While bond yields are going up, this Friday dollar raised to its highest number in three last weeks against the yen. The recent data from the USA has grown up the chances for Fed to set the new interest rate hike till the end of this year.
And the end of 2016 is close enough, to begin expecting new statements from Fed representatives.
The data that was released yesterday by the USA government has confirmed that situation with home sales, manufacturing, and percentage of jobless people suits perfectly to the Feds promises to raise interest rates in the nearest future. Treasury yields grew up as well, after the positive data, and news from European and British colleagues.
The latest news for this week will arrive a little bit later this Friday. It is the last one for the USA, and it will show the gross domestic product in the country for the third quarter.
As for the MSCI Asian-Pacific broadest index outside Japan, it lost 0.3 percent during the trading, mainly because it couldn’t handle the pressure of investors’ new expectations for an easy money after Fed will raise the interest rates.
South Korean index KOSPI went down 0.3 percent, while Australian stocks lost 0.2 percent today. Meanwhile, Hang Seng from Hong Kong just dropped down 0.4 percent.
Japanese index Nikkei went up 0.7 percent, thanks to the weak yen.
According to the information from spread betters, British FTSE, French CAC, and German DAX will be opened a little bit lower today.