Asian Stock Market: Remains mixed amid sheer fall in China’s PPI, oil corrects

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Asian Stock Market: Remains mixed amid sheer fall in China’s PPI, oil corrects – by Sagar_Dua24 Asia Nikkei Oil Fed Inflation

e pressures in the United States remained upbeat. S&P500 futures remained on the backfoot on Friday as wage inflation in the US remained upbeat in June and strengthened expectations of more interest rate hikes from the Federal Reserve .

At the press time, Japan’s Nikkei 225 dropped 0.32%, China A50 jumped 0.56%, Hang Sang gained 0.38%, and Nifty50 added 0.52%.

 

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