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Asian Stocks Seen Lower as Traders Pare Back Risk: Markets Wrap

Asian Stocks Seen Lower as Traders Pare Back Risk: Markets Wrap

Bloomberga day ago
Asian stocks are poised to slip Monday after soft US jobs data dragged Wall Street lower and fueled bets on a Fed rate cut next month, sending Treasuries surging. Oil retreated as OPEC+ wrapped up a run of major output hikes.
Contracts for equity index futures in Japan, Australia and Hong Kong all pointed to losses early Monday, with Tokyo contracts down more than 2%. The moves signal that Friday's sharp retreat from risk assets — driven by rising US unemployment and slower job creation — is rippling across global markets.
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Japan's Shibaura classified as core to national security amid takeover battle
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Japan's Shibaura classified as core to national security amid takeover battle

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