China stocks lead Asian markets mostly lower, while oil prices fall under $100 a barrel

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Stocks were mostly lower in Asia and oil prices fell Tuesday after another day of losses on Wall Street as anxiety over the war in Ukraine and an upcoming...

BANGKOK — Asian shares were mostly lower and oil prices fell Tuesday after another day of losses on Wall Street as anxiety over the war in Ukraine and an upcoming Federal Reserve meeting on interest rates keep global financial markets on edge.

Markets remain jumbled as investors try to gauge various economic impacts from the war in Ukraine, upcoming rate hikes by central banks and new virus lockdowns in China. Tokyo rose while markets in China, Australia and South Korea fell. Oil prices have tumbled, taking some pressure off the inflation sweeping the globe, with a barrel of U.S. crude falling below $100 per barrel after touching $130 last week.

Uncertainty about whether the world economy may be heading for a toxic combination of stagnating growth and persistently high inflation has cast recoveries from the pandemic in question as Russia’s invasion of Ukraine caused prices for oil, wheat and other commodities produced in the region to soar.That has brought sharp day-to-day and hour-to-hour reversals across markets, as expectations for worsening inflation rise and fall.

Investors were already uneasy before the war began because central banks around the world are preparing to shut off the stimulus they pumped into the global economy after the pandemic struck. The yield on the 10-year Treasury climbed to 2.16% from 2.00% late Friday after earlier touching its highest level since July 2019. The two-year yield TMUBMUSD02Y , which moves more on expectations for Fed policy changes, rose to 1.86% from 1.75%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Chinese investors are paying for russia-urkraine😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan stocks set to dip as investors watch Russia-Ukraine war, Covid wave in ChinaThe U.S. Federal Reserve and Bank of Japan are set to announce their interest rate decision later this week. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ Maybe China will invite putin to visit?
Source: CNBC - 🏆 12. / 72 Read more »

Asia-Pacific Stocks Mixed as Investors Watch Covid Wave in China; Oil Prices DeclineThe U.S. Federal Reserve and Bank of Japan are set to announce their interest rate decision later this week.
Source: nbcchicago - 🏆 545. / 51 Read more »

Asian Stock Market: Chinese markets bleed on renewed Covid-19 fears, oil plunge support the restAsian Stock Market: Chinese markets bleed on renewed Covid-19 fears, oil plunge support the rest By Sagar_Dua24 Asia Nikkei Fed RiskAversion Ukraine
Source: FXStreetNews - 🏆 14. / 72 Read more »