Asia-Pacific Market Recap: Fixed Income Mixed, Equities Close Higher

Market Updates | Written by CEP News | Jul 31 08 06:25 GMT |

(CEP News) - Asia-Pacific fixed income markets are mixed and equities closed higher with yields on Australian 10-year bonds down 4.3 bps to 6.22% and Japanese 10-year government bonds up 0.6 bps to 1.54%. Sydney's S&P ASX 200 closed up 40.70 points to 4977.398. The Japanese Nikkei closed up 9.02 points to 13376.81 and the Hang Seng up 116.03 points to 22806.63. Yields on three-year Australian bonds were down 2.5 bps to 7.22 and the Australian 90-day March 09 contract was up 9.0 ticks to 92.63. The Euroyen March 09 contract was up 3.0 ticks to 99.11. The Australian dollar was down 0.02 cents to 0.9442 against the USD and unchanged 0.00 0.9662 against the Canadian dollar. Against the yen, the U.S. dollar was down 0.31 points to 107.83 and the Canadian dollar was down 0.34 points to 105.37. The euro was up 0.30 cents to 1.5605 USD. All data taken at 2:20 a.m. EDT. Generated by CEP Newswires CEP Newswires - CEP News © 2008. All Rights Reserved. www.economicnews.ca The Copying, Broadcast, Republication or Redistribution of CEP News Content is Expressly Prohibited Without the Prior Written Consent of CEP News. A copy of CEP News disclaimer can be found at http://www.economicnews.ca/cepnews/wire/disclaimer.