Investors now await a closely watched congressional appearance by US Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen.
“The fall could be due to the sanctions,” said Iris Pang, chief economist for greater China at ING Wholesale Banking. “More pressure from international politics is going to affect asset markets.” Hong Kong’s Hang Seng Index .HSI also fell 1.62%, with traders’ attention drawn by a tepid market debut for Baidu in which the Chinese tech giant’s shares barely traded above their secondary listing price.
“The FOMC last week laid out pretty clearly what the Fed’s view is with regard to rates... the next thing that markets will focus on is maybe getting some details from Yellen with regard to further infrastructure investment,” said Alex Wolf head of investment strategy for Asia at J.P. Morgan Private Bank, referring to a statement from the Federal Open Market Committee.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
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