Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data.
Equities surged in the last two months of last year on expectations the US central bank will slash interest rates several times this year as inflation comes down, the labor market softens, and the economy heads towards a soft landing.
