Asian Stocks, U.S. Futures Bounce on Xi’s Address: Marketplaces Wrap

Asian Stocks, U.S. Futures Bounce on Xi’s Address: Marketplaces Wrap

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Andreea Papuc

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Adam Haigh

More stories by Adam Haigh

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Xi backs globalization in key lecture as swap strains stew

Treasury reject with amber, yen; oil supports advance Facebook Inc. Chief Executive Officer Mark Zuckerberg vouches at two Congressional hearings Tuesday and Wednesday. U.S. CPI data and FOMC minutes due Wednesday. JPMorgan Chase& Co. and Citigroup Inc. report first-quarter earnings Friday. Japan’s Topix index rose 0.7 percentage as of 11: 19 a.m. in Tokyo. Australia’s S& P/ ASX 200 Index rose 0.6 percent. The Kospi index added 0.1 percent. Hong Kong’s Hang Seng Index added 0.7 percentage. The Shanghai Composite Index gained 0.4 percent. Futures on the S& P 500 rose one percent. The S& P 500 rose 0.3 percent. The Bloomberg dollar spot index was flat. The yen descended 0.3 percentage to 107. 13 per dollar. The euro traded at $1.2314, down 0.1 percent. The Russian ruble declined 4.3 percent to 60.66 per dollar on Monday, the biggest reduce since June 2015. The yield on 10 -year Treasuries rose two basis points to 2.80 percentage. Australia’s 10 -year bond yield clambered one basis point to 2.69 percent.

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Tags: Asia, china, Federal Bureau of Investigation, Federal Open Market Committee, Free Trade, Japanese Yen Spot, Jinping Xi, markets, S&P 500 Index, Stocks, sydney

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