Asian Shares Slump on Middle East Tensions and Tech Earnings in Focus

Asian shares hit 1-year lows on Middle East tensions and higher yields. Nikkei dips 0.6%, China shares at lowest since 2019.

U.S. GDP data expected to show strong growth of 4.2%. Inflation high but Fed seen holding rates steady.

Major tech earnings this week from Microsoft, Alphabet, Amazon and Meta. Hopes for consumer demand supporting profits.

Dollar capped around 150 yen on Japan intervention threat. Yen yields rising on BOJ policy tweak talk.

Oil prices ease on absence of Middle East supply disruption. Brent down to $91, WTI $87.