Stocks lose ground while bond yields rise with rates in focus

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NEW YORK/ LONDON :MSCI's global equity gauge was lower on Friday while bond yields climbed as investors waited for clues about the future path for interest rates from next week's U.S.Federal Reserve meeting.In U.S.

In precious metals, gold fell on the day but was set for a weekly gain.Spot gold fell 1.05 per cent to $2,653.17 an ounce.U.S.gold futures fell 0.96 per cent to $2,661.70 an ounce.

On the day, the dollar index, which measures the greenback against a basket of currencies, rose 0.04 per cent to 107.00, with the euro up 0.26 per cent at $1.0494.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Fell Investors Points Rose Week Data Cent Rate Dollar Three-week York

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 04:51:12 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 776 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 36 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24404140

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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