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Tuesday Outlook: Asian markets grapple with Evergrande fallout; oil extends rally

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Tuesday Outlook: Asian markets grapple with Evergrande fallout; oil extends rally

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Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.

Asian markets grapple with Evergrande fallout, eye China power crunch
China’s blue chip index edged up 0.1% at the open, as Hong Kong’s Hang Seng Index gained 0.44%

Yen weakens to 111 per dollar as U.S. Treasury yields soar
U.S. yields have been pulled higher by a hawkish shift at the Federal Reserve

Gold prices dip on rising dollar, bond yields
Spot gold fell 0.1% to $1,748.01 per ounce


 

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