Asian markets mostly rise at end of a tough week
Updated Sep 20, 2021 01:25 am
- HONG KONG: Most Asian markets rose Friday as beleaguered investors trudged into the weekend after a painful few days, with confidence dealt a heavy blow by the Delta variant, Chinese regulatory crackdowns, disappointing economic data, and brewing geopolitical tensions. The gains came despite another tepid lead from Wall Street,
- which was pulled between better-than-expected US retails sales and an above-forecast reading on jobless claims. Thursday's readings were not enough to provide any insight into when the Federal Reserve might start winding down the ultra-loose monetary policy that has been key to a global economic and equity rally for more than a year.
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