Stock sell-off rolls to Asia, bonds rally on coronavirus risk stoking fears of a prolonged world economic slowdown
4 years, 10 months ago

Stock sell-off rolls to Asia, bonds rally on coronavirus risk stoking fears of a prolonged world economic slowdown

Firstpost  

The spread of a new coronavirus has accelerated so much in Europe, Britain and North America that investors who once played down the virus are now re-assessing the risks, which means more volatility in financial markets Tokyo: Asian shares fell on Friday following another Wall Street rout as disruptions to global business from the coronavirus beyond China worsened, stoking fears of a prolonged world economic slowdown. #CNBCTV18Market | Asian indices trade lower as coronavirus fears persist pic.twitter.com/O8wqRF4SxM — CNBC-TV18 March 6, 2020 MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.5 percent. Yields on 10-year US Treasuries fell to a record low as investors increased bets that the Federal Reserve will follow this week’s surprise 50 basis point rate cut with further easing to prevent corporate bond spreads from widening further. #CNBCTV18Market | US equities plunged on Thursday, erasing most of the steep gains in the previous session, as markets remained highly volatile in the face of the fast-spreading #coronavirus pic.twitter.com/97h2INk5Aq — CNBC-TV18 March 6, 2020 Tumbling yields hammered the dollar, which traded near a six-month low versus the yen and close to a two-year trough against the Swiss franc.

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History of this topic

Stock market today: Asian shares slide further as rate cut, tariff worries hit market sentiment
Trending News
5 days, 5 hours ago

Stock market today: Asian shares slide further as rate cut, tariff worries hit market sentiment

Associated Press  

BANGKOK — Shares fell Friday in Asia after U.S. markets were closed to observe a National Day of Mourning for former President Jimmy Carter. Regional markets saw a broad decline that analysts said reflects weakening confidence about the chances of further interest rate cuts by the Federal Reserve given recent data showing unexpected strength in the U.S. economy. Minutes from …

Global yield fever cools, but EM conditions tighten
5 days, 13 hours ago

Global yield fever cools, but EM conditions tighten

Live Mint  

By Jamie McGeever Jan 10 - A look at the day ahead in Asian markets. Investors in Asia approach the end of a bumpy week hoping that the relative calm that descended on the dollar and a shortened U.S. bond market session on Thursday can extend into the local session on Friday. With the December U.S. employment report looming large …

Asian stocks, dollar hold their own to close out strong 2024
2 weeks, 1 day ago

Asian stocks, dollar hold their own to close out strong 2024

Live Mint  

* Most Asian stock markets eke out gains for the year * Dollar dominates, set for strong annual gain * Gold soars 26% in bumper 2024 * Thin volumes ahead of New Years holiday; Japan markets shut By Ankur Banerjee SINGAPORE, Dec 31 - Asian stocks eased on Tuesday in cautious end-of-year trading that has seen investors scale back bets …

Dollar reigns with the support of higher yields
2 weeks, 2 days ago

Dollar reigns with the support of higher yields

Live Mint  

SINGAPORE, Dec 30 - The Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S. yields as thin year-end liquidity kept most currencies in tight ranges. "Despite paid forecasters almost universally calling for a weaker U.S. dollar in 2024, the greenback looks set to close the year higher against all major currencies with the buck …

Asia shares dip as high yields test valuations
2 weeks, 2 days ago

Asia shares dip as high yields test valuations

Live Mint  

By Wayne Cole SYDNEY - Asian shares edged lower on Monday as high Treasury yields challenged lofty Wall Street equity valuations while underpinning the U.S. dollar near multi-month peaks. Yet yields on 10-year Treasuries are near eight-month highs at 4.631% and ending the year around 75 basis points above where they started it, even though the Fed delivered 100 basis …

Asia shares rise, dollar supported by elevated bond yields
Trending News
3 weeks, 1 day ago

Asia shares rise, dollar supported by elevated bond yields

Live Mint  

* Chinese authorities pledge more support for economy * Fed outlook remains top of investors' minds * Dollar, US yields steady near milestone highs By Rae Wee SINGAPORE, Dec 24 - Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the greenback held near a two-year high helped by elevated U.S. Treasury yields as …

Yen-Hedged US Bond Yields Are Positive for First Time Since 2022
3 weeks, 1 day ago

