A man wearing a protective face mask talks on his cellphone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan. Picture: REUTERS/ATHIT PERAWONGMETHA
In morning trade in Asia, Japan's Nikkei shed nearly 2.0%, while South Korean shares fell 0.9% and Australian shares lost 0.75%.Hong Kong's Hang Seng index was down 1.3%, moving away from a one-month high hit on Monday. Shanghai lost 0.1% as markets in mainland China reopened after two days of public holidays.
“It's now considered an 80% chance the Fed will take that course,” said Kyle Rodda, a market analyst at IG in Melbourne. Investors hadn't fully priced in such a move, so greater evidence for it may move markets, Rodda added.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Business Maverick: Asian Stocks Boosted by Hong Kong; Treasuries Drop: Markets WrapStocks got a boost on Monday from a rally in Hong Kong spurred by China’s move to ease a dispute with the US over audits. Treasuries fell on the prospect of sharp Federal Reserve interest-rate hikes to fight inflation.
Leggi di più »
Business Maverick: Asian Stocks Boosted by Hong Kong; Treasuries Drop: Markets WrapStocks got a boost on Monday from a rally in Hong Kong spurred by China’s move to ease a dispute with the US over audits. Treasuries fell on the prospect of sharp Federal Reserve interest-rate hikes to fight inflation.
Leggi di più »
MARKET WRAP: Russia and US economy pull JSE lowerBanking stocks hit hardest as Deutsche warns of recession in wake of sustained rate hikes by the Federal Reserve
Leggi di più »