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Stock impact report

Morning Bid: Yen slips anew with Amazon due, Treasury plans irk [Yahoo! Finance]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Company Research Source: Yahoo! Finance
World markets stalled on Tuesday as another heavy earnings week for megacap stocks cranked up, with renewed slippage in Japan's yen and U.S. Treasuries eyed closely in the background. Major macro market moves are likely in check for now as the Federal Reserve starts its latest two day policy meeting - with Wall Street also eyeing first quarter results from two more top ten world caps Amazon and Eli Lilly. News of a larger U.S. Treasury borrowing slate for the coming quarter than previously estimated unnerved the bond market a touch overnight. Blaming lower cash receipts, the government said late Monday it expects to borrow $243 billion in the second quarter - some $41 billion more than it said in January. But currency markets remained focussed on the fate of the yen as it fell again earlier on Tokyo's return from Monday's public holiday - during which suspected official intervention lifted it from a trough of 160 per dollar. As the Nikkei stock benchmark jumped more than 1% o Show less Read more
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