{"id":479740,"date":"2022-03-29T09:14:07","date_gmt":"2022-03-29T03:44:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=479740"},"modified":"2022-03-29T09:52:00","modified_gmt":"2022-03-29T04:22:00","slug":"oil-hit-by-shanghai-shutdown-yen-sinks-as-boj-defies-the-yield-tide","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-hit-by-shanghai-shutdown-yen-sinks-as-boj-defies-the-yield-tide\/","title":{"rendered":"Oil hit by Shanghai shutdown; yen sinks as BOJ defies the yield tide"},"content":{"rendered":"<p>Asian shares faltered and oil prices slid on Monday as a coronavirus lockdown in Shanghai hit economic activity, while the yen extended its stomach-churning descent as the Bank of Japan stood in the way of higher yields.<\/p>\n<p>China&#8217;s financial hub of 26 million people told all firms to suspend manufacturing or have people work remotely in a two-stage lockdown over nine days.<\/p>\n<p>The spread of restrictions in the world&#8217;s biggest oil importer saw Brent skid $3.39 to $117.26, while U.S. crude fell $3.41 to $110.49. [O\/R]<\/p>\n<p>Risk sentiment was helped by hopes of progress in Russian-Ukranian peace talks to be held in Turkey this week after President Volodymyr Zelenskiy said Ukraine was prepared to discuss adopting a neutral status as part of a deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian shares faltered and oil prices slid on Monday as a coronavirus lockdown in Shanghai hit economic activity, while the yen extended its stomach-churning descent as the Bank of Japan stood in the way of higher yields. China&#8217;s financial hub of 26 million people told all firms to suspend manufacturing or have people work remotely in a two-stage lockdown over nine days. The spread of restrictions in the world&#8217;s biggest oil importer saw Brent skid $3.39 to $117.26, while U.S. crude fell $3.41 to $110.49. [O\/R] Risk sentiment was helped by hopes of progress in Russian-Ukranian peace talks to be [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-479740","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/479740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=479740"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/479740\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=479740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=479740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=479740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}