{"id":33535,"date":"2019-03-28T17:59:18","date_gmt":"2019-03-28T06:59:18","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=33535"},"modified":"2019-03-28T17:59:18","modified_gmt":"2019-03-28T06:59:18","slug":"thursday-28th-march-asian-markets-mixed-on-bond-yield-developments","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/thursday-28th-march-asian-markets-mixed-on-bond-yield-developments\/","title":{"rendered":"Thursday 28th March: Asian markets mixed on bond yield developments"},"content":{"rendered":"<h3><strong>Global Markets:<\/strong><\/h3>\n<ul>\n<li>Asian Stock Markets : Nikkei down 1.61%, Shanghai Composite down 0.82%, Hang Seng up 0.35%, ASX up 0.65%<\/li>\n<li>Commodities : Gold at $1316.65 (-0.02%), Silver at $15.31 (+0.06%), Brent Oil at $67.12 (-0.18%), WTI Oil at $59.20 (-0.35%)<\/li>\n<li>Rates : US 10-year yield at 2.351, UK 10-year yield at 1.016, Germany 10-year yield at -0.073<\/li>\n<\/ul>\n<h3><strong>News &amp; Data:<\/strong><\/h3>\n<ul>\n<li>(NZD) ANZ Business Confidence -38 vs -30.9 previous<\/li>\n<li>(CAD) Trade Balance -4.2B vs -3.5B expected<\/li>\n<li>(NZD) Official Cash Rate 1.75% vs 1.75% expected<\/li>\n<li>Chinese FM: Xi&#8217;s visits inject fresh impetus to China-EU ties<\/li>\n<li>Economists Forecast Stephen Moore Wouldn&#8217;t Be Good For Fed Post<\/li>\n<\/ul>\n<h3><strong>Markets Update:<\/strong><\/h3>\n<p>Shares in APAC were mixed on Thursday afternoon following an overnight slip on Wall Street after the closely-watched 10-year Treasury yield touched its lowest in more than a year. Recession fears sent bond yields in Australia, New Zealand and Japan also lower. Continued uncertainty over Brexit also weighed on investor sentiment.<\/p>\n<p>Australia&#8217;s ASX 200 rose 0.6 percent, with almost all the sectors seeing gains. The Hang Seng also gained by 0.35%. The Nikkei 225 in Japan dropped 1.6 percent in afternoon trade as index heavyweight Fanuc saw its shares tumbling by more than 1 percent. The Topix index also fell 1.7 percent. Mainland Chinese stocks were also lower, with the Shanghai Composite lower by 0.8 %, and then Shenzhen Component by 0.7%.<\/p>\n<p>An offer by British Prime Minister Theresa May to quit to get her European Union deal through parliament failed, leaving uncertainty hanging over the Brexit process.<\/p>\n<p>Oil prices nursed modest losses after data showed U.S. crude inventories grew more than expected last week as a Texas chemical spill hampered exports.<\/p>\n<h3><strong>Upcoming Events:<\/strong><\/h3>\n<ul>\n<li>All Day &#8211; (EUR) German Prelim CPI m\/m<\/li>\n<li>12:15 PM GMT &#8211; (USD) FOMC Member Quarles Speaks<\/li>\n<li>01:30 PM GMT &#8211; (USD) Final GDP q\/q<\/li>\n<li>02:30 PM GMT &#8211; (USD) FOMC Member Clarida Speaks<\/li>\n<li>03:00 PM GMT &#8211; (USD) FOMC Member Bowman Speaks<\/li>\n<li>06:00 PM GMT &#8211; (CHF) Gov Board Member Maechler Speaks<\/li>\n<li>09:00 PM GMT &#8211; (NZD) RBNZ Gov Orr Speaks<\/li>\n<li>10:20 PM GMT &#8211; (USD) FOMC Member Bullard Speaks<\/li>\n<li><a href=\"http:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\">&amp;more&#8230;<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei down 1.61%, Shanghai Composite down 0.82%, Hang Seng up 0.35%, ASX up 0.65% Commodities : Gold at $1316.65 (-0.02%), Silver at $15.31 (+0.06%), Brent Oil at $67.12 (-0.18%), WTI Oil at $59.20 (-0.35%) Rates : US 10-year yield at 2.351, UK 10-year yield at 1.016, Germany 10-year yield &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/thursday-28th-march-asian-markets-mixed-on-bond-yield-developments\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thursday 28th March: Asian markets mixed on bond yield developments<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":33536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[339],"tags":[],"class_list":["post-33535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/33535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=33535"}],"version-history":[{"count":1,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/33535\/revisions"}],"predecessor-version":[{"id":33537,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/33535\/revisions\/33537"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/33536"}],"wp:attachment":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=33535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=33535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=33535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}