- April 27, 2022
- Posted by: Stratford Team
- Category: Economy
A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic board displaying Japan’s Nikkei index outside a brokerage in Tokyo, Japan, March 7, 2022. REUTERS/Kim Kyung-Hoon
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- Asian stocks extend global rout on growth woes
- Dollar at two-year high as investors find safe haven
- Russia’s threat to halt gas supplies raises fuel prices
- Markets fret over China growth worries amid lockdowns
April 27 (Reuters) – Most Asian stock indices fell on Wednesday, as growing fears over the global economy drove investors to dump riskier assets in favour of safe havens such as the U.S. dollar and government bonds.
Financial markets are grappling with multiple risks, including the prospects for aggressive U.S. interest rate hikes, a sharp slowdown in China, surging inflation, and the war in Ukraine.
European markets looked set to follow Asia lower. In early trade, the…
