Asia markets set to rise as U.S. Treasury yields climb; data from Australia and Japan on deck
Investors in Asia will observe business confidence surveys out from Australia and consumer confidence data from Japan.
Source: nbcnewyork.com
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Asia markets climb as U.S. Treasury yields pressure Wall Street; data from Australia and Japan on deck
Investors in Asia will observe business confidence surveys out from Australia and consumer confidence data from Japan.
Source: nbcchicago.com
Energy, the new momentum trade? Why its strong gains can increase from here
Energy is up 17% for the year, significantly outpacing the 9% gain for the S&P 500 and second only to the media and entertainment sector, which is up 20%.
Source: cnbc.com
Stocks Join Losses in Bonds as Fed-Cut Wagers Fade: Markets Wrap
(Bloomberg) — Wall Street traders sent both stocks and bonds lower after solid US factory data reinforced speculation that the Federal Reserve will be in no rush to cut interest rates. Treasuries fell across the curve — with 10-year yields climbing over 10 basis points — as manufacturing unexpectedly expanded for the first time since…
Source: swissinfo.ch
Citigroup stock market sentiment model reaches euphoria levels
The gauge suggests equities could decline about 9% over the next 12 months, measured over a median basis.
Source: cnbc.com