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☆ Asia markets rise ahead of key economic data
▼ + stars: | 2023-11-03 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: 1 min

Hong Kong Street Scene, Mongkok District with busses Nikada | E+ | Getty ImagesAsia-Pacific markets rose at the end of the week, with investors awaiting a fresh round of data for more clues on the health of services activity through the region. Services purchasing managers' index data from major economies including China, India and Hong Kong are set to be released throughout the day. Futures for Hong Kong's Hang Seng index stood at 17,455, pointing to a higher open compared with the HSI's close of 17,230.59. South Korea's Kospi rose 0.78% at the open, while the Kosdaq was up 0.14%. Japan markets were shut for a public holiday.

Organizations: Getty, Services Locations: Hong, Mongkok District, Asia, Pacific, China, India, Hong Kong, Japan, Australia

☆ CNBC Daily Open: Apple drops on a sunny day
▼ + stars: | 2023-11-03 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Exuberant stocksU.S. stocks enjoyed a broad rally Thursday, with all 11 S&P 500 sectors ending the day in positive territory. Bond yields declined. With bond yields hitting their highest in 16 years recently, it's clear the bond market has been experiencing a sell-off. (When bond yields go up, prices go down.)

Persons: Sam Bankman, Fried, Apple's, Elon, Musk Organizations: CNBC, Apple, CNBC Pro Locations: Asia, Pacific

☆ Asia shares, bonds rally as Powell feeds hopes of end to rate hikes
▼ + stars: | 2023-11-02 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) surged 1.7% to the highest level in one week. Tokyo's Nikkei (.N225) gained 1.4% to cross the 32,000 level for the first time in two weeks. EUROSTOXX 50 futures rose 0.8% early in Asia, while S&P 500 futures added 0.3% and Nasdaq futures increased 0.5%. While Chair Jerome Powell did not rule out another hike, markets judged he was not quite as hawkish as he might have been. Brent crude futures climbed 1.2% to $85.61 a barrel while U.S. West Texas Intermediate futures were at $81.43 a barrel, up 1.2%.

Persons: nonfarm payrolls, Hong, HSI, Jerome Powell, Treasuries, Tiffany Wilding, Seema Shah, Stella Qiu, Edwina Gibbs Organizations: Apple, SYDNEY, Tokyo's Nikkei, Stock, Nasdaq, Fed, Treasury, PIMCO, Global, Asset Management, Bank of Japan, East, Brent, West Texas, Thomson Locations: Cupertino California, Asia, Pacific, Japan, Europe, U.S, 4Q24

☆ China October factory surveys disappoint, weigh on Q4 momentum
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +4 min

The Caixin/S&P Global manufacturing PMI fell to 49.5 in October from 50.6 in September, marking the first contraction since July and missing analysts' forecasts of 50.8 by a large margin. A slowdown in Chinese manufacturing will also soften China's imports. Following the release of the gloomy data, China shares (.SSEC) eased 0.15%, while Hong Kong's Hang Seng Index (.HSI) fell 0.75%. PMI surveys track business conditions and offer the first monthly snapshot of China's economic performance. New export orders for Chinese manufactured goods have shrunk for four consecutive months amid a relatively sluggish global economic climate.

Persons: China's, Hong, HSI, Bruce Pang, Jones Lang Lasalle, Goldman Sachs, Ellen Zhang, Ryan Woo, Kim Coghill, Lincoln Organizations: P Global, PMI, Manufacturers, London Metal Exchange, Jones, Goldman, Thomson Locations: BEIJING, Japan, South Korea, China, Guangzhou

☆ Asian stocks stutter ahead of Fed, frail yen in focus
▼ + stars: | 2023-11-01 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

Passersby are reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan April 18, 2023. "Once again market players have been left frustrated by the lack of urgency shown by the BOJ, and either closed yen longs or flipped into outright yen shorts." The yen strengthened 0.27% to 151.26 per dollar following the comments but remained close to one-year lows of 151.74 it touched on Tuesday. FED AWAITSOvernight, Wall Street's main indexes ended higher, with investors looking ahead to the Fed policy decision later in the day, when the central bank is expected to stand pat on interest rates. Oil prices inched higher ahead of the Fed decision, with the market keeping a close eye on the latest developments in the Israel-Hamas conflict.

