Asian markets settled down on Monday as hotter-than-expected US inflation data stoked concerns that the US Federal Reserve might raise interest rates further to curb inflation. Moreover, Wall Street's sell-off influenced Asian markets. Japanese shares declined as the Japanese Yen strengthened against the US dollar. Meanwhile, Incoming BoJ Governor Kazuo Ueda said he had ideas on how the central bank could exit its massive stimulus.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,258.03 | -9.13 | -0.28 |
Hang Seng | 19,943.51 | -66.53 | -0.33 |
Jakarta Composite | 6,854.78 | -1.80 | -0.03 |
KLSE Composite | 1,455.50 | -1.30 | -0.09 |
Nikkei 225 | 27,423.96 | -29.52 | -0.11 |
Straits Times | 3,263.24 | -19.06 | -0.58 |
KOSPI Composite | 2,402.64 | -20.97 | -0.87 |
Taiwan Weighted | -- | -- | -- |
