Stock market live updates: Volatility looms as Asian markets grapple with uncertain environment

Stock Markets Today Live: Asian markets open cautiously amid strong yen and mixed performance

Asian markets opened cautiously with a mixed performance, while the yen strengthened on the prospect of hawkish comments from the Bank of Japan governor.

South Korean stocks and Japan’s Topix rose. Hong Kong stock futures were unchanged and will reopen after being closed on Friday due to heavy rain.

As of 6.40 am, Japan’s Topix rose slightly by 0.12% to 2,361.99 points; the Nikkei fell by 0.30% to 32,509.79 points. South Korea’s Kospi index weakened slightly, reporting at 2,544.97 points.

Market sentiment is fragile, as evidenced by the Nasdaq falling 2% last week and the S&P 500, MSCI World and MSCI Asia ex-Japan falling more than 1%. a little. Concerns about rising bond yields, a stronger dollar and uncertainty about the Federal Reserve raising interest rates have added to the volatility that has been typical of historically volatile months for stocks.