Stock markets inch higher as currency war fears ease [Reuters (UK)]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
Company Research
Source: Reuters
Stock markets inch higher as currency war fears ease - Reuters 4 Min Read NEW YORK (Reuters) - Global stock markets rebounded Tuesday after China’s central bank fixed the yuan at a slightly stronger rate, soothing fears that a protracted trade war between the U.S. and China would spill over into a currency war as well. The slight gains followed a rout in global markets Tuesday after the yuan dropped past 7 to the dollar, spurring the United States to label Beijing a currency manipulator. Safe-haven assets, including bonds, gold and currencies like the yen and Swiss franc, dipped as investors moved tentatively back into the euro, sterling and some emerging-market currencies. Yet investor sentiment remained fragile. “I think the tipping point for a more prolonged negative trend (for risk assets) is quite close,” said Hans Peterson, SEB Investment Management’s head of asset allocation. On Wall Street, the Dow Jones Industrial Average .DJI rose 56.54 points, or 0.22%, to 25,774.28, the S&
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MUFG
Sec Filings
- 4/17/24 - Form 6-K
- 4/9/24 - Form 424B2
- 4/9/24 - Form FWP
- MUFG's page on the SEC website