Tag Archives: national australia bank

fed: Asian stocks sink, yields rise as markets brace for aggressive Fed – Blue Barrows

Stocks in Asia sank and bond yields were elevated on Wednesday, as investors braced for another aggressive interest rate hike from the U.S. Federal Reserve later in the day. Japan’s Nikkei dropped 1.26% and touched a two-week low. Australia’s benchmark share index slid 1.35% and South Korea’s Kospi fell 0.9%. Chinese blue chips declined 0.82%, […]

Oil firms on bets OPEC+ will talk up output cuts to stem sinking prices – Blue Barrows

Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, but the benchmarks were still on track to post their worst weekly drop in four on fears COVID-19 curbs in China and weak global growth will hit demand. Brent crude futures rose $1.20, or 1.3%, to […]