Asian Stock Markets Recover After Wall Street’s Deep Dive
Asian stock markets bounced back on Wednesday after Wall Street plunged from a record high due to weak retail sales in July. Shanghai, Tokyo, Hong Kong, and Sydney saw a positive return to form. Q2 2021 hedge fund letters, conferences and more Asian Stock MarketsAs reported by the Associated Press, “Investors watched for the Fed’s release Wednesday of minutes from its July policy meeting for an update on when the central bank might start reducing bond purchases that pump money into the financial system and look at raising interest rates.” Policy stabilization should begin shortly according to ...