Persons: Issei Kato, HSI, Chris Weston, Masato Kanda, Jerome Powell, Erik Weisman, Powell, Sterling, Brent, Ankur Banerjee, Shri Navaratnam Organizations: REUTERS, Rights, Federal Reserve, Japan's Nikkei, China, Bank of, ING, Traders, MFS Investment Management, Treasury, Thomson Locations: Tokyo, Japan, Rights SINGAPORE, Asia, Pacific, Israel

☆ Asian stocks waver, yen wobbles as BOJ takes centre stage
▼ + stars: | 2023-10-31 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

Passersby walk past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan October 4, 2023. On Tuesday, the 10-year JGB yield jumped 6.5 basis points to 0.955%, its highest since May. "Markets seem to assume that the ceiling will be lifted by another 50 basis points, but I think the possibility of another doubling (i.e. The dollar index , which measures U.S. currency against six rivals, rose 0.104%. The yield on 10-year Treasury notes was up 1.1 basis points to 4.888%, while the yield on the 30-year Treasury bond was up 0.7 basis points to 5.042%.

Persons: Issei Kato, Nicholas Chia, Chia, Sterling, Hong, HSI, Jerome Powell, Gary Dugan, Brent, Ankur Banerjee, Lincoln Organizations: U.S, REUTERS, Rights, Bank of, Nikkei, Standard Chartered, Japan's Nikkei, U.S . Federal Reserve, Bank of England, BOJ, Federal Open Markets, Dalma, Federal Reserve, Treasury Department, Thomson Locations: Tokyo, Japan, Rights SINGAPORE, Asia, Pacific, Shanghai, U.S, Singapore

☆ Asia markets set to be mixed ahead of Japan's central bank decision and South Korea inflation this week
▼ + stars: | 2023-10-30 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Buildings are illuminated at night in Tokyo, Japan, on Friday, July 21, 2023. Toru Hanai | Bloomberg | Getty ImagesAsia-Pacific markets are set to fall ahead of a week of key economic data from around the region. Monetary policy decisions from Japan and Malaysia, inflation data from South Korea, and gross domestic growth figures from Taiwan and Hong Kong are the regional highlights of the week. Japan's Nikkei 225 is also set to fall as the Bank of Japan starts its two-day monetary policy meeting, with the futures contract in Chicago at 30,665 and its counterpart in Osaka at 30,650 against the index's last close of 30,991.69 In Australia, the S&P/ASX 200 slipped 1.04%, ahead of September retail sales readings on Monday. Futures for Hong Kong's Hang Seng index stood at 17,175, pointing to a weaker open compared to the HSI's close of 17,398.73

Persons: Toru Hanai Organizations: Bloomberg, Getty, Nikkei, Bank of Japan Locations: Tokyo, Japan, Asia, Pacific, Malaysia, South Korea, Taiwan, Hong Kong, Chicago, Osaka, Australia

☆ Stock Market Today: Dow Slides 250 Points; Amazon and Intel Stocks Rally
▼ + stars: | 2023-10-27 | by ( ) www.wsj.com time to read: +1 min

JPMorgan shares fell after Chief Executive Jamie Dimon announced plans to make his first substantial sale of the bank’s shares since taking over nearly two decades ago. Exxon Mobil and Chevron shares fell. The Fed's preferred gauge showed core prices rose by 0.3% from the previous month. Oil prices rose. Hong Kong’s Hang Seng Index rose more than 2% and Japan’s Nikkei 225 gained 1.3%.

Persons: Jamie Dimon, Stocks, Brent Organizations: Nasdaq, JPMorgan, Dow, Exxon Mobil, Chevron, Ford, United Auto Workers, Treasury, Nikkei Locations: America

☆ Asian shares track US futures higher, bonds hold gains
▼ + stars: | 2023-10-27 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

Overnight, the European Central Bank left interest rates unchanged as expected, sending the euro briefly to a two-week low. S&P 500 futures rose 0.4% while Nasdaq futures rallied 0.7%, driven by a 5% jump in Amazon shares in after-hours trading. In a statement after the U.S. close, the tech giant predicted higher holiday season sales and a stabilisation in its cloud business. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) bounced 0.6% on Friday after hitting a fresh 11-month low a day ago. Brent crude futures climbed 0.5% to $88.38 a barrel while U.S. West Texas Intermediate was at $83.58 a barrel, up 0.4%.

