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Markets becalmed, eyes on Japan – Oct 25

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Today’s Market News

Key developments on Friday:

  • Tokyo CPI inflation (October)
  • Japan services PPI inflation (September)
  • Singapore industrial production (September)

Calm across world markets on Thursday that saw the dollar and U.S. bond yields soften and stocks consolidate bodes well for markets in Asia on Friday as attention focuses on political and economic events in Japan.

BOJ  policy meeting next week.

The Japanese yen recovered some ground on Thursday, clocking its biggest rise in a month and pushing the dollar down to 151.50 yen from Wednesday’s three-month high above 153.00

Despite the modest reversal on Thursday, the spike in the dollar and U.S. bond yields recently to three-month highs has helped put Asian stocks on course for a third consecutive weekly loss.

Index Last Change % Change

trading lower

42,374.36 -140.59 0.33%Negative

trading higher

18,415.49 +138.83 0.76%Positive

trading higher

5,809.86 +12.44 0.21%Positive
Index Last Change % Change

trading lower

Nikkei Index

.N225

38,003.28 -140.01 0.37%Negative

trading lower

20,489.62 -270.53 1.30%Negative

trading lower

80,065.16 -16.82 0.02%Negative

Source: LSEG, opens new tab – data delayed by at least 15 minutes

For more news visit Reuters.com