Rates now are expected to bottom out at 3.9 per cent by the end of next year, much higher than just a few months ago
Asian stocks have taken the cue from Wall Street, with MSCI's broadest index of Asia-Pacific shares outside Japan down 1 per cent
Dollar index, which measures the US currency against six rivals, was steady at 106.77 and on course for 5 per cent gain for the year
China's blue chip index eased 0.2 per cent, having dropped more than 2 per cent last Friday
It has been a week of rate cuts from Switzerland, Canada and the European Central Bank, which had rate differentials working in the favour of the US dollar
The Australian dollar surged after employment data topped estimates by a wide margin
Mood was generally upbeat after US November payrolls showed enough of a recovery to assuage concerns of a slowdown
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 per cent in part due to a 1.7 per cent drop in South Korea's KOSPI
The S&P 500, Nasdaq and Dow all notched record highs overnight and bitcoin, at times a barometer of the mood, was back within a whisker of $100,000
The benchmark KOSPI index was down nearly 2 per cent, taking its year-to-date losses to over 7 per cent
Asian stock rose on Friday following Wall Street gain after market superstar Nvidia and another round of companies said they're making even fatter profits than expected. US futures fell. Geopolitical tensions pushed oil prices higher. On Thursday, President Vladimir Putin announced that Russia had fired a new intermediate-range ballistic missile at Ukraine in response to Kyiv's use this week of American and British missiles capable of reaching deeper into Russia. Japan's benchmark Nikkei 225 added 1% to 38,415.32 after the nation's inflation data slowed to 2.3% in October from 2.5% in the prior month, reaching its lowest level since January. The readings will be one of the key topics at the Bank of Japan's policy meeting in December, where some investors anticipate an increase in the short-term policy rate to 0.5% from 0.25%. Australia's S&P/ASX 200 rose 1% to 8,407.50. South Korea's Kospi was up 1.2% at 2,509.06. Hong Kong's Hang Seng shed less than 0.1% to 19,594.52, while the ..
Prevailing geopolitical concerns following the escalating conflict in Ukraine earlier this week led safe-haven assets higher, including gold and government bonds
Tech shares advanced, tracking Wall Street's recovery from last week's steep losses although Nvidia's upcoming earnings on Wednesday limited the scope for big moves
Stock Market Highlights: 29 out of the 50 constituent stocks of the benchmark NSE Nifty50 ended lower, dragged by Hindustan Unilever, Britannia Industries, BPCL, Tata Consumer, and Nestle India
Bond yields have soared since Donald Trump was elected back to the White House last week on expectations lower taxes
Investors anticipate Trump's second four-year term in office will bring equities-boosting tax cuts and looser regulations
Stock Market Highlights: As many as 41 out of 50 constituent stocks of Nifty50 ended higher, led by BEL, Adani Enterprises, TCS, HCL Tech, and Wipro
Stock Market Highlights: Indian benchmark equity indices declined after a lower open on Monday, amid mixed global cues
Asian currencies have come under pressure in October, as rising odds of a Donald Trump presidency and uncertainties over the pace of the Federal Reserve's easing bolstered the greenback
Stock Market Highlights: Benchmark equity indices BSE Sensex and Nifty 50 settled in red on Thursday