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Asian shares fall after brutal central bank week, yen under spotlight

Asian shares fell on Monday, dragged by China, after central banks last week reinforced the message that interest rates would stay higher for longer, while investors braced for inflation data from the U.S. and Europe. Markets will be looking for clues on whether China's economy is regaining traction, with a week-long national holiday set to begin on Friday that will be a key test for consumer spending. The yen was jittery near the closely watched 150 per dollar level amid intervention fears, after the Bank of Japan made no change to its dovish monetary policy.

GLOBAL MARKETS-Asian shares slip after brutal central bank week, yen in focus

GLOBAL MARKETS-Asian shares slip after brutal central bank week, yen in focus
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Asian shares slip after brutal central bank week, yen in focus

Asian shares fell on Monday, dragged by China, after central banks last week reinforced the message that interest rates would stay higher for longer, while investors braced for inflation data from the. -September 25, 2023 at 01:59 am EDT - MarketScreener

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