Economic Calendar

Wednesday, July 23, 2008

Asia-Pacific Market Recap: Japanese Bonds Decline, Aussie Bonds Move Higher

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Market Updates | Written by CEP News | Jul 23 08 10:14 GMT |
(CEP News) - Asia-Pacific fixed income markets are mixed and equities closed higher with yields on Australian 10-year bonds down 1.9 bps to 6.44% and Japanese 10-year government bonds up 3.0 bps to 1.65%.

Sydney's S&P ASX 200 closed up 99.70 points to 5105.3. The Japanese Nikkei closed up 127.97 points to 13312.93 and the Hang Seng up 607.07 points to 23134.55.

Yields on three-year Australian bonds were down 8.0 bps to 7.57 and the Australian 90-day September 08 contract was up 1.0 tick to 92.23.

The Euroyen September 08 contract was flat at 99.15.

The Australian dollar was down 0.66 cents to 0.9648 against the USD and down 0.50 cents to 0.9742 against the Canadian dollar.

Against the yen, the U.S. dollar was up 0.46 points to 107.78 and the Canadian dollar was up 0.27 points to 106.74.

The euro was down 0.50 cents to 1.5741 USD.

All data taken at 6:12 a.m. EDT.

Generated by CEP Newswires, edited by Nancy Girgis, ngirgis@economicnews.caThis email address is being protected from spam bots, you need Javascript enabled to view it

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