Asian stocks slide as investors eye US inflation data, Fed decision.

11th June 2024 Asian markets mostly fell Tuesday as traders awaited the Federal Reserve’s policy decision and US inflation data, while the euro struggled to recover from a sell-off fueled by political uncertainty in Europe. All three main indexes on Wall Street pushed higher Monday, with the S&P 500 and Nasdaq chalking up records again. But Asian investors were less assured Tuesday, after a tepid performance the day before in holiday-thinned trade. Hong Kong, Shanghai and Sydney all sank after an extended weekend break, while Singapore, Taipei, Manila and JakartaRead MoreThe post Asian stocks slide as investors eye US inflation data, Fed decision. appeared first on DBS Warri.

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