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International Business Times
International Business Times
World
AFP News

Asian Markets Drop Again As Traders Prepare For CPI, Earnings

Bitcoin whipsawed after a post on X saying the Securities and Exchange Commission had approved ETFs for the unit was later denied by the regulator's chairman (Credit: AFP)

Asian markets on Wednesday resumed the losses that have characterised the year so far, following a tepid lead from Wall Street as traders prepare for the release of key inflation data and start of earnings season.

A nervousness has swept through trading floors in the past week as investors grow concerned that they may have been too hasty at the end of 2023 in pricing in a series of Federal Reserve interest rate cuts this year.

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