Asian Stocks to Fall, Yen Steadies After Weakening: Markets Wrap.

BOARD of Governors of the Federal Reserve System (U.S.); INVESTORS; U.S. dollar; STOCKS (Finance); BONDS (Finance); JAPANESE yen; FUTURES market; HOME sales; FUTURES; AUSTRALIAN dollar

Asian stocks are expected to decline, with Treasury yields rising and the dollar strengthening as traders reduce expectations of Federal Reserve rate cuts. The yen weakened against the dollar, while tech stocks received support from Tesla Inc.'s strong earnings. Investors are cautious due to upcoming events like big tech earnings, the US election, and the Fed meeting. International Business Machines Corp. reported disappointing revenue, while T-Mobile US Inc. exceeded analyst expectations for new subscribers. [Extracted from the article]

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