Persistent questions about market valuations and the US Federal Reserve's interest rates, along with the collapse of the Japanese yen carry trade due to the Bank of Japan's rate hike, were key factors in the recent global market selloff. Investor fears over lackluster tech results and rising US unemployment, along with an appreciating yen, have heightened concerns, leading to a shift in market sentiment despite relatively stable fundamentals. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.