Markets Turn The Uncertainty Dial Up. Again…

MSCI’s broadest index of Asia-Pacific shares outside Japan skidded 1%. South Korea’s KOSPI tumbled 1.7% and Taiwanese shares lost 0.7%. Chinese blue chips lost 0.7%, while Hong Kong’s Hang Seng index slid 0.8%. Again concerns about the exploding costs of AI investment hounded the tech sector. Ahead, are Amazon’s results later in the day, plus policy meetings from the Bank of England and the European Central Bank where rates are expected to be on hold. Finally, Bitcoin tumbled more than 3% in the Asian session to $70,052.38, its lowest level since November 2024. Bitcoin has already fallen more than 7% […]