Japanese Stocks Plunge To 1-Month Lows

Despite the screaming surge higher in late Friday trading for Nikkei 225 futures (on the back of the “well they must agree a deal this weekend” exuberance), as cash markets open in Asia, the Nikkei futures are cratering 400 points from the Friday close. The rest of AsiaPac stocks are red but Japan is worst for now. S&P futures have pushed back to overnight lows (down 11 points) and Treasury yields are 2-3bps lower.

 

    



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