|Day's Range||21,242.52 - 21,388.59|
|52 Week Range||18,948.58 - 24,448.07|
The bulk of losses came in Japan, where more than two thirds of companies traded without the right to current dividends. Treasury yields were steady, while the yen trimmed overnight losses. Speculation that the Federal Reserve will need to consider lowering interest rates appears to have spread, with some -- such as Legg Mason Inc. unit Brandywine Global Investment Management -- even forecasting a cut this year.
Global stock markets broadly rebounded on Tuesday after a two-day swoon while benchmark U.S. Treasury yields steadied above 15-month lows as risk appetite improved after worries of a recession clouded trading since late last week. Markets have been rattled since Friday, when the 3-month U.S. Treasury yield exceeded the yield on the 10-year note, an inversion of the yield curve that is widely seen as an indicator of a recession.
U.S. stocks rallied and Treasuries fell as investor concern over an economic downturn showed signs of easing. Energy shares led gains in the S&P 500 Index as oil surged after Russia signaled commitment to output cuts. The greenback erased its monthly drop, and the Japanese yen led losses in haven currencies.
Global stocks edge higher, with Asia rising for the first session in three, while investors continue to take cues on risk from movements in fixed income markets. U.K. Prime Minister Theresa May loses yet another Parliamentary vote on Brexit, which will see lawmakers vote for EU exit alternatives, as pressure mounts on her to resign her position. Global oil prices bump higher as OPEC+ production cuts add support to prices that remain near four-month highs.
Global stock prices rebounded Tuesday a slide on worries about U.S. and European economic growth. In early trading, London's FTSE 100 rose 0.1 percent to 7,187.13 and France's CAC 40 added 0.1 percent to 5,268.04. Markets in Europe and Asia tumbled Monday as traders tried to make sense of pessimistic new outlooks on global growth.
Japan's Nikkei bounced from five-week lows to close sharply higher on Tuesday as cyclical stocks rose on short-covering following a sell-off the previous day driven by fears of a sharp global economic slowdown. With the end of the business year looming on March 31 for a majority of listed Japanese companies, the market was also underpinned by investor purchases of stocks before they go ex-dividend later in the day. On Monday, benchmark 10-year Treasury yields fell to their lowest levels since December 2017, while the yield curve between three-month bills and 10-year notes inverted further as investors continued to assess last week's dovish pivot by the U.S. Federal Reserve.
Asian markets largely gained in early Tuesday trading, a day after a regional sell-off sparked by fresh worries of a U.S. recession.
Benchmark U.S. Treasury debt yields fell to their lowest since late 2017 on Monday and a gauge of world stocks dropped for a second straight session on persistent concerns over global economic growth. The 10-year U.S. Treasury yield fell below 2.4 percent for the first time since December 2017. Investors were still digesting weak U.S. factory data last week that prompted an inversion of the U.S. Treasury yield curve, which is widely seen as an indicator of an economic recession.
World stocks sold off for a second straight session on Monday on persistent concerns over global economic growth, while benchmark 10-year U.S. Treasury yields fell to more than one-year lows. MSCI's gauge of stocks across the globe shed 0.47 percent, after it posted on Friday its biggest one-day drop in about three months. Investors were still digesting weak U.S. factory data last week that prompted an inversion of the U.S. Treasury yield curve, which is widely seen as an indicator of an economic recession.
Global equities plunge after the U.S. ten-year treasury yield inverts, Trump is cleared of colluding with Russia.
The release of the Mueller report isn’t looking like it will roil stock markets. That is good news—market participants have enough to worry about with inverted yield curves.
ASIA MARKETS Shares tumbled in Asia on Monday after Wall Street ended last week with a broad retreat, while Thailand’s market saw a moderate loss following a general election that appeared likely to keep the incumbent, junta-backed prime minister in power.
US stocks steady as stronger-than-expected reading of German business sentiment takes sting from yield curve inversion following heavy selling overnight in Asia. U.S. Treasury curve slopes positive between 3-month bills and 10-year notes, after tipping into inversion for the first time since 2007 last week, as Chicago Fed President Evans plays down the chances of near-term recession. US equity sentiment gets a modest boost from Muller report conclusions, which suggest there was no Russian collusion with the Trump campaign during the 2016 election, even as many questions regarding the probe remain unanswered..
Global stocks retreat on growth concerns as bond markets continue to suggest near-term recession in the world's biggest economy and manufacturing data hits multi-year lows. U.S. Treasury curve remains inverted between 3-month bills and 10-year notes after tipping for the first time since 2007 last week, although Chicago Fed President Evans plays down the implications for near-term recession. US equity sentiment gets a modest boost from Muller report conclusions, which suggest there was no Russian collusion with the Trump campaign during the 2016 election, even as many questions regarding the probe remain unanswered..
On Friday, the spread between yields of U.S. three-month Treasury bills exceeded those of 10-year notes for the first time since 2007. The inversion of the Treasury yield curve suggested the world's largest economy could slide into recession and reignited fears of a deepening slowdown in the global economy. "Insurers react negatively as it becomes harder for them to manage assets," said Eiji Kinouchi, chief technical analyst at Daiwa Securities.
Risk aversion hits the markets early, as Theresa May prepares to lay down her Brexit plans in a bid to gain support for her deal. A resignation?
As bond yields in Australia and New Zealand plumbed all-time lows in Monday trading, Asian stocks are heading for the biggest slide of 2019 and measures of market volatility are surging, albeit off low levels. MSCI’s gauge of Asia-Pacific shares was down about 2 percent as of 1:20 p.m. Monday in Hong Kong, set for the largest drop since October. The Nikkei Stock Average Volatility Index jumped as much as 31 percent, the most since October, and the equivalent gauge for Hong Kong’s Hang Seng Index climbed 11 percent, though the low starting point highlights how placid things had become prior to Friday.
Shares tumbled in Asia on Monday after Wall Street ended last week with a broad retreat, while Thailand's market saw a moderate loss following a general election that appeared likely to keep the incumbent, junta-backed prime minister in power. Thailand's SET dropped 0.9 percent after a military-backed party won the most votes in the country's first election since a 2014 coup after tilting the electoral system in its favor. The outcome is likely to add to nearly two decades of political instability in Thailand.
The major Asia/Pacific stock indexes are down sharply on Monday amid concerns over a potential recession in the United States. The move is being fueled by an inversion of part of the Treasury yield curve. Most importantly, Evans said it’s a good time for the U.S. central bank to pause and adopt a cautious stance even though the economy remains in a strong position.
Japan's Nikkei sold off sharply on Monday as investors moved into bonds and other assets perceived as safe amid renewed fears of a global economic slowdown. The benchmark index was on track for its steepest daily fall in percentage terms since losing 5 percent in late December. On Friday, the spread between yields of U.S. three-month Treasury bills exceeded those of 10-year notes for the first time since 2007.
The Japanese yen hovered near a six-week high on Monday while Asian shares are expected to start lower as risk assets fell out of favor on growing worries about an impending U.S. recession, sending global bond yields plunging. Investors also kept one eye on the details of a nearly two-year U.S. investigation which found no evidence of collusion between Donald Trump's election team and Russia, in a major political victory for the U.S. President. U.S. stock futures were marginally higher during early Asian hours.