Asian stocks fell on Monday, as a stronger yen and a drop in US consumer spending revived concerns about the corporate earnings outlook, reports Bloomberg. However, futures on the S&P500 Index rose 0.4%, even after US commercial lender CIT filed for bankruptcy on Sunday and after the gauge fell 2.8% on Friday, as figures showed that US consumer spending in September fell by 0.5% - the most in five months.
Asian markets (Mon)
04:15 GMT
Nikkei225 down 211.30 (-2.11%) 9,823.44
Topix down 15.31 (-1.71%) at 879.36
Hang Seng down 347.01 (-1.60%) at 21,405.86
US markets (Fri)
S&P 500 down 29.92 (-2.81%) at 1,036.19
DJIA down 249.85 (-2.51%) at 9,712.73
Nasdaq down 52.44 (-2.50%) at 2,045.11
European markets (Fri)
Eurofirst 300 down 21.03 (-2.11%) at 976.46
FTSE100 down 93.17 (-1.81%) at 5,044.55
Currencies
04:10GMT
€/$ 1.4751 (1.4852)
$/¥ 90.13 (91.32)
£/$ 1.6437 (1.6569)
Commodities (continuous)
04:12 GMT
Brent Crude (ICE) up $0.62 at $75.82
Light Crude (Nymex) up $0.42 at $77.42
100 Oz Gold (Comex) up $3.80 at $1,044.20
Copper (Comex) up $1.95 at $297.50
10-year government bond yields (%)
04.15 GMT
US 3.41 (3.49)
UK 3.62 (3.67)
Germany 3.22 (3.32)
Japan 1.42 (1.41)
Sources: FT, Reuters, Bloomberg
