The world stocks operate this friday near two month minimums And they end a week in which fixed income investors became more convinced that interest rates will stay high for longer than initially thought, driving US debt yields to 16-year highs.
He MSCI global stock index it fell 0.3%, reaching its lowest level since the beginning of June after falling 5.85% during August, although it maintained a 10% rise in the year.
The market hardly reacted to the news about a Chinese securities regulator’s package of measures to revive a sinking stock market.
US and euro zone bonds
The yields of the US treasury bonds The 10-year was down 8 basis points to 4.2251%, after rising about 30 basis points this month alone, to a 10-month high of 4.3280% and near the highest levels since 2007.
The Eurozone government bond yields They were also lower on Friday, as concerns about the global economy pushed investors to take refuge in government debt and there were new signs that inflation in the euro zone has peaked.
In Asia, the MSCI Asia-Pacific Index of Stocks Outside of Japan it fell 0.9% and flirted with a nine-month low, bringing total losses for the week to over 3%. It is the third consecutive week of declines in the index.
The chinese values Blue-chip indexes fell 1.2% and Hong Kong’s Hang Seng Index plunged another 2%, posting the biggest weekly losses in two months. Japan’s Nikkei index also lost 0.5% and posted a weekly drop of 3.1%.
He dollar index it had recovered from a decline earlier in the session and was hovering near a two-month high of 103.42 against its major peers. In the week he has risen 0.5%.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
