Stocks in Asia fell after Wall Street notched up its worst session of the year on lackluster US economic data. The dollar also declined against its peers, notably the euro.
European shares are set to gain following the victory of Germany's conservatives in the federal election. The euro strengthened, and European stock markets are poised to open higher. Futures for Germany's DAX Index, the Euro STOXX 50, and the US market rose in Asian trading. Japan's markets were closed for a holiday, resulting in no cash Treasuries trading. The dollar weakened, with the euro up 0.5%, the yen down 0.1%, the yuan up 0.2%, and the pound up 0.3%.
