Japanese government bond prices fell on Wednesday, tracking overnight losses in U.S. Treasuries, as investors favoured riskier assets after top U.S. and Chinese officials reaffirmed their commitment to a trade deal.
The dollar and the euro traded cautiously on Wednesday as investors refrained from taking risky bets a day ahead of a key speech by Federal Reserve Chairman Jerome Powell.
Oil prices were mixed in early trade on Thursday even as oil rigs and refineries shut ahead of a massive storm in the Gulf of Mexico racing towards Texas and Louisiana, with slim worries about the impact on supply as oil stockpiles remain high.