Home / Asia / Asia markets fall, with Japan heading losses, as investors find protected havens

Asia markets fall, with Japan heading losses, as investors find protected havens

“Taking a demeanour during a heading indicators for non-farm payrolls, a use zone reported slower pursuit growth, jobless claims rose to a three-month high, pushing a four-week normal adult to 257,000,” pronounced Kathy Lien, handling executive of unfamiliar sell plan during BK Asset Management, in a late-Thursday note.

“ADP reported a smaller boost in corporate payroll expansion and certainty is down all around,” Lien added.

Elsewhere, a pound climbed usually from levels next $1.22 reached in a prior week to trade nearby $1.25 on Friday during Asian hours. As of 2:14 p.m. HK/SIN, a banking span traded during $1.2461.

The currency, that had been underneath vigour given a UK’s preference to leave a European Union (EU) in June, saw some service on Thursday after England’s High Court ruled that a British supervision compulsory parliamentary capitulation to trigger a routine of exiting a EU.

In association news, shares in Takata sealed down 1.75 percent, following a news from a Nikkei business daily that a uneasy airbag builder was scheming to record for probable failure insurance in a U.S. due to ascent costs associated to a poor atmosphere bag inflators.

Takata pronounced in a matter that it had zero to announce in propinquity to Nikkei‘s report.

On Friday, Takata lifted a foresee for full-year distinction to 20 billion yen ($194 million) for a 12 months to March, adult from a foresee net distinction of 13 billion and a net detriment of 13.1 billion yen in a same duration a year ago, according to Reuters. The foresee excludes a cost of recalling a inadequate atmosphere bags, that have been related to 16 deaths. The association is now seeking a new financial backer.

Shares in Australian explosives builder Orica surged 8.33 percent, after progressing stating an annual net distinction before one-offs of 389 million Australian dollars ($299 million) for full year 2016, that was down 7 percent on-year.

Oil prices modernized during Asian hours on Friday, with U.S. crude futures adult 0.27 percent during $44.78 a tub as of 2:16 p.m. HK/SIN, while Brent combined 0.24 percent to $46.46.

Stateside, a Dow Jones industrial average fell 28.97 points, or 0.16 percent, to 17,930.67. The SP 500 index slipped 9.28 points, or 0.44 percent, to tighten during 2,088.66, while a Nasdaq fell 47.16 points, or 0.92 percent, to 5,058.41.

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Article source: http://www.cnbc.com/2016/11/03/asia-stocks-to-focus-on-us-election-news-dollar-japanese-yen-gold-prices-and-oil.html