Hong Kong — Asian stocks slipped while the US dollar was steadfast on Wednesday, after US inflation data and remarks from central bank officials have investors worrying interest rates are going to be higher for longer.
“If I combine this earlier [US] Fed rhetoric trying to keep the rates higher for longer and the recent CPI number ... then it seems likely that there should be some degree of moderation in the equity markets, both developed markets and Asian markets,” said Manishi Raychaudhuri, head of Asia Pacific equity research at BNP Paribas.
The dollar touched a six-week high of 133.30 Japanese yen overnight and hovered at 132.80 yen on Wednesday. It had a bumpier ride against other currencies after the CPI data, but seems to be pausing after a January slide.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Asian stocks inch down as investors fret over US inflation dataRisks could be to the upside due to upward revisions to CPI in December and November after a reanalysis of seasonal factors I be sharing this good news on how am getting paid from AnthonyRobert__ platform if I didn't see others testifying I was doubting but now that am experiencing how great his platform is.I also recommend you to AnthonyRobert__ bitcoin mining for safe and secured investment
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »