Overview

• Japan’s Nikkei 225 fell to 44,892.52 in morning trade, down 462.47, with exporters sold on a stronger yen.
• The dollar traded around ¥148.56–58 in Tokyo, a ¥1.27 move in the yen’s favor after August PCE eased U.S. inflation worries and lifted Fed-easing expectations.
• BOJ board member Noguchi Akira said the necessity of adjusting policy interest rates is increasing, reinforcing yen buying.
• U.S. equities opened subdued, with the Dow down 24.06 at 46,223.23 as traders stayed cautious over potential government funding lapses.
• New York gold futures settled at a record $3,855.20 per ounce on safe-haven demand tied to shutdown concerns.