Asian stocks showed a mixed performance in early trading on Monday, with investors closely monitoring the movements of the yen as it approached the intervention zone. The yen's proximity to this critical level has raised concerns among market participants about potential intervention by the Bank of Japan to stabilize the currency.
Market analysts have pointed to the ongoing trade tensions between the United States and China as a key factor influencing investor sentiment. The uncertainty surrounding the trade negotiations has contributed to market volatility and could impact the direction of global markets in the coming days.