Asian stocks hit by tech rout as sticky inflation ramps up Fed fears By Investing.com

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⚠️BREAKING: *ASIAN-PACIFIC STOCKS SINK ACROSS THE REGION AS STICKY INFLATION RAMPS UP FED FEARS - 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳

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.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

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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