Persons: Aly, Hong, HSI, Nathaniel Casey, Evelyn, Goldman Sachs, Stella Qiu, Sam Holmes Organizations: REUTERS, Nasdaq, European Central Bank, Bank of Japan, Tokyo's Nikkei, Evelyn Partners, 1bp, CME, Brent, West Texas, Thomson Locations: Shanghai, China, SYDNEY, U.S, Asia, Pacific, Japan, East, Israel, Gaza

There is a new poster child of China’s protracted real estate crisis — Country Garden. Country Garden has not responded to requests for comment by phone or email. Here’s what to know about the rise and fall of Country Garden, and the future of China’s once red-hot property sector. Until last year, Country Garden was China’s biggest real estate developer, specializing in residential property. While confidence in China’s real estate sector has been shaky since the collapse of Evergrande, Country Garden reignited fears in August when its liquidity crisis burst into public view.

Persons: Evergrande, Yang Huiyan, Krishna Srinivasan, ” Organizations: Hong Kong CNN, Bloomberg News, Financial Times, Citigroup, Hong Kong, Country Garden, Seng, International Monetary Fund, National Bureau of Statistics, Pacific Department Locations: Hong Kong, Foshan, Guangdong province, China, United States, Evergrande, Beijing, Asia

☆ South Korea stocks slide, economy grows faster than expected
▼ + stars: | 2023-10-26 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

(Photo by Ed JONES / AFP) (Photo by ED JONES/AFP via Getty Images)Gross domestic product grew 0.6% in the July-September quarter from the prior quarter, according to data released by the Bank of Korea. The South Korean central bank will hold its next policy meeting in late November. South Korea stocks led declines among Asia-Pacific markets on Thursday, as investors parsed data that showed the economy grew at a slightly higher-than-expected pace in the third quarter. The S&P 500 closed below a key level on Wednesday after disappointing quarterly results from Google-parent Alphabet and a rebound in interest rates. The benchmark index fell 1.43% to close at 4,186.77, ending the day below the 4,200 level that was being widely watched by chart analysts.

Persons: Ed JONES, ED JONES, — CNBC's Brian Evans, Hakyung Kim Organizations: Getty, Bank of Korea, Google, Dow Jones, Nasdaq Locations: Seoul, AFP, Korean, South Korea, Asia, Pacific

☆ Why China's 1 trillion yuan debt plan isn't necessarily such a big deal
▼ + stars: | 2023-10-25 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Kim Kyung-Hoon | ReutersBEIJING — Chinese authorities late Tuesday announced one of the biggest changes to the national budget in years, along with the issuance of 1 trillion yuan in ($137 billion) in government bonds. Chinese state media said the 1 trillion yuan in central government issuance is set to be transferred to local governments in two parts, half for this year and half for next year. "It is roughly around 5% of transfer revenues or 2% of total revenues for the local governments," Yin said. "Note a special program has already been started since October, allowing local governments to issue special refinancing bonds to swap their outstanding hidden debt. Goldman Sachs analysts estimated the early issuance could be as much as 2.7 trillion yuan, based on prior government practice.

Persons: Kim Kyung, Hoon, Larry Hu, it's, Ting Lu, Yin, Nomura's Lu, Ricky Tsang, they're, Tsang, —, Goldman Sachs, Macquarie's Hu, It's Organizations: Reuters, Macquarie, Monetary Fund, People's Bank of Locations: Beijing, Reuters BEIJING, China, Hong Kong, People's Bank of China

HONG KONG, Oct 25 (Reuters) - Hong Kong's efforts to revive its shrinking stock market are mere stopgap solutions, as analysts say a reversal in fortunes for Asia's premier financial hub would not be possible without a major improvement in China's economic prospects. With a market value of around $4.3 trillion, Hong Kong is home to one of the top-ranked stock markets globally just behind those in the United States, Japan, China and Europe. New share offerings in Hong Kong have fizzled. Local media reported that a record 47 of the 638 trading participants on the Hong Kong exchange shut shop last year. Chinese firms listed in Hong Kong, such as tech giants Tencent (0700.HK) and Alibaba (9988.HK), comprise the bulk of the turnover on the Hong Kong exchange, leaving Hong Kong hostage to China's fortunes.

