What’s Next for Asian Markets Following Fed’s Hawkish Tilt at Jackson Hole
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Asian assets enter Monday on the backfoot following the Federal Reserve’s hawkish tilt at the Jackson Hole symposium, which has investors searching for havens.
Beyond the immediate weakness in the region’s currencies and equities markets, analysts also warn of longer-term risks of funds flowing out of Asia, and further erosion of the rebound seen in risk assets since June.