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Asian Markets Tumbling On Recession Fears
Asian stock markets are mostly lower on Wednesday, following the mixed to negative cues from global markets overnight, as traders are cautious and remained worried that efforts by central banks around the world to curb inflation may trigger a global recession. Uncertainty due to the ongoing conflict in Ukraine is also weighing on market sentiment. Asian Markets closed mostly higher on Tuesday. The Australian stock market is slightly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving a tod above the 6,500 level, following the mixed cues from Wall Street ... (full story)
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- Posted: Sep 28, 2022 12:45am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 788
