Welcome to Markets Desk, here's what's moving your money right now.
Asian equities are under significant pressure this session, with Tokyo's Nikkei two twenty five falling well below the sixty five thousand two hundred fifty level, extending yesterday's losses as Wall Street's overnight weakness ripples across the region. Jakarta's composite index is also at risk of surrendering the six thousand one hundred support level after three consecutive sessions of losses totaling more than three percent.
Pulling attention toward commodities, crude oil is extending its gains as Middle East supply concerns continue to weigh on markets. Iranian officials have reportedly signaled pessimism over reaching any deal ahead of U.S. midterm elections, keeping risk premiums elevated and traders cautious about near-term supply availability.
Meanwhile in the AI space, Anthropic has filed its long-awaited S-one ahead of a potential two trillion dollar IPO valuation, and the document does not shy away from hard truths. The Claude maker lost eight billion dollars last year against four point six billion in revenue, and explicitly warned of existential risks to humanity within the prospectus itself — a remarkable disclosure for any company seeking public capital.
That's the tape. Markets Desk, signing off the floor.
