Stock markets, Asia in negative after the alarm about the costs of AI chips. Tokyo closes at -0.5%

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Asian stock markets continue in negative territory after stocks of the chip sector lost ground due to yesterday’s events on Wall Street, after the leaders of Facebook Meta Platforms raised the alarm about the acceleration of costs for artificial intelligence.

Japanese stock index Nikkei they fell during the session until they lost more than 1%, and then closed the day at -0.50%.

The BoJ keeps rates unchanged

The yen hovered near a three-month low against the dollar, offset by political uncertainty, as the loss of Japan’s ruling coalition in parliamentary elections last weekend could delay monetary policy normalization. There Bank of Japan he made only a few mentions of politics when rates kept unchangedonly reiterates that there is much uncertainty about the economic outlook.

Awaiting US wage data

Investors are also moving cautiously due to the US non-agricultural payments data expected tomorrow and above all the US vote for the presidential elections next Tuesday and decision Federal Reserve policy on Thursday.

EU futures in calo

European stock futures fall as corporate earnings season continues. US Treasury yields were mostly lower. The US dollar rose, as did oil futures. Gold down a bit after recent records.