Business Maverick: Asian equities swing lower, led by China tech: markets wrap

📆 02/03/2023 03:02 a. m.
📰 dailymaverick

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 84%

México Noticias Noticias

México Últimas Noticias,México Titulares

A gauge of Asian stocks dipped, led by declines in Hong Kong-listed technology shares, and US equity futures dropped as traders continued to digest more hawkish comments by Federal Reserve officials.

it may reach 6%. That’s spilling over into markets around the world, even as China’s economy shows signs of rebounding strongly after exiting its Covid-Zero policy.

Yet she warned that this good news has a negative side in terms of global inflation: “The China reopening story adds cyclical upside pressure because of the sheer amount of demand that China can create.” The dollar rose against its G10 counterparts after a gauge of greenback strength dropped 0.5% on Wednesday, the most in a month.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Business Maverick: Frightful February ends ‘buy everything’ callsIn just one month, emerging Asian assets have gone from a buy to sell. And all signs point to continued caution in March.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »