EUR/USD
1.12195
0.039%
Gold
4013.49
-0.268%
Oil
99.343
0.685%
USD/JPY
156.436
-0.207%
GBP/USD
1.34023
0.024%
GBP/JPY
209.666
-0.181%
Real-time News
Hang Seng Index futures opened 0.76% higher at 23,128 points, a premium of 193 points.The main polysilicon futures contract fell more than 2.00% intraday, currently trading at 35,955 yuan/ton. The main platinum futures contract fell more than 2.00% intraday, currently trading at 382.05 yuan/gram.October 23 - Japanese government bond yields fell across the board on Friday. Concerns about artificial intelligence triggered a stock market sell-off, boosting demand for safe-haven assets, while rising US Treasury prices also contributed to the strength of the Japanese bond market. The yield on the benchmark 10-year Japanese government bond fell as much as 9 basis points to 2.79%, while the yield on the 20-year bond fell 5.5 basis points. Zhengyan Lu, senior fixed income strategist at State Street Investment Management in Tokyo, said, "The bond market has finally shown the characteristics that bonds should have. When risky assets fluctuate, holding longer-term bonds can provide a diversification effect, and investors can now finally reap the benefits of holding while waiting." Despite data showing that Japans key inflation indicator rose above the Bank of Japans 2% target level for the first time this year, further supporting the markets widespread expectation of a December rate hike by the Bank of Japan, the Japanese bond market still rose on Friday. Lu Zhengyan stated that the importance of inflation data has temporarily decreased as the markets attention shifts to economic growth risks and concerns related to artificial intelligence.October 23 - A survey showed that Japans manufacturing sector expanded at its slowest pace in seven months in October, affected by slower growth in output and new orders. Japans preliminary S&P Global PMI for October fell to 53.3 from 54.1 in September. New orders for goods producers slowed to their lowest level since March, and overall new exports from Japans private sector also slowed to their lowest level in four months. The survey showed that manufacturers output growth slowed to its lowest level since March, and new orders for goods producers also slowed to their lowest level since March. Manufacturing employment grew modestly in October. Manufacturers also increased purchasing activity, leading to the largest increase in purchasing inventories in nearly four years. Service sector activity rose slightly in October. The preliminary S&P Global Japan Services PMI Business Activity Index rose to 52.0 from 51.3, with the survey showing that business activity in the services sector expanded and sales growth accelerated. Osama Bhatti, an economist at S&P Global Market Intelligence, said, "The preliminary October PMI showed that overall business activity in Japan was flat compared to the previous month and remains below the year-to-date average."The yield on Japans 5-year government bonds fell 8.0 basis points to 2.210%.
