Asian Stocks, Bonds to Slide on Inflation Jitters: Markets Wrap

🌐 Bloomberg (United States) —

AI Summary

Asian stocks and bonds are expected to decline due to inflation concerns fueled by an oil rally and strong U.S. economic data. The Japanese yen neared a three-week low as markets prepared to reopen, impacting regional financial sentiment.

Stocks and bonds in Asia were set to decline Thursday, tracking Wall Street losses as an oil rally and stronger-than-expected US economic data fueled inflation concerns and bets on further interest-rate hikes. The yen, near a three-week low, will be in focus as Japanese markets reopen.

Markets Commodities Energy Asian stocks inflation oil rally Japanese yen bonds U.S. economic data

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