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Search resuls for: "Damian Rooney"


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Bonds rally, stocks drift as China boost fades
  + stars: | 2023-08-29 | by ( Tom Westbrook | ) www.reuters.com   time to read: +3 min
The yen remained an outlier and within a whisker of Monday's 10-month low, which has traders on edge about the risk of intervention. Over the weekend, China announced a halving in stock-trading stamp duties and had on Friday approved some guidelines for affordable housing. Hong Kong's Hang Seng (.HSI) closed less than 1% higher on Monday and was 1% firmer in early trade on Tuesday. On Tuesday in New Zealand shares in Tourism Holdings (THL.NZ), the world's largest campervan rental company, surged 13% after the company reported a record underlying profit. On Tuesday, U.S. job openings figures are due, ahead of Friday's broader labour market data and the ISM manufacturing survey.
Persons: Damian Rooney, Kazuo Ueda, Goldman Sachs, Ryan Felsman, Jason Xue, Sam Holmes Organizations: Nikkei, Argonaut Securities, HK, Bank of Japan, Tourism Holdings, New, Commonwealth Bank of Australia, Thomson Locations: SINGAPORE, U.S, Asia, Pacific, Japan, Hong Kong, China, Perth, New Zealand, Sydney, Shanghai
Glittering gold gives markets some Christmas cheer
  + stars: | 2022-12-21 | by ( Tom Westbrook | ) www.reuters.com   time to read: +2 min
Gold miners in Australia led a 1.3% jump for the S&P/ASX 200 (.AXJO). On Tuesday the Bank of Japan (BOJ) widened its trading band for 10-year government bond yields from 25 basis points (bps) either side of zero to 50 bps. The resultant drop for the U.S. dollar has spot gold prices testing six-month peaks and gold miners riding high. Benchmark 10-year Treasury yields rose four bps to a three-week high of 3.722%. Japanese 10-year yields rose 5.5 bps to 0.45%, close to the BOJ's 0.5% ceiling.
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