Asia-Pacific stock exchanges mixed on Tuesday, with markets in mainland China recording the biggest losses.
The climate of volatility is maintained in the global financial markets, as investors continue to weigh the impact on the economies from the more aggressive monetary policy of the central banks, with the Federal Reserve estimating that it may proceed with a higher interest rate increase in 2022 than before. what was expected.
“At the moment, central bank inflation and stagnation remain by far the most influential players in the market,” Ray Attrill, head of foreign exchange strategy at National Australia Bank, said in a note on Tuesday.
Against this background the Shenzhen index in mainland China notes a “dip” of 2.77%, while the Shanghai Composite declines by 0.9%.
In the Hong Kong The Hang Seng index slipped 1.54% as Chinese tech stocks fell: Alibaba lost 3.48%, Tencent fell 1.63% and Meituan fell 4.07%. Hang Seng Tech is at -2.28%.
In Japan the Nikkei 225 adds 0.2%, while the Topix strengthens by 0.38%.
In South Korea Kospi increased by 0.84%, while in Australia the S & P / ASX 200 index gains 1.07%.
The broader index MSCI for Asia-Pacific shares outside Japan is down 0.12%.
At yesterday’s Wall Street meeting, the pressure returned with renewed momentum in the last minutes, leading to the red markers, with investors adopting a wait-and-see attitude in anticipation of a new wave of corporate results in the coming days, as well as inflation data on Thursday. The Dow closed with marginal gains, while the Nasdaq and S&P 500 ended the session with losses.
Source: Capital
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