LONDON: Oil prices dipped below $45 a barrel in New York, dragging commodities and Russia’s ruble weaker whereas bonds climbed, sending five-year Japanese debt-yields to zero for the first time. Hong Kong stocks increased with Australia’s dollar after China’s trade data hit approximates.
U.S. oil fell for a third day, slipping 2.8 percent to $44.74 a barrel by 7:14 a.m. in London. Copper slumped 1.1 percent. Yields on 10-year U.S. and Japanese bonds fell, while rates on similar-maturity Australian and South Korean debt dropped to records. Hong Kong’s Hang Seng Index climbed 0.8 percent. Standard & Poor’s 500 Index futures and Euro Stoxx 50 Index contracts climbed 0.2 percent. The Aussie gained 0.2 percent, while the ruble weakened 2 percent.
Oil’s more than 55 percent decline since June dragged the Bloomberg Commodity Index to a 12-year low, curbing inflation expectations and cutting the chance of an early Federal Reserve interest-rate increase. China’s exports jumped 9.7 percent, as overseas demand supports growth in the world’s second-largest economy. The U.K. reports inflation today.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
