{"id":134949,"date":"2018-10-05T06:20:45","date_gmt":"2018-10-05T10:20:45","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=134949"},"modified":"2018-10-05T06:20:45","modified_gmt":"2018-10-05T10:20:45","slug":"stocks-fall-while-bond-yields-rise","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/stocks-fall-while-bond-yields-rise\/","title":{"rendered":"Stocks fall while bond yields rise"},"content":{"rendered":"
October 5, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakens despite positive data<\/h2>\n<\/div>\n<\/div>\n

US equities\u00a0<\/b>erased previous session gains on Thursday as positive data lifted bond yields. The\u00a0S&P 500\u00a0<\/em>fell 0.8% to 2901.61 with nine of the 11 mains sectors ending lower.\u00a0Dow Jones\u00a0<\/em>industrial average lost 0.8% to 26627.48. The\u00a0Nasdaq<\/a>composite slumped 1.8% to 7879.51. The dollar strengthening reversed despite data showing initial jobless claims fell to multi-decade lows and factory orders rose 2.3% in August when 2.2% increase was expected. The\u00a0live dollar index<\/a>\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, fell 0.2% to 95.732 but is rising currently. Futures on stock indices point to lower openings today.<\/p>\n

\"Nd100<\/p>\n

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Higher bond yields weigh on European indices<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>were hammered on Thursday as rising US bond yields triggered a re-pricing of alternative investments – risky assets. Both the\u00a0EUR\/USD\u00a0<\/em>and\u00a0GBP\/USD\u00a0<\/em>turned higher helped by rising bond yields with Pound rising currently while euro is declining. The Stoxx Europe 600 index dropped 1.1%. Germany\u2019s\u00a0DAX 30\u00a0<\/a>slid 0.4% to 12244.14. France\u2019s\u00a0CAC 40\u00a0<\/em>fell 1.5% and UK\u2019s\u00a0FTSE 100\u00a0<\/em>lost 1.2% to 7418.34. Markets opened flat to 0.1% lower today.<\/p>\n

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Australian shares rise while Asian indices retreat<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly extending losses today led by technology shares.\u00a0Nikkei\u00a0<\/em>fell 0.8% to two-week low 23783.72 with yen little changed against the dollar. Markets in mainland China remained closed for a weeklong holiday. Hong Kong\u2019sHang Seng Index\u00a0<\/em>is down 0.4%. Australia\u2019s All Ordinaries Index however added to previous session gains rising 0.2% supported by Australian dollar\u2019s continued slide against the greenback.<\/p>\n

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Brent\u00a0<\/a>slips<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices\u00a0<\/b>are edging lower today supported by concerns the sanctions imposed by the United States on Iran\u2019s crude exports will result in tighter global supply. Prices ended lower yesterday after a report US domestic crude inventories rose sharply last week and Saudi Arabia and Russia said they would raise output to compensate for expected Iran exports declines. Brent for December settlement closed 2% lower at $84.58 a barrel on Thursday.<\/p>\n

\nMarket Analysis provided by IFCMarkets<\/a><\/p>

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Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Dollar weakens despite positive data US equities\u00a0erased previous session gains on Thursday as positive data lifted bond yields. The\u00a0S&P 500\u00a0fell 0.8% to 2901.61 with nine of the 11 mains sectors ending lower.\u00a0Dow Jones\u00a0industrial average lost 0.8% to 26627.48. The\u00a0Nasdaqcomposite slumped 1.8% to 7879.51. The dollar strengthening reversed despite data showing initial jobless claims […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-134949","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=134949"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134949\/revisions"}],"predecessor-version":[{"id":134954,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134949\/revisions\/134954"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=134949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=134949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=134949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}