A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.Asian markets on Tuesday are set to open on the defensive, pressured by worries over inflation and ‘higher for longer’ interest rates globally more than fallout from the brief uprising by Russian mercenaries against
The Bank for International Settlements on Sunday called for more rate hikes, warning the world economy is at a crucial juncture in the fight against inflation. The International Monetary Fund’s Gita Gopinath said on Monday investors may be overly optimistic on the speed and cost of taming inflation.
