archiveglobal market wrap

Asian shares had a cautious open Tuesday as investors awaited fresh trade news that may define the appetite for US assets.The MSCI Asia Pacific Index opened flat with marginal declines in Japan and South Korea. The dollar edged down in early Asian trade with a gauge of the greenback’s strength hovering near its lowest level in almost two years on weak demand for US assets. The yield on the 10-year US Treasury fell two basis points while yields on Japan’s 40-year sovereign slumped ahead of a bond auction. Contracts for...

Asian shares fell and Treasuries continued their slide at the open Thursday following losses in Wall Street on concerns about the US’s ballooning deficit.A regional stock gauge dropped for the first time in three days on weaker openings in Australia, Japan and South Korea. The dollar edged down for a fourth consecutive session. US equity-index futures were steady after the S&P 500 index closed down 1.6% on Wednesday, its sharpest slide in a month. Treasuries fell across the curve Wednesday with long-term debt bearing the brunt as the 30-year yield...