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Bloomberg Stocks in Asia dropped, with a regional benchmark heading for the lowest close in a year, as investors contemplate the risk of weaker growth thanks to woes in emerging markets. The yen gained.
European futures ticked lower. Ten-year Treasury yields held at 2. While focus remains on efforts by emerging markets from Argentina to Indonesia to sustain confidence, the potential for President Donald Bear market crypto to announce another round of tariff hikes on Chinese imports as soon as Thursday also looms large.
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Prominent voices on Wall Street are warning that U. The British pound held gains after being whipsawed amid Brexit discussions. Bitcoin fell after a report that Goldman Sachs was said to delay setting up a trading desk for cryptocurrencies.
Here are some events coming up during the remainder of this week: The public comment period expires Thursday for proposed U. The key monthly U. Currencies The yen rose 0. The offshore yuan was down 0. The Bloomberg Dollar Spot Index rose 0.
Bonds The yield on year Treasuries was stuck at 2.