简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Asian shares tumbled to their lowest in nearly two years on Tuesday as investors shed riskier assets on worries about higher interest rates and their impact on economic growth, while the dollar held near 20-year highs.
MSCIs broadest index of Asia-Pacific shares outside Japan was down 0.8%, falling for a seventh straight session and extending declines to 17% so far this year.
Across Asia, share indexes were a sea of red. The Nikkei lost 0.9%, Australian shares shed 2.5% and Korean stocks lost 2%.
S&P 500 stock futures and Dow Jones futures both fell 0.5% and Nasdaq futures were down 0.6%.
“The idea of a benign and gentle tightening cycle has evaporated,” ANZ analysts said in a report.
“The reality is that the Fed cannot control the supply side of the economy in the short-run, so as long as key indicators like the labour force participation rate stay low and Chinese exports slow, the risk to inflation, and therefore interest rates, lies to the upside,” ANZ said.
Central banks in the United States, Britain and Australia raised interest rates last week and investors girded for more tightening as policymakers fight soaring inflation.
Overnight, U.S. stocks extended Fridays bruising sell-off as investors rushed to protect themselves against the prospect of a weakening economy. [.N]
Oil prices ticked lower on Tuesday on demand worries as coronavirus lockdowns in China, the top oil importer, continued. Brent crude slipped 0.5% to $105.4 a barrel after falling 5.7% on Monday.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Every professional trader follows a structured approach to ensure they are well-prepared, disciplined, and able to seize opportunities with confidence. Whether you are a seasoned investor or an aspiring trader, adhering to a robust daily checklist can significantly enhance your performance. Use this checklist to check if you are a qualified trader
Interest rate changes determine currency attractiveness, influencing capital flows and exchange rate trends. Understanding this mechanism helps investors navigate the forex market effectively.
A 47-year-old housewife in Malaysia recently fell victim to an online investment scam, losing a substantial sum of RM288,235 after engaging with a fraudulent scheme advertised on Facebook.
In today’s digital age, reviews influence nearly every decision we make. When purchasing a smartphone, television, or home appliance, we pore over customer feedback and expert opinions to ensure we’re making the right choice. So why is it that, when it comes to choosing an online broker where real money and financial security are at stake many traders neglect the crucial step of reading reviews?