Asian markets mixed after recent oil surge
- HONG KONG: Asian markets were mixed on Friday (Sep 25) after recent oil price surges, as US and Japanese bond yields hit multi-year highs with no clear end in sight for the Middle East war.
- A two-month extension of a trade truce between the United States and China left several issues unresolved, analysts said, shifting lingering risks into the future.
- Oil prices eased slightly on Friday, with Brent Crude shedding 0.8 per cent after spiking more than 3 per cent on Thursday to extend previous gains.
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- HONG KONG: Asian markets were mixed on Friday (Sep 25) after recent oil price surges, as US and Japanese bond yields hit multi-year highs with no clear end in sight for the Middle East war.
- A two-month extension of a trade truce between the United States and China left several issues unresolved, analysts said, shifting lingering risks into the future.
- Oil prices eased slightly on Friday, with Brent Crude shedding 0.8 per cent after spiking more than 3 per cent on Thursday to extend previous gains.
Sources: CNA