Panetta flags rising bond yields as growth drag, not crisis, before ECB meet
ECB's Panetta warns rising yields weigh on euro zone growth rather than cause a crisis, with French and Italian debt most exposed.
Asia's Friday calendar centres on Japan inflation. Tokyo-area CPI for September ran at its fastest in 10 months, bolstering the case for a BOJ hike.
Once you're through battering the unfortunate Nasdaq, I can brief you on what Asia has in store.
Japanese figures are the main draw. A preview of the September CPI will be published in a separate piece. The Tokyo-area reading for September was the fastest in 10 months, adding weight to the case for a BOJ rate rise.
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ECB's Panetta warns rising yields weigh on euro zone growth rather than cause a crisis, with French and Italian debt most exposed.
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