Global markets fall, roiled by US inflation, rate adjustment fears - Premium Times


6/13/2022 12:00:00 AM2 years 10 months ago
by Ronald Adamolekun

The weight of the plunge was heaviest in Asia, where Japan’s Nikkei dropped 3 per cent and the yen plummeted to the weakest level in over 20 years.

Global markets tanked on Monday with the dollar touching its peak in two decades as high U.S. inflation data stoked concerns that central banks will further raise rates. At 5.20 am ET, U.S. Dow Jone… [+2349 chars]

full article...