Asia shares stumble, bonds and dollar find safe-haven demand By Reuters – Investing.com
- Date: 07-Jul-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Asia shares stumble, bonds and dollar find safe-haven demand By Reuters – Investing.com
By Wayne Cole
SYDNEY (Reuters) - Asian share markets stumbled on Wednesday as a bout of risk aversion boosted bonds and the dollar, while investors braced for minutes from the Federal Reserve's last meeting which should underline a hawkish turn in U.S. monetary policy.
Dealers were hard pressed to find a single catalyst for the sudden change of mood, but a Chinese crackdown on tech companies had clearly had an impact.