Asia stocks retreated as the month comes to an end, with declines in Hong Kong weighing on the region. Treasury yields were steady. Shares reversed earlier gains in Tokyo, fluctuated in Sydney and dropped in Shanghai. Hong Kong and Seoul saw the biggest declines, while U.S. Futures were under pressure and the US Dollar was steady. American equity and bond markets were shut Thursday for Thanksgiving. The won was little changed after the Bank of Korea kept its policy rate unchanged, as expected. Investors continue to wait for progress on a U.S.-China trade deal, with the next batch of American tariffs on Chinese goods due to begin Dec. 15. This week, China has said it will retaliate against a U.S. bill in support of Hong Kong protesters, though stopped short of offering any details. Elsewhere, Oil eased back toward $58 a barrel in New York. The Chilean Peso set a record low for a second day and the central bank said it will directly intervene.
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