US News

Asian stocks dip as Omicron spreads, Fed decision looms

Published by

By Paulina Duran SYDNEY (Reuters) – Asian stocks and oil prices slipped on Tuesday as the spread of the Omicron coronavirus variant rattled investors who were already on edge ahead of a slew of central bank decisions this week, including a key Federal Reserve meeting. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.46%. China’s CSI300 index was also 0.41% lower, after health authorities in Tianjin detected mainland the country’s first Omicron case. Major Chinese manufacturing province Zhejiang is also fighting its first COVID-19 cluster this year, with tens of thousands o…

Read More

Facebook Comments

Check Also

US Community on Alert over Draft Law that Could Give Treasury Sweeping Powers over Crypto

  Crypto-advocating lawyers and pro-crypto pressure groups are ...