Market Reaction to Slowing Services Growth

Australia's stock market experienced a downturn on Monday, following reports of the slowest expansion in the services sector in three months. The S&P/ASX 200 saw a decline of 0.73% by 4:25 am CET.

Currency Movements and Asian Market Closures

In related financial news, the United States dollar weakened against the Japanese yen, losing 0.53% to trade at ¥144.20950 by 4:26 am CET. Meanwhile, several Asian markets, including Japan's Nikkei 225, South Korea's Kospi, and Hong Kong's Hang Seng, were closed for public holidays.