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Australia all set to resume bond buying

Bloomberg Australia’s central bank kept its interest rate and yield target unchanged, while announcing it will end a three-month hiatus in bond buying, as Victoria state’s tighter and longer lockdown adds to headwinds. Reserve Bank of Australia Governor Philip Lowe and his board left the cash rate and three-year bond yield target at 0.25% on Tuesday, as expected by most ...

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Stocks lose steam in Europe with futures; bonds turn higher

Bloomberg Stocks edged down in Europe alongside US index futures while bonds turned higher as investors waited for word on whether fresh fiscal stimulus will get approvals in the world’s largest economy. Declines in health-care and food shares pulled the Stoxx Europe 600 Index lower after it briefly opened higher on the heels of a tech-fuelled rally on Wall Street ...

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Hong Kong stocks jump with property shares leading gains

Bloomberg Hong Kong stocks saw a sudden spike in afternoon trading on Tuesday, with property shares leading the advance. The Hang Seng Index rose 2% at the close as inflows from across the border continued for a seventh day. Before the advance, the gauge had fallen for three straight sessions. A measure of property stocks listed in the city increased ...

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