Passersby walk past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
China's embattled property developer Evergrande will be under the spotlight again following media reports last week that it has held talks with creditors who opposed its restructuring plan. Investors in Asia wade into that sea of event risk in slightly better shape than might immediately appear to be the case, having been hit hard by the surge in U.S. bond yields and widespread tightening of tightening of financial conditions.
The benchmark index is up four days in a row, its best run since June, and its 1.5% rise last week was its biggest in seven weeks.
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