TOKYO: Japan's Nikkei average fell 0.3 percent on Thursday, Oct 7 weighed down by the strength of the yen, which reached a new 15-year high against the dollar the previous day.
The benchmark Nikkei fell 30.34 points to 9,661.09, while the broader Topix dropped 0.2 percent to 843.11.In Seoul, shares opened lower after hitting a 33-month closing peak in the previous session, with Samsung Electronics Co Ltd falling after a weaker-than-expected third quarter earnings guidance.
Samsung Electronics was down 2 percent at 777,000 won as of 0004 GMT. The Korea Composite Stock Price Index (KOSPI) was down 0.25 percent at 1,899.25 points as of 0005 GMT.
Earlier, Reuters reported that Asian stocks are set for a cautious start on Thursday, Oct 7 after Wall Street ended mixed on a poor reading on private-sector employment and speculation about further quantitative easing from the Federal Reserve.
The main Wall Street indexes ranged between a 0.2 percent rise and a 0.8 percent fall, with TECHNOLOGY [] stocks <.IXIC> a drag on the broader market.
A revenue warning from Equinix Inc dragged down larger rivals such as Citrix Systems , while semiconductor firms Xilinx Inc and Altera Corp were both downgraded by Morgan Stanley on concerns over a slowdown in Asian markets.
Sentiment was weighed down by an ADP Employer Services report, which said private payrolls fell by 39,000 in September, underscoring concerns about the weak labour market.
The figures reinforced conviction the U.S. Federal Reserve could embark on another round of monetary policy stimulus as early as next month to support the economic recovery.
The Fed's decision will likely hinge on inflation and labour market developments and the monthly U.S. Labor Department report on employment on Friday.
Asian stocks listed on Wall Street <.BKAS> rose 0.4 percent.
British <.FTSE> shares rose 0.8 percent to a five-month closing high while European <.FTEU3> shares rose 0.5 percent, on strength in miners and commodity stocks thanks to a weaker greenback.
The U.S. dollar fell to a 15-year low against the yen and an eight month trough against the euro , as the currency was sold broadly on the weak U.S. jobs report and the likelihood of the Fed printing more money. - Reuters
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WELLINGTON: Asian stocks are set for a cautious start on Thursday, Oct 7 after Wall Street ended mixed on a poor reading on private-sector employment and speculation about further quantitative easing from the Federal Reserve.
The main Wall Street indexes ranged between a 0.2 percent rise and a 0.8 percent fall, with technology stocks <.IXIC> a drag on the broader market.
A revenue warning from Equinix Inc dragged down larger rivals such as Citrix Systems , while semiconductor firms Xilinx Inc and Altera Corp were both downgraded by Morgan Stanley on concerns over a slowdown in Asian markets.
Sentiment was weighed down by an ADP Employer Services report, which said private payrolls fell by 39,000 in September, underscoring concerns about the weak labour market.
The figures reinforced conviction the U.S. Federal Reserve could embark on another round of monetary policy stimulus as early as next month to support the economic recovery.
The Fed's decision will likely hinge on inflation and labour market developments and the monthly U.S. Labor Department report on employment on Friday.
Asian stocks listed on Wall Street <.BKAS> rose 0.4 percent.
British <.FTSE> shares rose 0.8 percent to a five-month closing high while European <.FTEU3> shares rose 0.5 percent, on strength in miners and commodity stocks thanks to a weaker greenback.
The U.S. dollar fell to a 15-year low against the yen and an eight month trough against the euro , as the currency was sold broadly on the weak U.S. jobs report and the likelihood of the Fed printing more money.
Japanese markets are seen starting flat, with Nikkei futures traded in Chicago <2NKc1> just 5 points above the last closing level in Osaka.
Australian shares are seen edging higher as base metal prices firmed on the weaker U.S. dollar. Share index futures rose 8 points to 4,707, a 20.2 point premium to the underlying S&P/ASX 200 index. - Reuters
The benchmark Nikkei fell 30.34 points to 9,661.09, while the broader Topix dropped 0.2 percent to 843.11.In Seoul, shares opened lower after hitting a 33-month closing peak in the previous session, with Samsung Electronics Co Ltd falling after a weaker-than-expected third quarter earnings guidance.
Samsung Electronics was down 2 percent at 777,000 won as of 0004 GMT. The Korea Composite Stock Price Index (KOSPI) was down 0.25 percent at 1,899.25 points as of 0005 GMT.
Earlier, Reuters reported that Asian stocks are set for a cautious start on Thursday, Oct 7 after Wall Street ended mixed on a poor reading on private-sector employment and speculation about further quantitative easing from the Federal Reserve.
The main Wall Street indexes ranged between a 0.2 percent rise and a 0.8 percent fall, with TECHNOLOGY [] stocks <.IXIC> a drag on the broader market.
A revenue warning from Equinix Inc
Sentiment was weighed down by an ADP Employer Services report, which said private payrolls fell by 39,000 in September, underscoring concerns about the weak labour market.
The figures reinforced conviction the U.S. Federal Reserve could embark on another round of monetary policy stimulus as early as next month to support the economic recovery.
The Fed's decision will likely hinge on inflation and labour market developments and the monthly U.S. Labor Department report on employment on Friday.
Asian stocks listed on Wall Street <.BKAS> rose 0.4 percent.
British <.FTSE> shares rose 0.8 percent to a five-month closing high while European <.FTEU3> shares rose 0.5 percent, on strength in miners and commodity stocks thanks to a weaker greenback.
The U.S. dollar fell to a 15-year low against the yen
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''
''
''
WELLINGTON: Asian stocks are set for a cautious start on Thursday, Oct 7 after Wall Street ended mixed on a poor reading on private-sector employment and speculation about further quantitative easing from the Federal Reserve.
The main Wall Street indexes ranged between a 0.2 percent rise and a 0.8 percent fall, with technology stocks <.IXIC> a drag on the broader market.
A revenue warning from Equinix Inc
Sentiment was weighed down by an ADP Employer Services report, which said private payrolls fell by 39,000 in September, underscoring concerns about the weak labour market.
The figures reinforced conviction the U.S. Federal Reserve could embark on another round of monetary policy stimulus as early as next month to support the economic recovery.
The Fed's decision will likely hinge on inflation and labour market developments and the monthly U.S. Labor Department report on employment on Friday.
Asian stocks listed on Wall Street <.BKAS> rose 0.4 percent.
British <.FTSE> shares rose 0.8 percent to a five-month closing high while European <.FTEU3> shares rose 0.5 percent, on strength in miners and commodity stocks thanks to a weaker greenback.
The U.S. dollar fell to a 15-year low against the yen
Japanese markets are seen starting flat, with Nikkei futures traded in Chicago <2NKc1> just 5 points above the last closing level in Osaka
Australian shares are seen edging higher as base metal prices firmed on the weaker U.S. dollar. Share index futures
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