Asian markets crash on Delta, Mu worries

asian markets crash on delta mu worries

Sumary of Asian markets crash on Delta, Mu worries:

  • TOKYO: Asian markets mostly fell on Wednesday as a tepid lead from Wall Street and worries about the impact of the Delta and Mu variants on the global recovery tempered investor appetite, though hopes for more stimulus helped Tokyo extend its recent rally.
  • Traders are keeping a close eye on the fast-spreading Delta strain, which is sending infection rates spiking around the world and forcing some governments to reimpose containment measures or lockdowns, raising concerns about the economic recovery.
  • Hong Kong reversed early gains while there were also losses in Sydney, Seoul, Singapore, Taipei, Wellington, Mumbai, Bangkok and Jakarta.

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