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• USD/JPY eases slightly in early Asia on tech and metals selloff
• Quoted at 157.45/55 on trading platforms from NYK close of 157.64
• Wall St slumps as AI cash burn fears spark tech selloff, Intel slides
• Nasdaq posted largest one-day percentage drop since early June on Friday
• Tech rout drives gold to one-year low, white metals sink
• Midterm US elections, earnings, jobs data loom for AI-wary markets
• France outlook downgrade, Frankfurt riots likely to weigh on EUR/JPY
• Iran developments eyed as oil prices hit 6-mth high, may cap JPY upside
• USD also buoyed on Friday by Fed officials making case for rate hikes
• Friday range 157.96-157.89; Japanese markets closed on Tuesday
JPY:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)