The reading gives the Fed more impetus to keep hiking interest rates in the near-term, which threatens to pull foreign capital flows away from Asian markets. Regional central banks are also expected to raise rates to keep up with the Fed, limiting liquidity conditions.this year, with rising short-term yields reflecting investor angst over a slowdown.
Asian stocks logged sharp losses in 2022, as the Fed embarked on an aggressive rate hike spree, and have struggled so far this year. Middling economic indicators from China also weighed on regional sentiment with the prospect of a staggered recovery in Asia's largest economy.index sank 0.5%, with investors remaining uncertain over local monetary policy after the government unexpectedly nominated economist Kazuo Ueda as the next Bank of Japan governor.
Ueda, seen as a wild card pick, is expected to adopt a data-driven approach to managing monetary policy, which, given rising inflation in the country, could spur tightening sooner than expected.
Sticky?
JesseCohenInv The same people who told us inflation was transitory, said inflation was going to come down quickly
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Not really a major sell off
Scared money don’t make money
Destination Fcked .
hoteliercrypto apakah akan coupling bli?
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