Asian Stocks Drop, Dollar Slips Amid Wary Trading: Markets Wrap

Following more weakness on Wall Street and a forceful message from China's Communist Party conference, Asian equities declined as major currencies gained against the dollar in a cautious start to the week.

Hong Kong, Australia, and Japan all saw stock drops, with technology companies leading the way. 

 S&P 500 and Nasdaq 100 contracts increased after falling on Friday, when Treasury rates soared as inflation estimates for the coming year rose. 

On Monday, US Yields decreased that movement in Asia.

The dollar's weakness versus its peers in the Group of 10 gave frantic currency markets a little reprieve. 

Traders continued to be on the lookout for potential support measures to help the yen, which is close to a 32-year low and approaching the crucial 150 level versus the dollar.


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