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World Forex Market

Saturday, November 1, 2008

Asia-Pacific Market Recap: Fixed Income Gaining, Equities Mixed

Asia-Pacific fixed income markets are gaining and equities closed mixed with yields on Australian 10-year bonds down 6.0 bps to 5.17% and Japanese 10-year government bonds down 1.6 bps to 1.48%.

Sydney's S&P ASX 200 closed up 16.90 points to 4018.

The Japanese Nikkei closed down 452.78 points to 8576.98 and the Hang Seng down 780.88 points to 13548.97.

Yields on three-year Australian bonds were down 14.6 bps to 5.39 and the Australian 90-day March 09 contract was up 2.0 ticks to 95.51.

The Euroyen March 09 contract was up 2.5 ticks to 99.41.

The Australian dollar was down 2.19 cents to 0.6605 against the USD and down 1.07 cents to 0.8083 against the Canadian dollar.

Against the yen, the U.S. dollar was down 1.62 points to 96.96 and the Canadian dollar was down 2.86 points to 79.26.

The euro was down 2.20 cents to 1.2698 USD.

Generated by CEP Newswires

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