ECB refuted press report fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
- CWN.AU Confirms improved Blackstone offer at A$12.35/shr cash (prior A$11.85/shr).
- CWN.AU Confirms merger offer from Star Entertainment at a nil-premium share exchange ratio of 2.68 The Star shares per Crown share.
- WOW.AU Determined demerger of EndeavourGroup should go ahead to enhance shareholder value, after demerger A$1.6-2.0B could be returned to shareholders.
- (NZ) New Zealand Fin Min Robertson: Economic recovery provides us with more options, further scope to keep lid on debt - pre-budget speech.
- (AU) ANZ bank forecasts the Australia end of 2021 Unemployment rate ~4.8% and end of 2022 unemployment rate at ~4.4%.
2/25/2021 5:46:48 AM GMT
Asia Market Update: Asia rises after gains on Wall St; UST FUTs extended declines, Asian 10-yr gov’t bond yields trade generally higher; NZD drops after gain during prior session.
General Trend
- Equities have remained higher after the positive openings. Financials have traded generally higher amid the rise in long-term gov’t bonds yields, Energy shares track recent rise in oil prices; Most indices are currently closer to the best levels.
- Hang Seng has risen over 2% after declining 3% during the prior session [Property and TECH indices outperform]; Shanghai Property index rose over 6% [some pointed to new rules related to land transfers], Consumer Staples continued to lag.