© Reuters. The passers-by wearing masks, protectors, following an outbreak of the coronavirus, is reflected on a screen displaying share prices outside a brokerage in Tokyo
By Tom Westbrook
SINGAPORE (Reuters) – asian equities have recorded their biggest decline in eight sessions, bonds have risen and the u.s. dollar has been firm on Thursday, the outbreak of the case of coronavirus-american and the degradation of the economic forecasts of the international monetary Fund has shaken the confidence in a recovery.
The MSCI broadest actions Asia-Pacific excluding Japan declined by 0.7 per cent, Tokyo fell 1.1%, and Australia dropped by 2.1%.
Futures contracts on shares in the United States declined 0.4%, which suggests that the slide on Wall Street on Wednesday could still have a place. In Europe, however, where reliable data have supported the appetite for risk this week, futures were marginally in the red.
The German has lost 0.1 percent and futures on the EuroSTOXX 50 lost 0.3 per cent. the futures have dropped 0.4%.
Florida, Oklahoma, and South Carolina reported Wednesday a record increase of new cases. Seven other States have recorded record highs at the beginning of the week, and Australia has recorded its largest daily increase of infections in two months.
The governors of New York, New Jersey and Connecticut have ordered the travelers from eight other States put in quarantine at their arrival, a worry for investors who had expected especially at the end of the restrictions pandemic.
Disney has delayed the reopening of theme parks and resorts in California, while Texas is facing a “massive epidemic” and is considering new restrictions are located, said the governor Greg Abbott in a television interview.
The airline, australia’s Qantas said Thursday it did not expect international operations important before at least July 2021, the carrier has announced its intention to lay off a fifth of its workforce and to raise $ 1.3 billion to stay afloat.
The international monetary Fund said it now expects a global recession that is deeper, with a production decrease of 4.9% this year, much stronger than the contraction of 3% expected in April.
“There are a few bites of reality to come “, said Damian Rooney, seller senior institutional dealer in the securities Argonaut in Perth.
“I don’t think there has been a straw that broke the back of the camel, but the people are a little nervous – there are a lot of reasons to be careful enough. ”
The dollar held on to broad gains in the day-to-day who have done it go from near a low of two weeks.
Yields on u.s. Treasury 10-year benchmark fell to its lowest level in ten days of 0,69692%. The markets of Hong Kong and mainland China were closed Thursday for the holidays.
The anxiety is likely to remain higher than the u.s. data, including numbers of applications for unemployment due at 12: 30 GMT, as well as the latest figures on the coronavirus. The confidence could be shaken by the disappointment of both sides.
“Any improvement in employment could be offset if there was a new reversal of the burden of work in the United States,” said Kyle rodda from, market analyst at Brokerage IG in Melbourne.
“It is a hand brake potential on the history of the growth rebound. ”
The chief economist of the Bank of England’s Andy Haldane must also talk about the future of the company at 17: 00 GMT. Haldane opposed the increase in the last week of the program to purchase obligations of the bank.
In addition to the concerns related to viruses, worrying signals on the front of business and political uncertainty have unnerved investors.
The United States have added items to a value of $ 3.1 billion to a list of european products that would benefit from import rights.
The administration Trump has determined that Huawei and the company’s video surveillance Hikvision, China, is owned or controlled by the chinese military, which formed the basis of sanctions and a new us-china tensions.
This has blocked a rally in the currency to be more risky, and pushed the australian dollar under 69 cents, and has stuck around 64 cents.
Gold stabilized at 1 761,85 per ounce.
futures fell 26 cents a barrel, or 0.7% to 37,75 $ and futures contracts decreased 0.8% to 39.99 $.