PT Rifan Financindo Berjangka - Japanese stocks fell in early trading, dragged down by a decline in auto shares, as concerns about higher borrowing costs persisted. Nissan Motor dropped 3.8% and Toyota Motor dropped 3.2%. The yield on the benchmark 10-year Japanese government bond rose 2.5 basis points to 1.115%.
USD/JPY was at 157.68, compared with 157.30 late Friday in New York. Investors were focused on any developments in U.S.-China trade relations. The Nikkei Stock Average fell 0.4% to 39,731.45. PT Rifan Financindo Berjangka.
Source: Bloomberg
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