Asian markets could be delicately poised at the open on Thursday, with growing worries over how soon U.S. and global interest rates will come down offset by ...
Asian markets could be delicately poised at the open on Thursday, with growing worries over how soon U.S. and global interest rates will come down offset by a potential boost from AI and chip-making giant Nvidia 's earnings late on Wednesday.
In Asia, the calendar is dominated by a Bank of Korea policy decision, PMIs from Australia and India, inflation figures from Singapore and Hong Kong, and Singapore's Q1 GDP. The 10-year JGB yield hit 1.00% on Wednesday for the first time in 11 years amid mounting bets for further BOJ policy tightening this year, while a weak auction of 40-year debt added to the pressure for higher yields.Yet the yen fell, nearing 157.00 against the U.S. dollar and printing a 17-year high against the New Zealand dollar after the Reserve Bank of New Zealand struck a surprisingly hawkish tone in keeping interest rates on hold.
The United States is not calling on its partners to slap tariffs on Chinese imports, but will want the G7 communique to express common concern for what it calls Beijing's industrial "overcapacity".Seeking a reliable income stream for your TFSA? Consider this sustainable high-yielding dividend payer. The post Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA appeared first on The Motley Fool Canada.
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