... tightening central banks.
SHANGHAI Reuters Asian shares found some footing after a volatile session for U.S. stocks, but the dollar remained at 20 year highs and global stocks near 18 month lows due to worries about rising inflation and tightening central ... ...
MSCI
's broadest index of
Asia-Pacific
shares outside Japan was up 1.15%, trimming its losses for the week to around 3.5%.
Australian shares rose 1.56%, while Japan's Nikkei stock index went up 2.62%.
In China, the blue-chip CSI 300 index went up 0....
... percent, to 3,930. The
Nasdaq
Composite gained 6.73 points or 0.06 percent to 11,370. The euro was down more than a full cent to 1.0376 on Thursday, as the U.S. dollar was raging. The British pound dropped to 1.2191. The Swiss franc fell to 1.00377.
The Australiandollar was down to 0.6849. Only the Japanese yen held its own, trading in a tight, firm range around 128.34.
The CAC 40 in Paris dropped 1.01 percent on overseas equity markets. The German Dax fell by 0.64 percent. London's FTSE 100 fell 1.56 percent....
... accelerated further ahead on foreign exchange markets. The euro plunged to the 1.055 level and was trading at 1.0468 around the Sydney close Thursday. The British pound fell to 1.2211. The Swiss franc was able to keep pace with the Swiss franc at 0.9946.
The Australiandollar fell to 0.6894. Overnight on Wall Street, the Nasdaq Composite fell 373.44 points or 3.18 percent to close at 11,364. The
Dow Jones
industrials fell by 326.63 points or 1.02 percent to 33,834. The Standard and Poor's dropped 65.86 points or 1....
... the founder of another failed stable coin called Basis Cash, as reported by Coindesk. 9: 00 am: Rupee at record low against US Dollar, hits 77.52.
Wall Street stocks closed sharply lower and
Treasury
yields fell in Wednesday's volatile session as investors ... ..., the Nikkei 225 fell 1.57 percent. The
Topix
index was down 1 percent. The Kospi traded 0.86 percent lower in South Korea. Australian stocks fell by 0.22 percent, as the S&P ASX 200 dipped 0.22 percent. The broadest index of
Asia-Pacific
shares outside ...
... cent to 53,519. The
Nifty
dropped 72.95 points or 0.45 per cent to settle at 16,167. 9: 00 am: Rupee at record low against US Dollar, hits 77.52.
Wall Street stocks fell sharply lower and Treasury yields fell in Wednesday's volatile session as oil prices ... ... Nikkei 225 in Japan fell 1.57 percent. The
Topix
index was down 1 percent. The
Kospi
traded 0.86 percent lower in South Korea. Australian stocks fell as the S&P ASX 200 plunged 0.22 percent. The broadest index of
Asia-Pacific
shares outside Japan was 0....
... a credit crunch.
The uncertainty about nearly everything except the U.S. rate rises has benefited the dollar. It held the euro near recent lows of $1.0524 on Thursday and hovered around 129.78 yen, while trade sensitive currencies were squeezed.
The Australiandollar was volatile in the wake of the U.S. inflation data, but was unable to hold its ground above $0.70 and last bought $0.6943.
The pound was at a two-year low of $1.2230 as a standoff over
post-Brexit
trade rules for Northern Ireland.
On Thursday,...
... dollar was added to recent gains. After attempting another rally, the euro fell to 1.0518 around the New York close Wednesday.
The British pound fell to 1.2242. The Swiss franc was steady, but weaker, at 0.9940.
The Canadian dollar was up to 1.2997. The Australiandollar fell to 0.6934. The New Zealand dollar fell sharply to 0.6290.
The CAC 40 in Paris was 2.50 percent higher. The German Dax rose 2.17 percent. The
FTSE
100 increased by 1.44 percent in London.
The
Hang Seng
jumped by 0.97 percent in Hong Kong....
...
The weakness in both the U.K. and Australian currency, as well as the commodity rally, makes them optimistic about U.K. and Australian stocks. The firm likes the defensive sectors of healthcare and utilities in the U.S.
Morgan
Stanley prefers oil over ... ...
Coinbase COIN
fell 18% in premarket trade. The so-called algorithmic stable coin, TerraUSD, fell as low as 30 cents on the dollar.
The shares of Unity Software U plunged on weak guidance. The day the big earnings report comes from
Walt Disney DIS
comes ...