Asia markets down; U.S. shutdown and Japan inflation weigh on sentiment
Comments
Asia stocks trade lower on Friday, tracking weakness on Wall Street after funding bills aimed at ending the US government shutdown failed to pass the Senate for the seventh time on Thursday. Traders assessed remarks from Fed officials on interest rates and
Quick Insights
Asia stocks traded lower, mirroring Wall Street losses after US shutdown funding bills failed, leading to investor caution in Asian markets.
US sanctions on entities aiding Iran created headline risk, contributing to risk aversion in Asian equities and signaling ongoing geopolitical tensions.
Higher-than-expected producer prices and accelerating bank lending suggest rising domestic inflationary pressure, potentially influencing market expectations for Japanese assets.
Recommended For You
More Trending News
Related Stocks
SymbolLast Price% ChgFXI–iShares China Large-Cap ETFEWJ–iShares MSCI Japan ETFDXJ–WisdomTree Japan Hedged Equity Fund ETFFXY–Invesco CurrencyShares® Japanese Yen Trust ETFUSD–ProShares Ultra Semiconductors ETF
Trending Analysis
Trending News
Asia markets down;U.S. shutdown and Japan inflation weigh on sentiment
