Equities in Asia followed gains in US stocks and Treasuries ahead of the Federal Reserve’s preferred inflation gauge due Friday. Shares in Japan’s benchmark Topix index were set for a 34-year high. South Korean stocks climbed, while futures for Hong Kong were slightly lower. The moves follow a downbeat day […]
Treasuries
Equities retreated from their all-time highs as traders refrained from making any big bets ahead of the data. A 22V Research survey shows there’s no consensus about the market reaction — with 36% of the investors polled betting on a “risk-off” move, 33% saying “risk-on”, and 31% “negligible/mixed.” Treasuries joined […]