Tensions between the U.S. and China are putting pressure on Asian Indices, and fears of a coming recession may be pushing the prices of key Commodities downward.
Wednesday’s Asian trading was a mixed bag today as interest rate concerns troubled traders, and the gaming industry in China is facing significant government challenges.
After weeks of strict lockdown measures, China’s electric vehicle sector is returning to business-as-usual. The latest figures reveal significant sales growth, albeit lower than might have been expected were productivity not limited by COVID-19 and supply chain problems.
The Hang Seng Index moved upwards today, even as trading on Tokyo’s Nikkei 225 closed with a slight loss. Some analysts posit that a lifting of COVID-19 restrictions in Shanghai could be behind increased optimism on major Asian markets.
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