Japanese index futures retreated before inflation data, with the yen near a one-week high amid escalating tensions between Ukraine and Russia. Silver climbed and gold held its advance after better-than-estimated earnings from Caterpillar Inc. to Apple Inc. fueled gains in U.S. stocks.
A measure of the pound’s volatility against the dollar dropped to the lowest level in 16 months even as the currency strengthened to a four-year high last week amid signs the U.K. economy is improving.
As markets react in real time to Russia’s incursion into Crimea and the annexation of the Black Sea peninsula, stocks fell for a fourth day after the U.S. said it’s ready to impose additional sanctions.
Emerging-market stocks fell for a third day after a Chinese manufacturing gauge signaled contraction and concern grew that the crisis in Ukraine will escalate. The yuan touched the weakest level in 16 months.
Czech Finance Minister Andrej Babis says he wants to manage public finances in the same way he ran his $12 billion business. Bondholders approve, awarding the three-month-old government with the lowest yields since May.