The dollar dipped to
three-week lows on Wednesday as Treasury yields held below
recent highs and improving risk appetite reduced demand for the
safe haven currency.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Abhinav Ramnarayan. Euro zone government bond yields fell on Wednesday as manufacturing and industrial data in the euro zone and Japan pointed towards hurdles ahead as the world recovers from the depths of the COVID-19 crisis. Solid demand for a Treasury auction in the United States also underpinned bond markets.
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E. The dollar nursed losses near a one-month low on Wednesday as strong demand at a U.S. bond auction fuelled a widespread drop in Treasury yields, reducing the interest rate advantage the greenback held over other major currencies.
* Rouble extends gains after 1.8% jump on Tuesday. * MSCI EM stocks eye best day in two weeks. * Polish zloty supported by strong data, rate hike hopes. By Ambar Warrick. Falling global bond yields helped lift emerging market currencies and stocks on Wednesday, with Russia's rouble extending gains on hopes of easing tensions between Moscow and Washington over Ukraine.
* European stocks up 0.1% * U.S. earnings on the radar. * Bond yields retreat to three-week lows. * Bitcoin hits record high, dollar weakens. By Tom Arnold and Kevin Buckland. Global stock markets pushed to record highs on Wednesday as bond yields eased, after data showed U.S. inflation was not rising too fast as the economy re-opens.
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E. The dollar held near a one-month low on Wednesday as strong demand at a U.S. bond auction fuelled a widespread drop in Treasury yields, reducing the interest rate advantage the greenback held over other major currencies. In early London trading, the dollar edged 0.1% lower versus a basket of its rivals to 91.75, its lowest level since March. 19.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. Euro zone government bond yields fell on Wednesday, tracking their U.S. counterparts lower, after solid demand for a Treasury auction in the United States underpinned bond markets. Bonds were also supported by data out of Japan which showed core machinery orders unexpectedly fell by the most in about a year in February.
A look at the day ahead from Saikat Chatterjee. That seems to be the mantra in markets as world stocks hit a record high overnight even as data showed U.S. consumer prices rose by the most in more than 8-1/2 years in March at 2.6%. With bond markets taking the inflation data in their stride, most Asian shares followed Wall Street higher.
Gold prices gave up early gains and
were flat on Wednesday, as weakness in the U.S. dollar due to
higher inflation was countered by some firming in Treasury
yields.
Japanese government bond yields fell on Wednesday on solid operation results of the Bank of Japan's bond buying operations, while falling U.S. Treasury yields drove investors to buy the debt.
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