Today, the majority of Asian stock market indices fell. South Korea’s Kospi index dropped more than half a percent, Japan’s Nikkei 225 sank half a percent, Singapore’s Straits Times Index lost 0.8%, and Hong Kong’s Hang Seng Index lost over 1.3%. On the other hand, the Shanghai Composite Index in China increased by more than 0.1%. The benchmark interest rate set by the Bank of Korea remained at 2.5% today. Two members of the central bank’s Monetary Policy Board voted for an increase in interest rates, while five of the seven members opted to maintain the current rate. After accounting for the effects of rising oil prices, the central bank increased this year’s inflation prediction from 2.2% to 2.7% prior to the commencement of the conflict in West Asia.
Gold Rate Movement: Is Gold Price Falling Today? Check Current 22 Carat & 24 Carat Rates – market sustain https://share.google/NufM9e3Dl4MjMpMCk: Global Cues: Most Asian Stock Markets Slip as Investors Eye Inflation and Policy ShiftsThe growth forecast for this year was increased to 2.6%, which is far higher than the 2% estimate from February.Today, major European indices were trading lower. When reports last came in, the FTSE 100 in London was down more than 1.1%, the DAX in Germany was down more than 0.7%, and the CAC 40 in France was down more than 0.4%.
