Stock markets drop as yen gains after 38-year low
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#d85cffeb ver:0.75

Stock markets drop as yen gains after 38-year low, causing nervousness about inflation and spike in bond yields. Chipmaker Micron Technology slides, dragging down Nasdaq futures. Australian bond yields rise, increasing chance of rate hike. Japanese finance minister expresses concern about sliding yen. Asian currencies stable, awaiting US economic cues. Uncertainty over US interest rates and China's weak economic data constrain sentiment towards Asian markets. Shares fall in most Asian markets ahead of key US inflation report. US equity-index futures slip, Treasury yields tick higher. Europe's stock benchmark little changed ahead of French elections. Major stock markets drop as Europeans gear up for key elections, US awaits inflation data, and Japan contemplates yen measures....

#newstr #AsianStocks #Yen #InterventionAlert #Inflation #BondYields 

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