SYDNEY : Asian shares slid on Monday as the mounting risk of more aggressive rate hikes in the United States and Europe shoved bond yields and the dollar sharply higher, and tested equity and earnings valuations.
That triggered a sharp fall in Euribor futures as markets priced in the risk the ECB could hike by 75 basis points next month. Futures are now pricing in around a 64 per cent chance the Fed will hike by 75 basis points in September, and see rates peaking in the 3.75-4.0 per cent range. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.9 per cent. Japan's Nikkei dropped 2.8 per cent, while South Korea shed 2.3 per cent.
All of which benefited the safe-haven U.S. dollar as it shot to a fresh two-decade top of 109.40 against a basket of major currencies, breaching the previous high from July.
新加坡人會更窮
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Stocks jilted as central banks promise tough loveSYDNEY : Asian shares slid on Monday as the mounting risk of more aggressive rate hikes in the United States and Europe shoved bond yields higher and tested equity and earnings valuations.Federal Reserve Chair Jerome Powell's promise of policy 'pain' to contain inflation quashed hopes that the central ban
더 많은 것을 읽으십시오 »