• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
31 March Friday, 2023
TurkishNY Radio
  • Home
  • Business
  • Economy
  • Cryptocurrency
No Result
View All Result
  • Home
  • Business
  • Economy
  • Cryptocurrency
No Result
View All Result
TurkishNY Radio
No Result
View All Result
Home News

Asian Stock Markets Continue To Fall

Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday that the Fed will continue to act until all issues are resolved, which could have a significant impact on markets. Overnight, the yield on 10-year U.S. government bonds briefly rose above 4%.

Sean Odhran by Sean Odhran
9 March 2023
in News
Reading Time: 2 mins read
0
Asian Stock Markets In Review This Week

There has been no positive news from Asian stock markets for some time now. For the most part, Asia-Pacific markets continue to decline. The downward cycle continues as investors prepare for further rate hikes and Fed officials reiterate that more hikes are needed to curb inflation.

While it is incorrect to assess interest rate expectations in a cycle, this situation points to a decline in Asian and global equity markets. In particular, experts believe they will continue to fall for some time following the Fed’s statements, which contain a volatile subtext.

YOU MAY BE INTERESTED

What is the expected pricing of Sidus Heroes in 2024?

Sidus Heroes Price Prediction

27 March 2023
Latest Updates on Cryptocurrency Taxation from Around the World

Latest Updates on Cryptocurrency Taxation from Around the World

26 February 2023

What Were The Fed’s Statements?

Minneapolis Fed President Neel Kashkari said Wednesday that the Fed will continue until things are over and that it is determined to do so, which is likely to have a strong impact on markets. The yield on 10-year U.S. Treasuries briefly rose above 4% overnight.

Asian Stock Markets Continue To Fall

Asian Stock Markets In Review This Week

In Japan, the Nikkei continued its relentless decline.

While the Topix continued its steady outlook, we can see that it was down across the board.

In South Korea, the Kospi rose slightly, while the Kosdaq continued to lose 0.2%. The country’s industrial production fell by 12.7% year-on-year in January. This is part of the information that there are some problems with investment in South Korea.

Australia and Hong Kong should be assessed together. Both the S&P/ASX 200 index and Hong Kong’s Hang Seng index continue to fall.

Hong Kong’s Hang Seng index are still down 1%.

In China the situation is a bit different, because in the first week of March, when we take a look at the Chinese stock market figures, we can see more or less the same charts.

On Thursday afternoon, Singapore’s industrial activity data for February will be released.

U.S. stock markets fell sharply overnight, with losses for both the S&P 500 and the Nasdaq Composite, while the Dow Jones Industrial Average closed the day just above the flat line.

It may get your attention:
  • Trump is Russia-Ukraine War Allegation
  • Türkiye is Food Prices Continue to Rise While Rest of the World Sees 11-Month Decrease
  • Germany Will Continue To Provide Military Support To Ukraine
Tags: asian stock marketFedfederal reservekashkarimarketminneapolis
ShareTweetSharePinSend
Previous Post

How Digital Assets are Empowering Political Activism

Next Post

US Housing Prices Have Been Falling For Six Months

Sean Odhran

Sean Odhran

Financial Writer Hello there, my name is Sean, and I'm a financial reporter with a particular interest in the world of cryptocurrency. I'm passionate about delivering accurate and insightful reporting that helps my readers navigate the complex world of finance and make informed decisions about their investments.

SIMILAR NEWS

What is the expected pricing of Sidus Heroes in 2024?
News

Sidus Heroes Price Prediction

27 March 2023
Latest Updates on Cryptocurrency Taxation from Around the World
Cryptocurrency

Latest Updates on Cryptocurrency Taxation from Around the World

26 February 2023
Exploring the Relationship Between AFAD and AHBAP: Implications for Disaster Relief in Turkey
News

Exploring the Relationship Between AFAD and AHBAP: Implications for Disaster Relief in Turkey

26 February 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NEWS FEED

What Is a Partial Balance Sheet?
Business

Analyzing Your Company’s Financial Snapshot: Understanding the Partial Balance Sheet

30 March 2023
Klee Kai Price Prediction 2023
Cryptocurrency

Klee Kai Coin Price Prediction

30 March 2023
Fixed-Income Sales
Economy

Maximizing Your Investment Portfolio: The Role of Fixed-Income Sales Team

30 March 2023
What Is AAR in Real Estate?
Economy

What Is AAR in Real Estate? Let’s Explain

30 March 2023
DMCA
PROTECTED
TurkishNY Radio

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

No Result
View All Result
  • Home
  • Business
  • Economy
  • Cryptocurrency

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.