Tokyo Opens Lower as Metals, Crypto and Hong Kong Lead a Broad Risk-Off Move Across Asia-Pacific
Executive summary: Asia-Pacific markets opened under pressure, with Tokyo, Seoul, Sydney and Hong Kong all lower in early trade. The sharpest moves were in silver, ether, gold, crude and Hong Kong equities, while the yen and yuan were slightly weaker against the dollar. The pattern points to a broad de-risking tone at the open, with commodities and higher-beta assets taking the heaviest hits. [Continue Reading]
Sponsored
Tokyo Opens Lower as Risk-Off Sweep Hits Asia-Pacific Markets, Gold and Oil Extend Sharp Slides
Executive summary: Asia-Pacific markets opened under heavy pressure in Tokyo, with the Nikkei 225 and Nikkei ETF both down about 2.9% as a broad risk-off move hit equities, commodities and crypto. The biggest declines were in silver, gold, WTI crude, palladium and platinum, while the yen weakened further against the dollar. The move points to a fast repricing of global risk assets, with investors also digesting a stronger dollar and softer commodity complex. [Continue Reading]

