Asian Futures Mixed, Yen Pares Dip on Apple Miss: Markets Wrap

(Bloomberg) — Asian stocks look set for a mixed start Tuesday as investors assessed whether China’s efforts to support its economy will offset the impact of the coronavirus outbreak. The yen pared a dip after Apple Inc. said quarterly sales would miss forecasts.Futures slipped in Tokyo and were little changed in Sydney and Hong Kong. Apple said it won’t meet its quarterly revenue guidance due to virus-related work slowdowns and lower demand. Earlier, European equities climbed alongside U.S. equity futures with U.S. markets shut for a holiday, while Treasuries didn’t trade. The pound fell after Prime Minister Boris Johnson’s envoy …read more

Source:: Yahoo Finance

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