Asian Stocks Poised to Fall as Yen Remains Steady Before BOJ Meeting

Reported 7 months ago

Stocks in Asia are set to decline in early Friday trading as US shares pulled back, with only tech stocks experiencing gains. Treasuries rose after a drop in producer prices, contributing to the S&P 500's record. The Bank of Japan is expected to announce a potential reduction in bond purchases, impacting Japanese interest rates and the yen. Tesla and Broadcom led gains in the US. JPMorgan predicts a positive outlook for US equities this year. In commodities, oil fluctuated and gold held steady.

Source: YAHOO

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