Persons: Hong, John Lee, Dickie Wong, Rob Brewis, Aubrey, Eddie Tam, Alvin Cheung, Cheung, ”, Alex Wong, Alex KY, Wong, who'd, Summer Zhen, Xie Yu, Vidya Ranganathan Organizations: Nasdaq, Kingston Securities, Seng China Enterprises, HK, Aubrey Capital Management, Hong, Asset Investments, Prudential, Asset Management Company, Global, Thomson Locations: HONG KONG, China, Hong Kong, United States, Japan, Europe, Shenzhen

☆ Asia markets mixed ahead of Australia's inflation figures
▼ + stars: | 2023-10-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

An aerial view of the central business district and Sydney Opera House on February 17, 2023. David Gray | Getty Images News | Getty ImagesAsia-Pacific markets are mixed as investors prepare for Australia's third-quarter inflation figures, which will give clues to the Reserve Bank of Australia's monetary policy decision when it meets on Nov. 3. Economists polled by Reuters expect the headline inflation rate to come in at 5.3%, lower than the 6% seen in the second quarter. In Australia, the S&P/ASX 200 extended gains from Tuesday, climbing 0.32% in the morning session. Futures for Hong Kong's Hang Seng index stood at 17,480, pointing to a rebound after the HSI ended at its lowest level since Nov. 10.

Persons: David Gray, Kospi, HSI Organizations: Sydney Opera House, Getty, Reserve Bank, Reuters, Nikkei Locations: Asia, Pacific, Australia

☆ Asian shares hit 11-month lows; focus on US economic data
▼ + stars: | 2023-10-24 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.28% lower at 473.37, having touched 472.73 - the lowest since November 2022. China shares remained under pressure, with the Shanghai Composite Index (.SSEC) 0.32% higher, while Hong Kong's Hang Seng Index (.HSI) slid 0.5%. China's blue-chip CSI300 Index (.CSI300) was 0.2% higher after closing at its lowest level in 4-1/2 years on Monday. The dollar index was 0.038% lower at 105.56. The Japanese currency was last at 149.62 per dollar, having hit the symbolic 150 level on both Friday and Monday.

Persons: Tyrone Siu, Hong, Gary Dugan, bitcoin, Chris Weston, Jamie Freed Organizations: REUTERS, Rights, U.S . Federal Reserve, Nikkei, Shanghai, Dalma, Microsoft, Facebook, U.S . Commerce Department, Treasury, West Texas, Brent, Thomson Locations: Exchange, Hong Kong, China, Rights SINGAPORE, Asia, Israel, Pacific, Japan, Britain, France, United States

☆ Asia markets set for slight recovery after recent sell-off, but Hong Kong poised to fall
▼ + stars: | 2023-10-24 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Some markets also are poised to poised to recover slightly after Asia saw a broad sell-off in the last three sessions. In Australia, the S&P/ASX 200 gained 0.36% in early trading, recovering from three straight days of losses. Japan's Nikkei 225 is also set to recover ahead of its October purchasing managers index reading from S&P Global. The futures contract in Chicago was at 31,130 and its counterpart in Osaka at 31,060 against the index's last close of 30,999.55. However, Hong Kong's Hang Seng index comes back from a holiday with a weak open, with futures for the HSI at 17,044, compared to the index's close of 17,172.13.

Persons: Natthapol, Hong Organizations: Nikkei, P Global Locations: Seoul, Asia, Pacific, Japan, Australia, South Korea, Chicago, Osaka

☆ Asian shares hit 11-month low on Middle East anxiety, surging yields
▼ + stars: | 2023-10-20 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

On Friday, the Bank of Japan intervened in the Japanese government bond (JGB) market as the 10-year JGB yield touched a decade high. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) skidded 0.8% to a fresh low since November last year, bringing the weekly loss to a sizeable 3%. "World leaders continue to trek to the Middle East to – if nothing else — delay the onset of any further hostility," said Kyle Rodda, senior financial market analyst at capital.com. Oil prices are headed for the second weekly gain on supply fears from an escalating regional conflict in the Middle East. "Now we’re talking about not just the Ukraine-Russia conflict, that front, but now you have another front, that’s in the Middle East that has to be satisfied...

