Asian equities opened subdued in early trade as a renewed climb in oil prices sharpened concerns that central banks may have less room to ease policy. MSCI’s broad Asia gauge slipped at the open, South Korea’s benchmark fell after the holiday break, and U.S. equity futures also pointed lower, underscoring a cautious start to the session.
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"Asian Shares Drift as Oil Spike Rekindles Rate-Hike Fears"
Asian equities opened subdued in early trade as a renewed climb in oil prices sharpened concerns that central banks may have less room to ease policy. MSCI’s broad Asia gauge slipped at the open, South Korea’s benchmark fell after the holiday break, and U.S. equity futures also pointed lower, underscoring a cautious start to the session.
Asian Shares Drift as Oil Spike Rekindles Rate-Hike Fears
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (03:23 AM IST)•5 min read
Asian equities opened subdued in early trade as a renewed climb in oil prices sharpened concerns that central banks may have less room to ease policy. MSCI’s broad Asia gauge slipped at the open, South Korea’s benchmark fell after the holiday break, and U.S. equity futures also pointed lower, underscoring a cautious start to the session.
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