Stocks ease despite upbeat Samsung forecast, yen languishes
Silver fell almost 1% to US$61.47 an ounce and copper edged 0.21% lower to US$13,375.00 a ton.
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Summary
Silver fell almost 1% to US$61.47 an ounce and copper edged 0.21% lower to US$13,375.00 a ton. US crude rose 0.54% to US$68.92 a barrel and Brent rose to US$72.34 per barrel, up 0.49% on the day. In commodity markets, gold lost 0.49% to US$4,143.59 an ounce.
Furthermore, South Korean shares slumped 4.1%, while MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.73%. South Korean chipmaker SK Hynix launched on Monday a US share sale to raise 43 trillion won (US$28.07 billion) and drew indications of interest for up to US$7 billion from major investors. Broadcom announced it had expanded its partnership with Apple to develop and supply custom chips through 2031.
In addition, Japan is scheduled to hold an auction of 30-year government bonds on Tuesday. In currency markets, the yen languished near 40-year lows on Tuesday as traders grew emboldened to push the currency lower with no sign yet of intervention by Japanese authorities, though the risk of a surprise yen-buying move by Tokyo kept losses in check.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
Silver fell almost 1% to US$61.47 an ounce and copper edged 0.21% lower to US$13,375.00 a ton.
reliability moderate2/2 sourcesUS crude rose 0.54% to US$68.92 a barrel and Brent rose to US$72.34 per barrel, up 0.49% on the day.
reliability moderate2/2 sourcesIn commodity markets, gold lost 0.49% to US$4,143.59 an ounce.
reliability moderate2/2 sourcesSouth Korean shares slumped 4.1%, while MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.73%.
reliability moderate2/2 sourcesSouth Korean chipmaker SK Hynix launched on Monday a US share sale to raise 43 trillion won (US$28.07 billion) and drew indications of interest for up to US$7 billion from major investors.
reliability moderate2/2 sourcesBroadcom announced it had expanded its partnership with Apple to develop and supply custom chips through 2031.
reliability moderate2/2 sourcesJapan is scheduled to hold an auction of 30-year government bonds on Tuesday.
reliability moderate2/2 sourcesIn currency markets, the yen languished near 40-year lows on Tuesday as traders grew emboldened to push the currency lower with no sign yet of intervention by Japanese authorities, though the risk of a surprise yen-buying move by Tokyo kept losses in check.
reliability moderate2/2 sources
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