Asian Stock Market: Traders struggle to cheer China, IMF news, softer Oil price amid mixed details – by anilpanchal7 Asia Equities Oil China IMF
and Europe, an easing of energy costs and the reopening of China's economy after Beijing abandoned its strict COVID-19 restrictions. It’s worth mentioning that the IMF’s fears over inflation seem to weigh on the market sentiment.
Alternatively, fears of equity rout in India due to Adani Enterprise fiasco and hopes of slowest growth in three years seem to exert downside pressure on the Indian equities. Furthermore, downbeat Aussie Retail Sales and fears of China growth keep equities in Australia and New Zealand sidelined. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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