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China jitters pull Asian stocks to seven-month low

China jitters pull Asian stocks to seven-month low

7/27/2021 7:55:00 AM

China jitters pull Asian stocks to seven-month low

Asia's stock markets fell to fresh troughs on Tuesday led by a third straight session of heavy selling in Chinese internet giants, while bond and currency markets traded on edge ahead of the Federal Reserve policy meeting.

due later in the week.In addition, the Federal Reserve will begin its two day meeting later on Tuesday, with investors set to scrutinise a statement and press conference from Fed Chair Jerome Powell due late Wednesday.They will be looking to see how the central bank will balance fast-rising prices with the complication of increased coronavirus infections.

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All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday but S&P 500 futures dropped 0.14%.The looming Fed meeting kept a dampener on major moves in other asset classes.The dollar hovered a little below recent highs, with the euro and sterling gaining some ground, the latter helped by a decline in new daily COVID-19 cases in the UK.

U.S. Treasury yields rose in early Asian trading on Tuesday, following a choppy Monday.The yield on benchmark 10-year Treasury notes was 1.2812% compared with its U.S. close of 1.276%, while the two-year yield touched 0.2134% compared with a U.S. close of 0.196%.

Gold was slightly higher, with spot gold trading at $1,797.28 per ounce, while U.S. crude ticked up 0.43% to $72.22 a barrel.Bitcoin dropped to below $37,000 from a Monday peak of $40,581 after offered a qualified denial of a weekend news report that said it was preparing to accept cryptocurrencies.

Reporting by Alun John; Editing by Lincoln Feast and Ana Nicolaci da CostaOur Standards:More from ReutersSign up for our newsletterSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox. Read more: Reuters Top News »

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Small scenes, how big things are jumping up and down, calm down this is terrible news 中国的发展牵动全世界的神经。如今的世界,你中有我,我中有你。一起发展,避免对抗。China's development affects the nerves of the whole world. Today's world, you have me, I have you. Develop together and avoid confrontation.

Ex-NFL Player/Coach Wants To Meet Roger Goodell Over Anti-Asian RemarkEugene Chung says he was told during a job interview that Asian Americans were “not the right minority” in the NFL. highonhr Well duh, there to damn small, they would get killed on a football field

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NYC Chinatown museum reopens with anti-Asian racism exhibitThe Museum of Chinese in America marked its reopening with an exhibit on Asian Americans and racism that it curated partially through submissions gathered during the pandemic and a surge of anti-Asian bias incidents around the country. 说到博物馆,看看美国、英国一些博物馆放着其它国家的国宝,那就是对美英口口声声文明的讽刺。

Diving-Britain upsets China in the men's 10m synchronised platformBritain pulled off a stunning victory in the men’s 10 metre synchronised platform diving at the Tokyo Games on Monday, ending China's golden run in the event. lmaoooo go britain This title is unsuitable. British athlete finished the game in the last role amazingly. But there is no need to be so excited about someone defeated specific country , it's opposite to the spirit of Olympic.