Tokyo Stock Exchange loses 1.66% due to tensions in Ukraine and Fed monetary policy

The Tokyo Stock Exchange fell 1.66% to 27,131.34 points on Tuesday due to investor fears about the Federal Reserve (Fed) and geopolitical tensions in Ukraine.

the selective Nikkei of the Tokyo stock market managed to cover the losses during the session, in which it traded at -2.5 percent.

The hongkong stock exchange it also faltered and in the early afternoon it was 1.57 percent lower.

The volatility of international markets has increased in recent days as the Fed waits on Wednesday to specify the extent of the rate hike it plans to apply this year to counter the persistent inflation in the United States.

To address this uncertainty about the monetary policy contributes to concerns about the crisis in Ukraine and fears of a possible Russian invasion.

US President Joe Biden has stepped up pressure on Moscow by announcing on Monday the possible deployment of thousands of troops to strengthen NATO troops in Eastern Europe.

The market risk associated with Ukraine “has now become a bit more real,” Naomi Fujiwara, an official at Shinkin Asset Management, was quoted as saying by the Bloomberg agency.



Reference-www.eleconomista.com.mx

Leave a Comment