BRUSSELS/FRANKFURT/PARIS, Aug 19 (Bernama-dpa-AFX) -- European stocks closed mostly lower on Tuesday, weighed down by concerns about escalating tensions between Iran and the United States (US), elevated oil prices, and rising bond yields, reported dpa-AFX.
A relentless drop in China’s long-end yields is driving an aggressive curve flattening, laying bare a stark macro rift with global markets where long-dated rates have hit multi-year peaks.
With record trading volumes and new listings providing little boost for shares of Hong Kong Exchanges & Clearing Ltd., analysts are increasingly looking for a jolt from the company’s expansion of…