Asia April 15

Most Asian stocks fell on Thursday as US indexes fell from record highs, with a decline in cryptocurrency exchange Coinbase overshadowing solid bank earnings. Oil had trimmed earlier gains.

Hong Kong and China's stock markets dropped as the central bank effectively drained cash from the financial system, raising fears about tightening liquidity. Stocks in the technology sector also struggled. South Korea And Japan both edged higher. US futures were fluctuated after Coinbase traded down in its Nasdaq debut. Bank stocks rose overnight as a result of revenue windfalls for companies like Goldman Sachs.
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After three straight days of decline, the dollar edged higher, and the benchmark 10-Yr treasury yield remained about 1.63%  Before sliding, Bitcoin reached a high of $64,870.
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During the Asian session, investors were looking for further tremors from the sharp selloff in China Huarong Asset Management's bonds, which had driven investment-grade spreads higher.