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Global markets are mixed

Global markets witnessed mixed pricing, with statements from the Fed and China. st. Louis Fed President Bullard said that if needed, interest rates could be increased by 75 basis points. In China, new steps have been announced to support the economy.

Global markets are mixed

The new measures announced to support the economy, which was negatively affected by the Kovid-19 restrictions in China, and the hawk statements of Fed member Bullard, global markets were mixed.
causing him to watch.

The People's Bank of China asks banks to meet the "reasonable financing needs" of local governments.
He said he wanted more loans to be given to people with “flexible employment” and longer-term and cheaper loans to small businesses.

However, the Chinese CSI 300 index and the Hong Kong Hang Seng index fell. The Japanese Nikkei 225, on the other hand, stands out positively with an increase of 0.67 percent.

After Bullard's statements, the BOJ-Fed policy difference brought the Japanese yen to a 13-day continuous decline against the dollar, which was effective in the divergence of Japan.

This was the longest streak in the yen since 1971, when Bloomberg began tracking data. Meanwhile, the rise in corn and wheat prices supported the shares of some food companies in Asia. US futures up, Europe mixed.

The US 10-year bond yield returned some of yesterday's 3 basis points gain, at 2.84 percent. Dollar Index is flat.

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