benchmark bond yield rose. The benchmark KOSPI closed 9.66 points, or 0.31%, lower at 3,070.09, partially recovering from early losses of as much as 1.44%. Heavyweight Samsung Electronics slipped 0.24%, while peer SK Hynix and internet giant Naver added 1.47% and 1.03%, respectively.