Business
Asian markets were mixed Tuesday, with confidence at a premium as traders contemplate the prospect of more Fed interest rate hikes.
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Asian markets were mixed Tuesday, with confidence at a premium as traders contemplate the prospect of more Fed interest rate hikes.
Stocks swung in Asia on Friday as investors tried to assess the Federal Reserve's plans for lifting interest rates to fight inflation.
Markets dropped in Asia on Thursday following a sell-off in New York.
Asian markets mostly rose Monday as investors took heart from signs of cooling US inflation.
Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation.
The losses come after a sell-off last week fuelled by the Federal Reserve's sharp interest rate hike last week.
A top US securities regulator on Wednesday endorsed a broad revamp of the stock market trading system.
Markets brace for a sharp US interest rate hike and similar moves by other central banks as they struggle to control inflation.
Markets rose Monday in the first trading day of 2022 following stellar performances last year, as investors keep an eye on the pandemic.
Asian and European stock markets advanced fading fears over both the Omicron coronavirus variant and elevated inflationary pressures.