Asian shares, U.S. yields rise as investors reassess rout

Wednesday, July 21, 2021
Asian shares, U.S. yields rise as investors reassess rout © Reuters. FILE PHOTO: A staff member of the Tokyo Stock Exchange (TSE) is seen at the empty trading space in Tokyo, Japan October 1, 2020. REUTERS/Issei Kato

By Andrew Galbraith

SHANGHAI (Reuters) - Asian shares and U.S. Treasury yields rose on Wednesday, clawing back some of the week's losses as investors reassessed economic worries, but the dollar was firm on concerns over the impact of a fast-spreading coronavirus variant.

Rising COVID-19 infections have rocked global markets this week as investors dumped risk assets, seeking stability in safe haven assets like bonds. That sent stocks tumbling and pushed the benchmark U.S. 10-year yield to five-month lows on Tuesday.

But on Wednesday, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.17%, trimming its losses for the week to around 2%, while Japan's Nikkei rose 0.90% after touching six-month lows a day earlier.

Sentiment in Japan was supported by a jump in exports in June, led by U.S. demand for cars and China-bound shipments of chip-making equipment, boosting hopes for an export-led recovery.

Australian shares were up 1.21%, Chinese blue-chips added 0.76% and Taiwan shares rose 0.27%.

Seoul's KOSPI slipped 0.14% as South Korea reported a daily record of novel coronavirus cases.

"The level of volumes, the level of sporadic whip-saw price action I think is telling you that there's not a lot of conviction one way or another," said Kay Van-Petersen, global macro strategist at Saxo Capital Markets in Singapore.

But while he said peak global growth had likely passed, easy central bank policies continue to provide strong support for global asset prices even as they begin to flag the tapering of asset purchases.

"The G4 central banks' balance sheets have been compounding by 15% since 2008. And my point is that's not going to stop. It's not going to get shut off."

On Tuesday, the Dow Jones Industrial Average rose 1.62% to 34,511.99 points, the S&P 500 gained 1.52% to 4,323.06 and the Nasdaq Composite added 1.57% to 14,498.88.

The rise in share market gauges in Asia on Wednesday was matched by a fall in U.S. Treasuries prices, with the 10-year yield rising to 1.2202% from the previous day's close of 1.209%. The 2-year yield was at 0.2036%, up from a close of 0.194%.

But pointing to persistent worries around the impact of a surge in global COVID-19 infections, the dollar stayed near three-month highs on Wednesday.

"While some of the world is shrugging off rising infections as vaccination rates limit the severity of any symptoms of new cases, there are few parts of the world that can totally ignore this," said Rob Carnell, Asia-Pacific chief economist at ING.

The dollar index edged up 0.07% to 93.030, with the euro down 0.07% to $1.1771. The dollar was 0.05% stronger against the yen at 109.90.

Oil prices resumed falls after a rebound on Tuesday, with U.S. crude down 0.4% at $66.93 per barrel and Brent at $69.12, down 0.33% on the day.

Spot gold shed 0.21% to $1,806.24 an ounce.

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28-07-2021 21:21:33 (UTC+7)

EUR/USD

1.1789

-0.0024 (-0.21%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (5)

EUR/USD

1.1789

-0.0024 (-0.21%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (5)

GBP/USD

1.3861

-0.0013 (-0.09%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (2)

Sell (3)

USD/JPY

110.18

+0.43 (+0.39%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

AUD/USD

0.7327

-0.0033 (-0.45%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

USD/CAD

1.2580

-0.0020 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (6)

EUR/JPY

129.91

+0.24 (+0.19%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (5)

EUR/CHF

1.0800

-0.0002 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (8)

Gold Futures

1,794.65

-5.15 (-0.29%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (4)

Silver Futures

24.835

+0.186 (+0.75%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (2)

Copper Futures

4.4845

-0.0600 (-1.32%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (6)

Crude Oil WTI Futures

71.97

+0.32 (+0.45%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (6)

Brent Oil Futures

73.78

+0.26 (+0.35%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (7)

Natural Gas Futures

3.958

+0.016 (+0.41%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (5)

US Coffee C Futures

200.60

-1.15 (-0.57%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Euro Stoxx 50

4,096.68

+31.85 (+0.78%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

S&P 500

4,402.00

+0.54 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

DAX

15,555.95

+36.82 (+0.24%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (1)

FTSE 100

7,014.75

+18.67 (+0.27%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

Hang Seng

25,421.00

+360.13 (+1.44%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

US Small Cap 2000

2,194.40

+4.67 (+0.21%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

IBEX 35

8,727.00

+27.80 (+0.32%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (7)

BASF SE NA O.N.

66.370

-0.690 (-1.03%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (5)

Bayer AG NA

50.66

+0.07 (+0.14%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

Allianz SE VNA O.N.

209.75

-0.53 (-0.25%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (7)

Adidas AG

309.73

+0.73 (+0.24%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

Deutsche Lufthansa AG

9.948

+0.044 (+0.44%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Siemens AG Class N

133.03

-0.30 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

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Sell (10)

Deutsche Bank AG

10.468

-0.137 (-1.29%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

 EUR/USD1.1789↑ Sell
 GBP/USD1.3861Neutral
 USD/JPY110.18↑ Buy
 AUD/USD0.7327↑ Sell
 USD/CAD1.2580↑ Sell
 EUR/JPY129.91↑ Sell
 EUR/CHF1.0800↑ Sell
 Gold1,794.65Neutral
 Silver24.835↑ Buy
 Copper4.4845↑ Sell
 Crude Oil WTI71.97↑ Sell
 Brent Oil73.78↑ Sell
 Natural Gas3.958Neutral
 US Coffee C200.60↑ Sell
 Euro Stoxx 504,096.68↑ Buy
 S&P 5004,402.00↑ Buy
 DAX15,555.95↑ Buy
 FTSE 1007,014.75Sell
 Hang Seng25,421.00↑ Buy
 Small Cap 20002,194.40↑ Sell
 IBEX 358,727.00↑ Sell
 BASF66.370↑ Sell
 Bayer50.66↑ Buy
 Allianz209.75↑ Sell
 Adidas309.73Neutral
 Lufthansa9.948↑ Sell
 Siemens AG133.03↑ Sell
 Deutsche Bank AG10.468↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,660/ 5,715
(0/ 0) # 708
SJC HCM5,650/ 5,720
(-10/ -10) # 713
SJC Hanoi5,650/ 5,722
(-10/ -10) # 715
SJC Danang5,650/ 5,722
(-10/ -10) # 715
SJC Nhatrang5,650/ 5,722
(-10/ -10) # 715
SJC Cantho5,650/ 5,722
(-10/ -10) # 715
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ↀ Giá vàng thế giới
$1,797.26-2.62-0.15%
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Sản phẩmVùng 1Vùng 2
RON 95-IV2178022210
RON 95-II,III2168022110
E5 RON 92-II2049020890
DO 0.05S1637016690
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Dầu hỏa1539015690
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Brent$73.75-0.01-0.01%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.865,0023.095,00
EUR26.457,2827.833,98
GBP31.085,7332.384,22
JPY203,92214,62
KRW17,2220,96
Cập nhật lúc 18:54:22 28/07/2021
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