Asian Stocks Up, Possibility of Gradual Fed Asset Allays Investor Fed Fears
- Date: 22-Jun-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Asian Stocks Up, Possibility of Gradual Fed Asset Allays Investor Fed Fears
By Gina Lee
Investing.com – Asia Pacific stocks were mostly up Tuesday morning, following a rebound in U.S. counterparts during the previous session. The possibility that policy tightening could be more gradual than expected allayed fears over the U.S. Federal Reserve's latest hawkish tilt.
Japan's 225 soared 3.03% by 10:43 PM ET (2:43 AM GMT) and South Korea's gained 0.69%