Asian stocks slipped in volatile trade on Wednesday, failing to extend Wall Street’s rally as persistent worries about interest rates and inflation remained a key focus for investors, while the Japanese yen hit a fresh 24-year low against the dollar.
The main US share benchmarks rose 2% overnight on the possibility the economic outlook might not be as dire as thought during trade last week when the S&P 500 logged its biggest weekly percentage decline since March 2020. In a sign Wall Street may not be able to repeat Tuesday’s rally, S&P 500 and Nasdaq futures both fell over 0.5%.
Most other global central banks are in a similar situation, apart from the Bank of Japan , which last week pledged to maintain its policy of ultra-low interest rates.
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Asian stocks fall as US futures battle and bitcoin keeps slidingMSCI Inc’s gauge of Asia-Pacific shares hits the lowest since June 2020 amid drops in Japan and Hong Kong
Fuente: BDliveSA - 🏆 12. / 63 Leer más »