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GLOBAL MARKETS-Asian Markets Sell Off as AI Trades Crumble After Hot US CPI Data
MSCI’s Asia-Pacific index outside Japan fell 1.2% as traders priced in more Fed hikes and sold semiconductor and AI shares.
Summary by Devdiscourse
8 Articles
8 Articles
Asian markets sell off as AI trades crumble after hot US CPI data
By Gregor Stuart Hunter SINGAPORE, Oct 15 (Reuters) - Markets started the day on the back foot as trading kicked off in Asia on Thursday, as a quicker-than-expected increase in US consumer price inflation upped expectations for the Federal Reserve to ...
Coverage Details
Total News Sources8
Leaning Left0Leaning Right1Center3Last Updated75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
Factuality
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