Asia-Pacific Stocks Mixed as Investors Await China's Retail Sales Data; Oil Prices Fall
Hong Kong’s Hang Seng index led losses regionally on Tuesday adding to losses after closing at its lowest since March 2016 on Monday.
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Hong Kong’s Hang Seng index led losses regionally on Tuesday adding to losses after closing at its lowest since March 2016 on Monday.
The Fed is expected to raise interest rates by a quarter point, a major step in reversing the easing it put in place to help the economy through the pandemic.
WTI crude fell below $100 per barrel, and February wholesale inflation data also came in cooler than Wall Street expected.
Oil prices came under pressure as a number of factors weighed on the market, including the Russia-Ukraine war and a potential slowdown in demand from China.
WTI crude fell below $100 per barrel, and February wholesale inflation data also came in cooler than Wall Street expected.