Key Points
SINGAPORE (Reuters) Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the worlds largest economy...
The worlds largest cryptocurrency last traded 1.7% higher at $90,151, having already soared more than 30% on a two-week rolling basis...
In the broader market, traders responded to a U.S. inflation print that was in line with expectations by ramping up bets of a Federal Reserve rate cut next month, though the monetary policy outlook for 2025 and beyond was clouded by Trumps return to office...
The dollar meanwhile rode longer-dated Treasury yields higher on Thursday, ignoring the rising bets of a Fed cut in December which would typically be negative for the currency...
MSCIs broadest index of Asia-Pacific shares outside Japanlast traded 0.3% lower, paring its slight gains from earlier in the session...
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