Asian stocks were set to extend a selloff following US peers as markets priced in the risk of escalation in the Iran conflict, driving risk-off positioning. US Treasuries rallied (yields fell) after Fed Chair Jerome Powell downplayed near-term inflation risks from higher energy prices, easing immediate rate-hike concerns.
Asian stocks were set to extend a selloff following US peers as markets priced in the risk of escalation in the Iran conflict, driving risk-off positioning. US Treasuries rallied (yields fell) after Fed Chair Jerome Powell downplayed near-term inflation risks from higher energy prices, easing immediate rate-hike concerns.
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mildly negative
Sentiment Score
-0.30