SYDNEY (Reuters) - Asian shares paused near historic highs on Monday while Treasury yields were at a 10-month top as “trillions” in new U.S. fiscal stimulus plans were set to be unveiled this week, stoking a global reflation trade.
BEIJING (Reuters) - China’s factory gate prices fell last month at their slowest pace since February, official data showed on Monday, suggesting China’s manufacturing sector continues to see a steady recovery from the COVID-19 shock.
SINGAPORE (Reuters) - Oil prices fell on Monday on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement restrictions in China, the world’s second-largest oil user, after a jump in cases there.
SINGAPORE (Reuters) - The dollar extended a rebound on Monday, as sharp gains in U.S. yields and hopes for more stimulus to boost the world’s largest economy prompted some investors to temper bearish bets, pulling the currency further away from recent multi-year lows.
SHANGHAI/NEW YORK (Reuters) -Asian shares rose to record highs on Friday, with Japan’s Nikkei hitting a three-decade peak as investors looked beyond rising coronavirus cases and political unrest in the United States to focus on hopes for an economic recovery later in the year.
TOKYO (Reuters) - Oil prices edged higher on Friday, hovering near 11-month highs hit the previous day, as Saudi Arabia’s pledge to make voluntary cuts to its output continued to buoy the mood in the market though worries over slower fuel demand capped gains.