Yen-Hedged US Bond Yields Are Positive for First Time Since 2022

Live Mint  

Currency-hedged Treasury yields for Japanese investors have risen above zero for the first time in more than two years as the Federal Reserve cut interest rates. “Positive hedged yields increase investment appeal for US bonds,” said Eiichiro Miura, head of the strategic investment department at Nissay Asset Management Corp. in Tokyo. “The Japanese inflows into US bonds were probably driven …

Asian Markets May See Outsized Slump After Fed, Analysts Say
3 weeks, 6 days ago

Asian Markets May See Outsized Slump After Fed, Analysts Say

Live Mint  

-- Asian stocks and currencies are likely to slide Thursday after the Fed signaled a slower pace of rate cuts at its policy meeting, according to analysts. The region’s sensitivity to dollar movements is likely higher given the rise in US Treasury yields, with currencies including the Korean won and Indonesian rupiah among the most vulnerable, they say. Here’s what …

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower
1 month, 2 weeks ago

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower

Associated Press  

BANGKOK — Shares opened higher in Europe on Thursday after a mixed session in Asia following a Big Tech-led retreat on Wall Street. South Korea’s Kospi gained less than 0.1% to 2,504.67 after the central bank cut its benchmark interest rate to relieve pressure on its slowing economy. Hong Kong’s Hang Seng index lost 1.2% to 19,366.96 and the Shanghai …

Yen Strengthens on Dollar as US Bond Yields Fall: Markets Wrap
1 month, 2 weeks ago

Yen Strengthens on Dollar as US Bond Yields Fall: Markets Wrap

Live Mint  

A stronger yen weakened Japanese equity futures Thursday after a rally in Treasuries weighed on yields and the dollar. The S&P 500 fell 0.4% after touching a record high in the prior session, while the Nasdaq 100 dropped 0.9% as tech stocks weighed on the US market. Shares in Microsoft Corp. fell after the US Federal Trade Commission opened an …

Asia shares wobble on China angst; long-end US bond yields rise with dollar
Trending News
2 months ago

Asia shares wobble on China angst; long-end US bond yields rise with dollar

Live Mint  

By Rae Wee SINGORE - Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world's largest economy. In the broader market, traders responded to a U.S. inflation print that was in line with expectations by ramping up bets of …

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade
Trending News
2 months ago

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade

Associated Press  

HONG KONG — Asian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory. Stocks had been broadly rising since last week on expectations that Trump’s preference for lower tax rates and other policies may mean faster economic growth, as well as bigger U.S. government debt …

Stock market today: Asian shares fall after Wall Street pulls back from its records
2 months, 3 weeks ago

Stock market today: Asian shares fall after Wall Street pulls back from its records

The Independent  

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Japan stocks lift Asian market higher after US retail data boost Wall Street
4 months, 4 weeks ago

Japan stocks lift Asian market higher after US retail data boost Wall Street

The Independent  

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Asian stocks routed, European markets slump amid US recession concerns following weak jobs report
5 months, 1 week ago

Asian stocks routed, European markets slump amid US recession concerns following weak jobs report

Hindustan Times  

Global markets plunged on Friday as a weaker-than-expected U.S. jobs report sparked fears of an impending recession. European market drops amid recession fear Japan’s economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment, keeping policymakers under pressure to deploy new stimulus measures to support a fragile recovery. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Over the …

Asia stocks plunge as fears of recession grow
5 months, 1 week ago

Asia stocks plunge as fears of recession grow

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Stocks fell over seven per cent in morning trade …

Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids
5 months, 3 weeks ago

Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids

Associated Press  

TOKYO — Asian shares dropped in Thursday morning trading, with Tokyo’s benchmark losing more than 1,000 points at one point and closing down more than 3%, as pessimism set in over a nose-dive on Wall Street. U.S. stock indexes suffered their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around …

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally
5 months, 4 weeks ago

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally

Associated Press  

TOKYO — Asian shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China. The markets’ spotlight was squarely on chip companies after a report from Bloomberg News said President Joe Biden is considering the most severe trade restrictions available if …

Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record
5 months, 4 weeks ago

Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record

Associated Press  

Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. The Dow Jones Industrial Average leaped 1.9% to 40,954.48, and the Nasdaq composite lagged with a gain of 0.2% to 18,509.34, as the stars dimmed for some of the year’s …

Stock market today: Asian shares are mostly lower ahead of key US inflation report
6 months, 2 weeks ago

