Asian markets mirrored Wall Street's upward trend, with Japanese and South Korean indices on the rise. The yen's unexpected gains caught traders' attention, signaling possible interventions
U.S. Treasury yields retreated from earlier highs on Tuesday in the wake of economic data, after another rise in oil prices due to the resumption of strikes in the Iran war had reignited inflation concerns and helped trigger a global bond selloff.Yields pared
Bond yields in the Euro zone are on the rise amid growing inflation and concerns over fiscal spending, with French yields hitting their highest since June 2009. Investors are anxious as markets expect the US to apply economic pressure on Iran rather than pursu
Gold prices have soared to a two-month peak as consumer inflation in the U.S. showed signs of cooling
Asian stocks rose after a subdued US inflation report eased concerns about imminent interest-rate hikes by the Federal Reserve. Brent snapped a six-day rally.The MSCI Asia Pacific Index rose 0.6%, with gauges in Japan and South Korea advancing