- ASX SPI 200 futures down 0.1% to 6,907.00
- Dow Average up 0.2% to 32,803.47
- Aussie down 0.9% to 0.6909 per US$
- U.S. 10-year yield rose 14.0bps to 2.8268%
- Australia 3-year bond yield fell 2.8 bps to 2.81%
- Australia 10-year bond yield fell 5.8 bps to 3.09%
- Gold spot down 0.9% to $1,775.50
- Brent futures up 0.8% to $94.92/bbl
- 16:30: (AU) July Foreign Reserves, prior A$79.9b
Stocks in Asia look set for a cautious start on Monday following a jump in Treasury yields and the dollar on expectations of further aggressive Federal Reserve interest-rate hikes to tame inflation.
Futures dipped for Japan, Australia and Hong Kong, while S&P 500 and Nasdaq 100 contracts fell. Global shares completed a third straight advance last week in a rebound from bear-market lows.
Strong US jobs figures Friday reinforced the case for more Fed monetary tightening. They also left a question mark over wagers on a pivot to rate cuts in 2023.
That backdrop has left Treasury yields sharply higher and bolstered the dollar, which was steady against key peers in early Asian trading. Crude oil, meanwhile, retreated further below $90 a barrel.
A pair of Dutch fitness enthusiasts took on the swashbuckling challenge of performing the most pull ups from a helicopter in one minute and made a successful Guinness World Record bid – twice.
Stan Bruininck, popularly known as Youtuber Stan Browney and his fitness channel co-host Arjen Albers, staged their attempt for the Guinness World Records title at Hoevenen Airfield in Antwerp, Belgium in the presence of an official adjudicator.
Albers went first and clocked 24 pull-ups from the helicopter treads as it hovered over ground. He broke the previous record of 23, which was set by Armenian serial record breaker Roman Sahradyan.
However, the influencer’s record time only lasted as long as his attempt because Bruininck managed 25 pull-ups dangling from the helicopter shortly after.