Asian equities more subdued amid uncertainty and softer risk mood
Equities in the region are failing to build off the more positive end to US trading overnight as risk aversion creeps in slightly to start the new day. The Hang Seng is weaker by 0.1% while the Shanghai Composite is flat currently as more subdued tones take over.
US futures continue to sit 0.3% weaker on the day while Treasury yields are lower across the curve, hinting at a softer risk mood as we begin European trading. As such, USD/JPY is holding lower at 105.88 currently amid a firmer yen.
