asianstocks
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 ...
ValueWalk
Growing inflation and the bounce in COVID-19 cases have caused Asian shares to fall to the lowest in one week on Monday. Yen and gold rose high as investor appetite for risk is dwindling. Q2 2021 hedge fund letters, conferences and more Asian Shares DipAs reported by Reuters, “MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4% for its second straight day of losses.” Also, Nikkei crashed 1.3% as well as the benchmark share index in Australia. “South Korea’s KOSPI was 1% lower while New Zealand's shares were off 0.4%.” The news arrives as economic comebacks around the world are...
ValueWalk
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