Persons: Jerome Powell, Hong, HSI, Joe Biden, Israel, Kyle Rodda, Brent, Powell, Quincy Krosby, Stella Qiu, Shri Navaratnam Organizations: SYDNEY, Bank of Japan, Tokyo's Nikkei, Elon, U.S, LPL, Washington, Thomson Locations: East, Middle, Asia, Pacific, Japan, China, Iran, Yemen, Israel, Ukraine, Russia, U.S

☆ Asian stocks fall, gold at over 2-month high as Middle East tension weighs
▼ + stars: | 2023-10-19 | by ( Ankur Banerjee | ) www.reuters.com time to read: +5 min

U.S. stocks ended sharply lower on Wednesday as elevated Treasury yields weighed, with investors assessing the latest batch of quarterly corporate results and forecasts. Tesla (TSLA.O) CEO Elon Musk said on Wednesday that he was concerned about the impact of high interest rates on car buyers as the company missed Wall Street expectations on third-quarter gross margin, profit and revenue. Meanwhile, Federal Reserve policymakers are signalling a pause in hiking interest rates for another couple months. A Reuters poll of economists indicated that the Federal Reserve will keep its key interest rate on hold on Nov. 1 and may wait longer than previously thought before cutting it. Spot gold was at $1,948.16 per ounce, just shy of $1,962.39 its highest since Aug. 1 touched on Tuesday.

Persons: Aly, Treasuries, Anderson Alves, Joe Biden, Alves, Elon Musk, Christopher Waller, Jerome Powell, Brent, Ankur Banerjee, Christopher Cushing Organizations: REUTERS, Rights, Japan's Nikkei, Gaza, HK, Reuters, Taiwan Semiconductor Manufacturing Co, Reserve, European Economics & Financial, Federal Reserve, OPEC, Thomson Locations: Shanghai, Shenzhen, China, Rights SINGAPORE, Asia, Pacific, Japan, U.S, Israel, China's, London, United States, Venezuela

BANGKOK (AP) — Shares tumbled in Asia on Thursday following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks. Exports rose 4.3% while imports sank 16.3% in September and the trade balance swung to a surplus of 62.4 trillion yen ($410 billion). A big threat for the global economy is what oil prices will do to inflation. It rose 2.6% after reporting stronger profit than expected for the latest quarter as its revenue rose after it hiked prices. In other trading early Thursday, the dollar fell to 149.80 Japanese yen from 149.93 yen.

Persons: Australia's, Sensex, ” Yeap Jun Rong, IG, Brent, Morgan Stanley, Gold Organizations: Hamas, Nikkei, Bank of, New York Mercantile Exchange, Dow Jones Industrial, Nasdaq, Netflix, United Airlines, American Airlines, Delta Air Lines, Procter, Gamble, Treasury Department, Federal Reserve Locations: BANGKOK, Asia, Hong Kong, Tokyo, Seoul, Japan, Israel, Bank of Korea, Shanghai, Gaza, Tel Aviv, U.S

☆ Asia markets little changed ahead of key China data
▼ + stars: | 2023-10-18 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Vcg | Visual China Group | Getty ImagesAsia-Pacific markets were little changed in early Wednesday trading as investors look to key economic data from China. China will release its third-quarter gross domestic product data. The world's second-largest economy will also release its industrial output and retail sales data for September, as well as its urban unemployment rate. The unemployment rate is one of the key metrics that the Reserve Bank of Australia considers when setting its monetary policy. Japan's markets are trading close to the flatline, with the Nikkei 225 down just 0.1% and the Topix gaining marginally.

Persons: Kospi Organizations: Visual China, Getty, Reserve Bank of Australia, Nikkei Locations: Beijing, China, Asia, Pacific, Australia

☆ Asia-Pacific stocks tumble ahead of China inflation data
▼ + stars: | 2023-10-13 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

August was marked by extremely hot temperatures in parts of China, prompting temporary power rationing in some regions. Asia-Pacific markets fell ahead of China's inflation and trade data for September. China is slated to release inflation numbers early Friday. Analysts polled by Reuters expect the country's consumer price index to climb 0.2% year-on-year, compared to 0.1% in the previous reading. Hong Kong's Hang Seng index looks set to drop, with futures at 17,911 compared to the HSI's close of 18,238.21.

