Bonds slide, Asia stocks down as US election looms

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SINGAPORE: Asian stocks turned lower on Tuesday while bond yields and the dollar hit multi-month highs and gold traded near record peaks as investors hunkered down ahead of the U.S.election.

Oil prices also steadied and Brent crude futures traded at $73.96 a barrel in Asia.

Besides the yen, foreign exchange markets steadied after a session of selling almost everything against the dollar.

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Category: EconomyBusiness

Markets: MalaysiaAustraliaBruneiChinaHong KongIndiaJapanNew ZealandSingapore

Topics: Equities Asia Markets /Business/Business News Commodities Stocks Trading

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 13:58:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 552 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23194112

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 16 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 7 hours ago

Coverage Areas: Malaysia

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Publisher ID: #22

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