Home / Metal News / News flash: global risk aversion mode opened in Japan and South Korea stock market fell and gold brushed an 11-year high

News flash: global risk aversion mode opened in Japan and South Korea stock market fell and gold brushed an 11-year high

iconAug 26, 2019 08:46
Source:SMM
SMM Aug. 26 News: Monday morning, gold rose sharply, Asian stock markets fell sharply, Japanese and US Treasury yields fell one after another. Prior to this, China and the United States imposed tariffs on each other.

SMM Aug. 26: Monday morning, gold rose 1.14% to break the 11-year high of $1555 / oz, Asian stocks fell sharply, Japanese and U. S. Treasury yields fell to a three-year low. Prior to this, China and the United States imposed tariffs on each other.

The offshore renminbi, which hit 7.1926 in early Asian trading against the dollar, has rebounded to 7.1692, down about 380 points from late New York trading on Friday.

Spot gold in London refreshed an 11-year high of $1555 an ounce, affected by trade frictions. The yield on Japan's 10-year benchmark bond fell to minus 0.265%, its lowest level since July 2016. The yield on the 10-year Treasury note fell to 1.4728%, the lowest since August 2016.


日经225指数开盘下跌1.86%,跌幅迅速扩大至2.6%,截止发稿日经跌2.13%,报20262.95。 韩国KOSPI指数开盘下跌1.75%,目前跌幅1.56%,报1915.34。 美国股市上周五暴跌,标普500指数下跌2.6%,道指跌2.4%,纳指跌3%。

Scan into the group and get the "SMM exclusive Industry chain package" for free.

SMM comments
headlines recommended

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All