Asian shares gained in early trading Monday

Asian shares gained in early trading Monday following an unexpected jump in China’s manufacturing activity in November.

Asian Shares

  • Japan’s Nikkei NIK, rose 1.1%.
  • Hong Kong’s Hang Seng gained 0.5%.
  • The Shanghai Composite SHCOMP edged up 0.3%
  • Australia’s S&P/ASX 200 XJO,  was up 0.6%.

Currencies

  • The euro climbed 0.1% to $1.1017.
  • The Japanese yen was little changed at 109.47 per dollar, the biggest climb in more than a week.
  • The British pound increased 0.2% to $1.2934, the strongest in more than a week.

Bonds

  • The yield on two-year Treasuries decreased one basis point to 1.61%.
  • The yield on 10-year Treasuries advanced one basis point to 1.78%, the highest in more than a week.
  • Germany’s 10-year yield gained less than one basis point to -0.36%.
  • Britain’s 10-year yield increased two basis points to 0.697%, the highest in a week.

Commodities

  • West Texas Intermediate crude sank 4.6% to $55.42 a barrel, the lowest in more than a week on the biggest tumble in more than 10 weeks.
  • Gold strengthened 0.6% to $1,463.92 an ounce, the highest in more than a week on the largest climb in more than four weeks.

Source: Bloomberg.com

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