Organizations: heatwave, Reuters, Nikkei Locations: China, Chongqing's, Asia, Pacific, Japan

☆ China still can't beat deflation as its economy continues to flounder
▼ + stars: | 2023-10-13 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

China remains on the brink of deflation, according to official figures published Friday. AdvertisementAdvertisementChina's battered economy still can't shake off the threat of deflation, official government figures released Friday show, as a key gauge of price rises unexpectedly flattened. The country's consumer price index was unchanged last month, the National Bureau of Statistics said. Meanwhile, factory-gate costs as measured by the producer price index fell 2.5% in September for their 12th consecutive monthly decline, the data showed. Both price indices fell short of economists' expectations, per Reuters polls conducted before the figures were published.

Persons: —, Hong Organizations: Service, National Bureau of Statistics, CPI, CSI, China Locations: China, Beijing

☆ Asian shares rally as markets wager on Fed pivot; US inflation in focus
▼ + stars: | 2023-10-12 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) gained 0.7% to the highest level in three weeks. Tokyo's Nikkei (.N225) rallied 1.3% for a third straight day, climbing away from its five-month low hit last week. U.S. Fed Governor Christopher Waller on Wednesday said higher market interest rates may help the Fed slow inflation, and let it "watch and see" if its own policy rate needs to rise again or not. With the long-awaited pivot for the Fed in sight, traders are bracing for the all-important U.S. consumer inflation report later in the day. Stakes are higher because a producer price inflation report came in hotter than expected on Wednesday.

Persons: HSI, Christopher Waller, Waller, Philip Jefferson, Lorie Logan, Alan Ruskin, payrolls, Brent, Stella Qiu, Shri Navaratnam Organizations: SYDNEY, Federal Reserve, Tokyo's Nikkei, Central Huijin Investment, Federal, U.S, Fed, Dallas Fed, Markets, FedTool, Deutsche Bank AG, Saudi, . West Texas, Thomson Locations: Asia, Pacific, Japan, U.S, Saudi Arabia, Israel, Palestine

REUTERS/Staff/File Photo Acquire Licensing RightsSummaryCompanies Global stocks tick up; U.S. futures riseBond yields tumble again but remain highOil prices steady after rising on Israel-Hamas warLONDON/SINGAPORE, Oct 11 (Reuters) - Global stocks edged higher on Wednesday while bond yields dropped again as investors waited for minutes from the latest Federal Reserve meeting and U.S. inflation figures. Meanwhile, oil prices were little changed as traders kept an eye on the conflict between Palestinian militants and Israel. The MSCI All World stock index (.MIWD00000PUS) was last up 0.21% on Wednesday, after rising 1% in the previous session. Futures for the S&P 500 were up 0.26% after the stock index (.SPX) climbed 0.52% on Tuesday. Global stocks, which had been on the slide since early August, have rallied for the last few sessions.

Persons: Dow Jones, I'm, Florian Ielpo, Arthur van Slooten, Raphael Bostic, Harry Robertson, Tom Westbrook, Sam Holmes, Alex Richardson Organizations: REUTERS, Staff, LONDON, Reserve, Nasdaq, Dow, Lombard, Global, Investors, Treasury, Societe Generale, Atlanta Fed, Bloomberg, Thomson Locations: Frankfurt, Germany, Israel, SINGAPORE, Palestinian, Nashville, Gaza, Brent, China, London, Singapore

☆ CNBC Daily Open: Investors flocked to U.S. Treasurys for safety
▼ + stars: | 2023-10-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets continued rallyingU.S. stocks rose Tuesday, boosted by falling Treasury yields and easing oil prices. Alameda allegedly took FTX moneyCaroline Ellison, the former head of Alameda Research and ex-girlfriend of FTX founder Sam Bankman-Fried, took the stand as the government's star witness Tuesday. After screening for such stocks, CNBC Pro found 10 with dividend yield above 4% and a debt-to-capital ratio of less than 80%, among other criteria.

Persons: That's, Caroline Ellison, Sam Bankman, Ellison, Sam Organizations: CNBC, Samsung Electronics, UBS, Alameda Research, CNBC Pro Locations: Asia, Pacific, China, Alameda, Israel

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