Friday 24th March 2023: Banking woes weigh on Asian stocks, bonds see relief rally

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 Global Markets: News & Data: Markets Update: Asian shares were lower on Friday as lingering banking stability concerns gripped Wall Street, while bonds bet the recent slew of rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year. MSCI’s broadest index of Asia-Pacific shares … Continue reading Friday 24th March 2023: Banking woes weigh on Asian stocks, bonds see relief rally

Thursday 23rd March 2023:  Fed Hike and Yellen’s Comments on Deposit Insurance Trigger Sell-off in Asian Markets

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Global Markets: News & Data: Markets Update: Asian markets skidded on Thursday, tracking losses on Wall Street after the US Federal Reserve hiked interest rates by 25 basis points and dealt a blow to hopes it could cut them later in the year to soothe worries over the banking sector. The Fed also signalled no … Continue reading Thursday 23rd March 2023:  Fed Hike and Yellen’s Comments on Deposit Insurance Trigger Sell-off in Asian Markets