Asian Stock Market: Cautions soars amid Fed rate hike fears, PBoC promises expansionary policy – by Sagar_Dua24 Asia China PBOC Oil Fed
Asian stocks are displaying a cautious mood as the Fed is preparing to push interest rates above 5%.Oil prices are expected to rebound amid deepening supply worries.
At the press time, Japan’s Nikkei225 eased 0.19%, SZSE Component dropped 0.48%, Hang Seng surrendered 0.49%, and Nifty50 tumbled 0.63%.
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