Tuesday, June 28, 2022
HomeInvestingAsian Shares Plunge on US Fee Hike, China Lockdown Worries – Funding...

Asian Shares Plunge on US Fee Hike, China Lockdown Worries – Funding Watch


by way of Dramatic_Spell5708

Asian shares sank on Monday as surprise US inflation information sparked fears of extra competitive rate of interest hikes by way of the Federal Reserve, whilst information that Chinese language government had ordered extra mass checking out for Covid in Beijing added to considerations over additional lockdowns.

The Nikkei posted its greatest drop in over 4 months to finish at a two-week low, with heightened expectancies about US price hikes riding the yen to a 24-year low in opposition to the buck.

www.asiafinancial.com/asian-stocks-plunge-on-us-rate-hike-china-lockdown-worries

Not anything to look right here, simply crpyto crashing to yr lengthy lows, S&P500 crashing, and Asian markets all opening down



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