Asian <-rte-company state="{"_id":"00000190-4887-d497-a7fb-ec8fa20b0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">equitiesfell as traders geared up for a week of political risks and inflation data which may help guide bets on the outlook for global interest rates.
The Japanese yen was trading below 160 per dollar as top currency official <-bsp-person state="{"_id":"00000190-4887-d497-a7fb-ec8fa20d0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Masato Kanda said authorities are <-bsp-bb-link state="{"bbDocId":"SFK2MYT1UM0W","_id":"00000190-4887-d497-a7fb-ec8fa20d0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">ready to intervene to support it 24-hours a day, if needed. A <-rte-company state="{"_id":"00000190-4887-d497-a7fb-ec8fa20d0002","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">gauge of Asian currencies was little changed.
European and US share futures were also softer after the S&P 500 fell on Friday.
The moves come as markets are at a critical juncture for positioning into the second half of 2024 with ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.