In early Asian trading, US stock index futures rose. Market sentiment stabilized at the beginning of the new quarter after sharp fluctuations in the late session on Wall Street smoothed out gains caused by lower-than-expected inflation data. S&P 500 futures rose 0.2%. Previously, in the last few hours of trading on Wednesday, the index evened out gains and eventually closed down 0.2%. Micron Technology gave optimistic performance expectations, but warned that rising compensation costs would drag down profit margins. Affected by this, the opening trend of Asian stock markets is expected to diverge. After global government bonds experienced their worst quarter since 2024, bond yields continued to be the focus of the market. Oil prices surpassed $100, exacerbating the threat of stubborn inflation facing the world economy. The yield on US 30-year Treasury bonds has risen again, reaching its highest level since 2002. The money market expects the probability that the Federal Reserve will raise interest rates in October of less than 40%. In early Asian trading, the price of U.S. crude oil fell slightly to 90.10 US dollars per barrel, maintaining the gains of the previous trading day. Meanwhile, the US dollar ended its best month since March.

Zhitongcaijing · 3d ago
In early Asian trading, US stock index futures rose. Market sentiment stabilized at the beginning of the new quarter after sharp fluctuations in the late session on Wall Street smoothed out gains caused by lower-than-expected inflation data. S&P 500 futures rose 0.2%. Previously, in the last few hours of trading on Wednesday, the index evened out gains and eventually closed down 0.2%. Micron Technology gave optimistic performance expectations, but warned that rising compensation costs would drag down profit margins. Affected by this, the opening trend of Asian stock markets is expected to diverge. After global government bonds experienced their worst quarter since 2024, bond yields continued to be the focus of the market. Oil prices surpassed $100, exacerbating the threat of stubborn inflation facing the world economy. The yield on US 30-year Treasury bonds has risen again, reaching its highest level since 2002. The money market expects the probability that the Federal Reserve will raise interest rates in October of less than 40%. In early Asian trading, the price of U.S. crude oil fell slightly to 90.10 US dollars per barrel, maintaining the gains of the previous trading day. Meanwhile, the US dollar ended its best month since March.