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Asian Stocks Drop, Yen Falls to Lowest Since 1990: Markets Wrap

(Bloomberg) — European and US equity futures slipped following weakness in Asian markets, with Meta Platforms Inc.’s disappointing outlook underscoring the risk of volatility in a high-stakes earnings week. The Euro Stoxx 50 contract edged down 0.2% while S&P 500 futures fell 0.8%. Stock benchmarks fell more than 1% in South Korea and Japan. Facebook…

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Asian Shares Led Lower by Tech; Eyes on Weak Yen: Markets Wrap

(Bloomberg) — Asian equities declined after Meta Platforms Inc.’s disappointing outlook raised concern about whether the bull market has run too far. Stock gauges slid in South Korea and Japan, while US stock futures also fell. The yen extended losses after weakening beyond 155 per dollar for the first time in more than three decades…

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Tech Stocks Drag Down US Futures Before GDP Data: Markets Wrap

(Bloomberg) — Technology stocks led declines in US equity futures Thursday after Meta Platforms Inc.’s disappointing outlook underscored the risk of volatility in a high-stakes earnings week. Nasdaq 100 contracts fell 0.9%, with Meta accounting for more than half of that decline. The Facebook parent tumbled as much as 15% in premarket trading after it…

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JGB yields rise on bet BOJ may end negative rate policy soon

Japanese government bond yields rose on Monday, tracking U.S. short-term bond yields that gained at the end of last week, as investors bet the Bank of Japan may end its negative rate policy soon. . -November 13, 2023 at 01:39 am EST - MarketScreener

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BOJ poised to face-off with bond traders as yields near limit

The BOJ’s response will determine whether Japan can defy the worldwide rise in yields as traders ramp up bets for policy normalisation.

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