asiastocks

🌏 ASIAN SHARES SLIP AS STRONGER YEN HITS EXPORTERS

Asian equity markets traded mostly lower as a stronger Japanese yen pressured exporter-heavy stocks. Currency strength reduces overseas earnings when repatriated, weighing on sectors like autos, electronics, and industrials across the region.
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The yen’s move reflects rising intervention speculation and risk-off positioning, which tends to tighten financial conditions across Asia. If yen strength persists, regional equities could face further headwinds as FX volatility feeds into earnings expectations.
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📰 Source: Reuters / Asian market sessions
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