A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
under the weight of rising U.S. rate expectations, the dollar rose and Treasuries rallied, and the U.S. yield curve inversion deepened a bit. So far, so 'risk off'.shares climbed to a new all-time high, and other mega tech stocks rose too.
rule designed to slow the flow of artificial intelligence chips to China by clamping down on the amount of computing power the chips can have.was yet another reminder of the difficulties the world's second largest economy is experiencing. The economy appears to be losing steam on many fronts. Further monetary easing could be in the cards and if it is, the yuan is likely to inch closer to a fresh 15 and a half year low through 7.30 per dollar.
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