AUDUSD: Market update: Asian stocks may fall as tensions escalat

Asia-Pacific markets are preparing for a mixed open on Monday as escalating tensions in the Middle East and the US reporting season weigh on investor sentiment.

By 9:20am AEST (11:20pm GMT) the S&P/ASX 200 was down 0.2% while Nikkei 225 futures added 0.3%.

Meanwhile, {{23705|US 10-year} bond yields, which have been on an upward trajectory and pushing stocks down, fell slightly on Friday. Gold futures also rose, posting their biggest daily gain in dollars since the Covid-19 lockdown in April 2020.

Asian currencies remained relatively stable, with the Indonesian Rupiah, South Korean Won and Vietnamese Dong unchanged. The Thai Baht and Australian Dollar rose 0.3% each while the US Dollar Index fell 0.1%.