Stock market today: Asian shares are mostly lower ahead of key US inflation report

Associated Press  

BANGKOK — Shares fell Thursday in most Asian markets ahead of a key U.S. inflation report due Friday that might point the way ahead for interest rates. The markets’ big focus this week is on a U.S. government inflation report due Friday. AP AUDIO: Stock market today: Wall Street drifts in subdued trading around last week’s records Markets are moving …

Stock market today: Asian shares mostly decline as Nvidia weighs on Wall Street
6 months, 3 weeks ago

Stock market today: Asian shares mostly decline as Nvidia weighs on Wall Street

The Independent  

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Yen Wipes Out Friday’s Gain as Market Focus Returns to Yield Gap
8 months, 1 week ago

Yen Wipes Out Friday’s Gain as Market Focus Returns to Yield Gap

Hindustan Times  

The yen extended losses, unwinding its sharp rebound on Friday, as traders shifted their focus back to Japan’s interest-rate outlook. Yen Wipes Out Friday’s Gain as Market Focus Returns to Yield Gap The currency was down 0.5% at 153.76 per dollar in Asian trading on Monday. That’s after jumping as much as 1.2% in the last session, when surprising softness …

Asian Stocks Fall in Wake of Iran Attack on Israel: Markets Wrap
9 months ago

Asian Stocks Fall in Wake of Iran Attack on Israel: Markets Wrap

Live Mint  

-- Shares in Asia slipped Monday, tracking a fall in US equities, as markets grappled with ratcheting tensions after Iran’s unprecedented attack on Israel at the weekend. In Asia “the financial and tech sectors may experience the deepest pain — higher energy prices are likely to darken the shadow on the inflation trajectory, resulting in higher rates for a longer …

Stock market today: Asian shares trade mixed after Wall Street closes near record finish
9 months, 3 weeks ago

Stock market today: Asian shares trade mixed after Wall Street closes near record finish

Associated Press  

TOKYO — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates. Japan’s Nikkei 225 shed 0.7% to 40,619.40, as investors sold shares to lock in profits after the benchmark recently hit record highs. A top Japanese finance official expressed reservations about the recent surge in the U.S. dollar against …

Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
10 months, 2 weeks ago

Stock market today: Asian shares mostly decline, while Tokyo again touches a record high

Associated Press  

TOKYO — Asian shares mostly declined Monday, although Tokyo’s benchmark Nikkei 225 index touched another record high in morning trading. On Friday, Wall Street finished the week with a record high, mostly on the back of a strong technology sector. That marks another record high for the benchmark index and its sixth winning week in the last seven. Among the …

Stock market today: Asian shares drop after disappointing US inflation data sends Dow down
11 months ago

Stock market today: Asian shares drop after disappointing US inflation data sends Dow down

Associated Press  

TOKYO — Shares declined Wednesday in Asia after disappointingly high U.S. inflation data sent stocks sliding on Wall Street, raising prospects that interest rates will remain elevated for longer. Tuesday on Wall Street, the S&P 500 tumbled 1.4% to 4,953.17 as traders delayed forecasts for when the Federal Reserve will deliver the cuts to interest rates they crave so much. …

Stock market today: Asian stocks track Wall Street gains and Japan’s inflation slows
11 months, 3 weeks ago

Stock market today: Asian stocks track Wall Street gains and Japan’s inflation slows

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asia markets mostly advanced Friday …

Stock market today: Asian markets track Wall Street’s decline, eroding last year’s gains
1 year ago

Stock market today: Asian markets track Wall Street’s decline, eroding last year’s gains

Associated Press  

Asian shares dropped Wednesday after Wall Street started 2024 with a slump, giving back some of its powerful gains from last year. Hong Kong’s Hang Seng lost 1.1% to 16,603.00, influenced by a 2% drop in technology shares, and the Shanghai Composite index shed 0.1% to 2,960.12, with persisting concerns regarding the strength of China’s economic growth adding downward pressure. …

Stock market today: Asian shares gain after Wall Street ticks higher amid rate-cut hopes
1 year ago

Stock market today: Asian shares gain after Wall Street ticks higher amid rate-cut hopes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares mostly advanced on …

Stock market today: Asian shares fall over China-US jitters following Biden’s meeting with Xi
1 year, 2 months ago

