Asia WrapOct 02, 06:40 AM
Asia closes mixed as yields ease, oil softens and Europe opens cautious
S&P futures are up 0.2589% and Nasdaq futures are up 0.3178%. The S&P 500 ETF is up 0.2309%, the Nasdaq 100 ETF is up 0.3448%, the US 10-year yield is at 5.24, WTI crude is at 92.27 and dollar-yen is at 157.658.
S&P 500 futures 0.2589%Equity futures were firmer as rates eased and the dollar softened.
Nasdaq futures 0.3178%Tech futures outperformed in a calmer rates backdrop.
US 10-year yield -1.058%Yields backed off after staying near multi-decade highs.
WTI crude -0.6461%Oil eased after recent gains tied to Middle East tensions.
Lead: Asia closed mixed, with equities firmer overall, the US 10-year yield easing and crude softer. S&P futures are up 0.2589% and Nasdaq futures are up 0.3178% as Europe opens cautious. Session narrative: The S&P 500 ETF is up 0.2309% and the Nasdaq 100 ETF is up 0.3448%. The US 10-year yield is at 5.24, WTI crude is at 92.27 and dollar-yen is at 157.658. Cross-asset check: The dollar index slipped 0.2204%, while gold, silver and copper posted gains. Themes & continuing stories: Rates, oil and geopolitics remain the key tape drivers, with Tokyo and South Korea inflation still in focus. What’s ahead: Eurozone CPI MoM Flash is the next macro marker for Europe open.