Over the past two weeks, markets have reassessed the outlook for tighter monetary policies from major central banks following a string of hawkish remarks.
According to the Taiwan Stock Exchange, foreign institutional investors bought a net NT$11.13 billion (US$364 million)-worth of shares on the main board, picking up large-cap electronics stocks, which sent the weighted index up 1.22 percent.
Gold futures were slightly lower Tuesday, unable to sustain gains from the previous session ahead of closely watched speeches from Federal Reserve officials.
Fed Chairwoman Janet Yellen gives two days of testimony to lawmakers on Wednesday and Thursday that could shed further light on any shift in monetary policy, with her views on a slow policy unwind likely bolstered by a June payrolls reading that was tempered by tame wage inflation (http://www.marketwatch.com/story/us-adds-222000-jobs-in-june-as-hiring-surges-2017-07-07).
Still, higher US Treasury supported the dollar.
Largely ignored in the Fed report is the debate over fiscal policy, and in particular whether the Trump administration will be able to convince Congress to lower taxes and increase infrastructure investment, and if so, the impact of such stimulus on the economy.
"Unlike in recent years, where there was very patchy growth across the world, we are seeing a synchronised upswing in the global economy", said Alex Dryden, global market strategist at JP Morgan Asset Management.
Stainless steel ingredient nickel, however, gained after Chinese steel prices reached their highest in 3-1/2 years.
"I think the increased hawkishness we have seen from the central banks has led to a fear that we could see a mini-taper tantrum", he said.
The Fed on Friday said it expects a "gradual" increase in interest rates (https://www.federalreserve.gov/monetarypolicy/mpr_default.htm) and for balance-sheet normalization to begin this year.
The ICE Dollar Index, which measures the dollar against a basket of six currencies, was 0.1% higher, at 96.13.
However, while it pushed up against the yen, it has struggled to break out, despite the widening gap between U.S. and Japanese monetary policy.
Bank of Japan is not taking any steps to make Yen stronger, experts say!
That appeared to weigh on the company's shares, which slid 58 cents, or 0.5 percent, to $113.69.
Regional markets will take cues on how the United States economy is performing and whether the Fed will undertake new policy moves, she added. A higher dollar, in which gold is priced, would also lower the value of the yellow metal.
Fultz appeared to roll his ankle in Saturday night's game and was helped to the locker room by two teammates. For only the fourth time in team history, the Sixers have signed a number one overall draft pick.
Thomas had crashed on another descent, made treacherous by rain, earlier in the day, suffering a suspected broken collarbone. The Spanish veteran cracked on the final of seven categorised climbs and lost several minutes by the finish.
The ref's initial instincts were that it was a penalty, then he spoke to his team of three and one suggested it was accidental. I think we've had a few things not go our way with injures and stuff not like that, and we haven't quibbled about it.
With the Indiana Pacers acquiring Cory Joseph, it will take Lance Stephenson out of the running for the starting point guard spot. He was the one free agent realistically available within Toronto's budget who could credibly be considered an upgrade on Carroll.
Residents in the mountain town are under orders to. "The fire is burning primarily to the northwest and southwest". According to Los Angeles Times , the fast-moving wildfires spread across 19,000 acres amid soaring temperatures.
The company added that it had mailed 12 notices about the recall effort over almost seven years to the owners of the vehicle. An autopsy found that the cause of death were the metal and plastic fragments that cut her neck from the ruptured air bag.
The two people also initially said the Boeing 767 returned to the airport under a Department of Defense escort. However, it could have conceivably been thrown open while the plane was descending, but luckily it did not.
Wimbledon , but it's better to have plenty of British players to win", Wade said in comments released by the All England Club . Konta said she was "excited and humble" to be facing Venus Williams , a match that Wade predicted the Briton would win.
News agencies tried to reach out to Disney, which owns Muppets Studio, but no statement has been released regarding the move. Details on Whitmire's departure are sparse, though CBS New York reports that he quit .
Derrius Guice Gives Amazing Ed Orgeron Impersonation
Steve Spurrier (Florida/South Carolina) and Nick Saban (LSU/Alabama) both took their second SEC job after rough stints in the NFL. The kid left Larose to become a defensive lineman himself, at Northwestern (La.) State.
NJ commuters faced with decisions as 'Summer of Hell' begins
NJ Transit's Essex, Morris and Gladstone lines will be the most affected, as trains will be routed to Hoboken. "Whether it's Gov. Amtrak, which operates the station, had been planning to make repairs to tracks and switches over the next several years.
Stanton to defend, Judge hopes to rule Home Run Derby
The fourth seed is Royals third baseman Mike Moustakas and he will go up against five seed Miguel Sano from the Minnesota Twins. He's averaged a home run every 10.1 at bats and is third in the majors with a.613 slugging percentage (Judge is first at.697).
Sharif family to come out clean in Panama case: Joya
The report said the role of off-shore companies is critical as they have been identified to be linked with their businesses in UK. From day one this was also the demand of PTI, the petitioner in Panama Papers case, that proceedings of the JIT be kept open.
Team USA claims bronze medal at U19 FIBA World Cup
Italy outscored Canada 12-10 in the final quarter but it mattered little as Canada wrapped up the title in style. Barrett, the consensus best player in the Class of 2019 and arguably the best prospect to ever come from Canada.
US Plays Panama to a Draw in Gold Cup Opener
They have to play the way they did for the opening hour against French Guiana for the full 90 minutes in their next two contests. Living up to his club form, Dwyer scored a goal in his worldwide debut against Ghana in a July 1 friendly.