Stock market today: Asian shares fall over China-US jitters following Biden’s meeting with Xi

Associated Press  

BANGKOK — Asian shares have retreated after Wall Street added a bit more to its big rally from a day before, while U.S. futures and oil prices were lower. Biden and Xi emerged from their first face-to-face meeting in a year vowing to stabilize the fraught relationship between the world’s two biggest economies. Wall Street’s overall moves were tentative coming …

Stock market today: Asian markets slip as rising yields in the bond market pressure stocks
1 year, 3 months ago

Stock market today: Asian markets slip as rising yields in the bond market pressure stocks

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian markets slipped on Friday …

Stock market today: Asian shares rise, buoyed by Wall Street rally from bonds and oil prices
1 year, 3 months ago

Stock market today: Asian shares rise, buoyed by Wall Street rally from bonds and oil prices

Associated Press  

TOKYO — Asian shares advanced Thursday after a plunge in oil prices aided a recovery on Wall Street. On Wall Street, that’s currently good news because a cooling job market could mean less upward pressure on inflation. The Fed is paying particular attention to the job market because too much strength there could drive wages for workers much higher, which …

Wall St reverses sell-off, dollar slides, Treasury yields rise on BOJ policy shift
2 years ago

Wall St reverses sell-off, dollar slides, Treasury yields rise on BOJ policy shift

Live Mint  

U.S. stocks rose on Tuesday, rebounding in light trading from a multi-session sell-off as equity investors hunted for bargains, but the greenback lost altitude and Treasury yields jumped in the wake of an unexpected policy pivot from the Bank of Japan. All three major U.S. equity indexes opened in the red but pulled a U-turn within an hour, while a …

Asian shares mostly lower as recession fears deepen
2 years, 3 months ago

Asian shares mostly lower as recession fears deepen

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares were mostly lower …

Unstoppable dollar risks worsening $71 billion Asia stock exodus
2 years, 5 months ago

Unstoppable dollar risks worsening $71 billion Asia stock exodus

Live Mint  

The dollar’s relentless rise is threatening to trigger more outflows from Asia’s emerging-market shares, spoiling hopes of the region making a comeback in the second half. The MSCI Asia ex-Japan Index has fallen 20% as foreign investors took $71 billion out of stock markets in emerging Asia outside China so far this year, already double the outflows in 2021. A …

Asian stocks fell on mounting recession fears
2 years, 6 months ago

Asian stocks fell on mounting recession fears

Live Mint  

Stocks face more losses Friday on deepening fears of an economic downturn as monetary policy tightens to fight damaging inflation. There is “a building expectation that the Bank of Japan will need to amend their policy stance closer to some version of normal” even as the central bank says low rates are still needed, Benjamin Jeffery and Ian Lyngen, strategists …

Asian benchmarks decline after bear market hits Wall Street
2 years, 7 months ago

Asian benchmarks decline after bear market hits Wall Street

Associated Press  

TOKYO — Asian shares fell across the board Tuesday after Wall Street tumbled into a bear market, indicating that major U.S. benchmarks and individual stocks have fallen 20% or more from a recent high for a sustained period of time. “Another day to digest the recent U.S. inflation data, and another day closer to the June FOMC meeting, and global …

Asian stocks sink amid US CPI hike, Covid-19 scare from China
2 years, 7 months ago

Asian stocks sink amid US CPI hike, Covid-19 scare from China

Live Mint  

Asian stocks sank on Monday and bond yields ticked higher, as red-hot U.S. inflation reignited worries about even more aggressive Federal Reserve policy tightening, and a COVID-19 warning from Beijing added to concerns about global growth. Beijing's most populous district of Chaoyang announced on Sunday three rounds of mass testing to quell a "ferocious" COVID-19 outbreak that emerged at a …

Asia markets to consolidate on interest rate fears, treasuries drop
2 years, 7 months ago

Asia markets to consolidate on interest rate fears, treasuries drop

Live Mint  

Stocks in Asia look set to kick off June lower after ending a month marked by intense volatility as fears of aggressive monetary tightening to fight inflation mounted. Treasuries extended a decline, pushing 10-year yields up about 10 basis points as traders raised bets on Federal Reserve interest-rate hikes. It starts with inflation.” President Joe Biden used a rare meeting …

