The Tokyo Stock Exchange fell again on Monday, worrying about the risk of entering the US recession after the new monetary tightening of the US Federal Reserve (Fed). The flagship Nikkei index, which had already fallen 6.7% in the previous week, lost 0.74%, reaching 25771.22 points, the lowest level since mid-May. The broader Topix index fell 0.92% to 1,818.94 points.
The New York Mercantile Exchange closed closed on Friday amid additional signs of a slowdown in the US economy as more and more experts feared the collapse of the world’s largest economy. «Investors are worried about keeping stocks as assets, as the probability of a recession in the US exceeds 50%.“, Commented Masafumi Oshiden from BNY Mellon Asset Management, quoting Bloomberg agency. In Hong Kong, the Hang Seng Index rose 0.14% at around 6:45 GMT.
Source: Le Figaro
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