Asian Bonds in 2022 Saw First Foreign Outflows in Six Years

Jan 17 Reuters Asia exChina bonds recorded net foreign outflows for the first time in six years in 2022 as major central banks hiked their interest rates aggressively to tame inflationary pressures. Overseas investors sold a net 4.89 billion worth of bonds in India, Indonesia, Malaysia, South Korea and Thailand, marking their firstyear net outflow […]
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Gold Slips as Dollar Gains Momentum

.DXY up 0.3 If Chinese economy recovers, gold jewellery demand will pick up analyst Jan 18 Reuters Gold prices inched lower on Wednesday as the U.S. dollar firmed, while expectations of a slowdown in the pace of the U.S. Fed39;s interest rate hikes limited losses. Spot gold dipped 0.3 to 1,902.59 per ounce, as of […]
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Iron Ore Futures Rebound as Bargain Hunting Supports

Jan 18 Reuters Iron ore futures rose on Wednesday in a bargainbuying bounce from a slump in previous sessions after investors stayed on the sidelines following China39;s state planner39;s decision to clamp down on excessive market speculation. The mosttraded May iron ore on China39;s Dalian Commodity Exchange ended daytime trade 0.9 higher at 841.5 yuan […]
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