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

Reported 10 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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