Asian stocks are moving negatively on Friday, following yesterday’s losses on Wall Street as the rally from the decline in fears of the micron mutation is losing momentum and investors are waiting for the data to be announced today in the US on inflation.
The data is expected to largely determine the next move of the Federal Reserve, which will have to decide how quickly to withdraw the stimulus measures, in order to pave the way for the first increase in interest rates from their historical lows next year. .
On the board, the Nikkei 225 index fell 1% to 28,437.77 points.
In Hong Kong, the Hang Seng Index fell 1.2%, while in mainland China the Shanghai Composite was down 0.2%.
In South Korea, Kospi lost 0.6%, while the S & P / ASX 200 in Australia fell 0.4%. Indicators are also falling in Singapore, Taiwan and Indonesia.
On the Wall Street, the S&P 500 fell yesterday after three consecutive bullish sessions.
Investor interest will monopolize today in the US data on the course of the consumer price index in November after the price jump in October to a high of 30 years. The figures come shortly before the Fed’s crucial monetary policy meeting next week.
.
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
