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Stock impact report

Global Markets: Asia stocks falter as dollar, U.S. yields rise to one-week high [Reuters]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: Reuters
Global Markets: Asia stocks falter as dollar, U.S. yields rise to one-week high | Reuters 5 Min Read TOKYO (Reuters) - China’s benchmark stock index skidded to four-year lows on Thursday, dragging Asian equities lower, while the dollar hit a one-week high as minutes of the Federal Reserve’s latest meeting reinforced expectations that U.S. yields will rise further. The minutes from the Fed’s Sept. 25-26 meeting showed every Fed policymaker backed raising interest rates last month and also generally agreed borrowing costs were set to rise further, despite U.S. President Donald Trump’s view that the Fed was tightening too much. With very little enthusiasm coming from Asia, financial spreadbetters expect London’s FTSE to open 5 points higher, Frankfurt’s DAX to advance just 6 points, and Paris’s CAC to add 2 points. MSCI broadest index of Asia-Pacific shares outside Japan fell 0.7 percent. China’s stock markets were hit hard, with the nation’s premier warning that the economy faces increa Show less Read more
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