(Bloomberg) — Stock futures dipped and the yen advanced in the wake of escalating Middle East tensions as Asian financial markets return to full strength following New Year holidays.Japan’s currency matched a three-month high in the wake of fallout from the U.S. killing of a top Iranian military commander in Iraq. Japanese equity futures also slid, while Australian contracts were little changed. The S&P 500 Index posted its biggest loss in a month Friday in the wake of the killing, which threatened to spur escalating violence across the Middle East.The tensions cast a cloud over largely positive forecasts for risk …read more
Source:: Yahoo Finance
