Japan's Finance Minister Shunichi Suzuki and US Treasury Secretary Janet Yellen met Thursday and agreed to uphold existing foreign exchange-rate agreements
Spot gold was down 0.4% at $1,950.61 per ounce, as of 0502 GMT. U.S. gold futures were down 0.1% at $1,953.00
By Bharat Gautam
US Treasury yields dipped after hitting three-year highs on Wednesday as buyers emerged. Benchmark 10-year yields were last at 2.8455%, after reaching 2.981% overnight, the highest since Dec. 2018
The U.S. dollar hit 129.43 yen on Wednesday for the first time since April 2002 earlier in the session, before easing to 127.79 yen, down 0.8%
Spot gold fell 1.3% to $1,953.19 per ounce by 02:30 p.m. ET (1830 GMT). U.S. gold futures settled down 1.4% at $1,959
A significant cut to global growth expectations from the World Bank, paired with March weakness in China's latest economic numbers injected some pessimism into US markets
Stocks were up in early trading, with the Dow Jones Industrial Average rising 0.22%, the S&P 500 climbing 0.25% and the Nasdaq Composite up 0.23%
The benchmark 10-year US Treasury yield hit a three-year high last week in the wake of hawkish comments from Fed officials
The dollar index advanced to 100 for the first time in nearly two years. It rose as high as 100.19, its highest since May 2020.
Ukrainian leaders called on Thursday for the democratic world to stop buying Russian oil and gas, and cut Russian banks entirely from the international financial system.
NEW YORK (Reuters) - Stock indexes mostly rose on Thursday as investors snapped up beaten-down shares, while the U.S. dollar climbed to its highest in nearly two years and the U.S. Treasury 10-year yield touched a three-year high following hawkish signals from the Federal Reserve.
Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions.
Bond yields slipped from multi-year highs on Thursday, offering some respite to equities after US Fed minutes released previous day reinforced the rate-hike momentum already priced into markets
Global share prices eased and US Treasury yields hit multi-year highs on Wednesday as investors bet that US Fed will couple shrinking of its balance sheet next month with a big interest hike
Gold held steady on Tuesday as safe-haven demand spurred by the possibility of new sanctions on Russia countered a rise in US Treasury yields and expectations of interest rate hikes by Federal Reserve
A rally in the stock market tends to raise bond yields as money moves from the relative safer investment bet to riskier equity stock markets
The Nasdaq fell about 0.16% as technology and healthcare stocks pulled back, while the Dow Jones Industrial Average and S&P 500 edged up about 0.5%
Investors are concerned about wild price swings in the commodities markets due to the Ukraine crisis and sanctions on Russia.
Asian shares fell on Thursday, while the sell-off in U.S. Treasuries paused and oil prices rose, as investors and traders weighed the latest developments in the Ukraine war