Asian shares extend losses as oil prices push higher
2 years, 10 months ago

Asian shares extend losses as oil prices push higher

Associated Press  

TOKYO — Shares fell in Asia on Tuesday after Wall Street logged its biggest drop in more than a year as markets were jolted by another surge in oil prices. The surge in the price of oil past $130 per barrel on Monday was triggered by the possibility the U.S. might bar crude imports from Russia. Gold — a measure …

Asian shares pull back, chilled by decline on Wall Street
3 years, 2 months ago

Asian shares pull back, chilled by decline on Wall Street

The Independent  

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Asian shares slide after big-tech sell-off on Wall Street
3 years, 3 months ago

Asian shares slide after big-tech sell-off on Wall Street

Associated Press  

Shares have fallen in Asia after a broad slide on Wall Street led by technology companies. China-U.S. tensions regained the spotlight after U.S. Trade Representative Katherine Tai said she plans frank conversations with officials in Beijing about an interim trade deal aimed at resolving a tariff war. Tai said she did not want to “inflame trade tensions with China.” But …

Asia stocks fall as delta variant worries take center stage
3 years, 4 months ago

Asia stocks fall as delta variant worries take center stage

Associated Press  

SINGAPORE — Asian stock markets were mostly lower Friday as worries surrounding the spread of the delta variant again took center stage. “With the number of COVID-19 infections on the rise, especially in the U.S., the threat from the delta variant is becoming more apparent spurring cautious risk sentiment,” said Venkateswaran Lavanya of Mizuho Bank. A continued robust recovery in …

Asian shares fall as caution sets in on coronavirus worries
3 years, 5 months ago

Asian shares fall as caution sets in on coronavirus worries

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares fell Thursday as …

Asian markets lower on virus worries after Wall Street slips
3 years, 5 months ago

Asian markets lower on virus worries after Wall Street slips

Associated Press  

BEIJING — Asian stock markets followed Wall Street lower on Tuesday as jitters about the fast spread of the coronavirus’s delta variant dented enthusiasm about strong corporate profits. Investors looked ahead to U.S. jobs data due out this week for signs of the health of the world’s biggest economy. Wall Street’s benchmark S&P 500 index closed lower, weighed down by …

Asian shares slip after Wall Street retreat, bond yields dip
3 years, 6 months ago

Asian shares slip after Wall Street retreat, bond yields dip

Associated Press  

BANGKOK — Shares were mostly lower in Asia on Friday after stocks pulled back from their recent record highs on Wall Street as bond yields fell and investors turned cautious. But Wall Street increasingly suspects they’ve already topped out as the economy moves past the initial catapult phase of its recovery from the pandemic. Part of the sharp drop in …

Asian stocks sink after China coronavirus resurgence
3 years, 11 months ago

Asian stocks sink after China coronavirus resurgence

Associated Press  

BEIJING — Asian stock markets retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia. The government is testing millions of people in Beijing and some other cities and called on the public to avoid traveling during February’s Lunar New Year holiday. “The resurgence of cases in China, namely in the largest …

Asian stocks falter on concerns about new virus strain
4 years ago

Asian stocks falter on concerns about new virus strain

Al Jazeera  

Asian stocks dip over fears of a new virus strain in the UK, offsetting gains from news of a new US stimulus bill. Asian stocks faltered on Monday as unease over a new coronavirus strain that was shutting much of the United Kingdom offset news a deal had finally been struck on a long-awaited US stimulus bill. The British pound …

Asian stocks skid as new coronavirus cases rattle markets
4 years, 6 months ago

Asian stocks skid as new coronavirus cases rattle markets

Associated Press  

BANGKOK — Shares skidded in Asia on Thursday after a sharp retreat overnight on Wall Street as new coronavirus cases in the U.S. climbed to their highest level in two months, dimming investors’ hopes for a relatively quick economic turnaround. Coronavirus hospitalizations and caseloads have hit new highs in over a half-dozen U.S. states and new cases nationwide are near …

Asian stocks stumble on fears of second coronavirus wave
4 years, 6 months ago

Asian stocks stumble on fears of second coronavirus wave

Deccan Chronicle  

HONG KONG: Markets slipped Thursday as investors took a breather after a broad two-day rally, while concerns about a new wave of virus infections continued to play off against massive monetary easing and stimulus measures. Tokyo and Hong Kong were down one percent, while Sydney lost 1.6 percent after data showed a massive jump in Australian job losses. Wellington was …

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