Global shares soft; dollar, bond yields hold near multi-month highs

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LONDON :The U.S.dollar and bond yields held near multi-month peaks on Monday on expectations the Federal Reserve would slow its pace of easing, while global shares were mostly lower, with investors waiting for Nvidia's earnings release later in the week.U.S.

The shift in outlook for U.S.rates and inflation lifted the dollar to a one-year high last week.

Trump's pick of vaccine sceptic Robert F.Kennedy Jr.for the top U.S.health job has already led to a fallout in the health care sector, with drugmakers sliding at the end of last week.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Week Trump Cent Futures Rates Japan Shares Dollar Last Bank Index

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 17:42:45 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 876 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23661210

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Official Website: channelnewsasia.com

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