Asian equities swung between small gains and losses as investors weighed the fallout from the selloff in global stocks, with traders watching whether regional markets can stabilise after Wall Street’s sharp losses.
Key Events This Week
Some of the main moves in markets:
Stocks
S&P 500 futures fell 0.1% as of 9:08 a.m. Tokyo time
Hang Seng futures rose 0.5%
Japan’s Topix fell 0.2%
Australia’s S&P/ASX 200 was little changed
Euro Stoxx 50 futures fell 1.9%
Currencies
The Bloomberg Dollar Spot Index was little changed
The euro was unchanged at $1.1581
The Japanese yen was little changed at 155.46 per dollar
The offshore yuan was little changed at 7.1113 per dollar
The Australian dollar was little changed at $0.6503
Cryptocurrencies
Bitcoin rose 0.1% to $92,563.78
Ether rose 0.2% to $3,103.71
Bonds
The yield on 10-year Treasuries was unchanged at 4.11%
Japan’s 10-year yield advanced 1.5 basis points to 1.760%
Australia’s 10-year yield declined one basis point to 4.43%
Commodities
West Texas Intermediate crude fell 0.1% to $60.66 a barrel
Spot gold rose 0.1% to $4,073 an ounce