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International Business Times
International Business Times
Business
AFP News

Asian Markets Stutter As Investors Fret Ahead Of US Releases

Traders are awaiting the release of US inflation data later in the day as well as the Federal Reserve's outlook for interest rates (Credit: AFP)

Worries about upcoming US inflation data and the Federal Reserve's outlook for interest rates permeated Asian trading floors Wednesday, while the euro continued to struggle owing to political uncertainty in Europe fuelled by shock EU election results.

While a surge in Apple helped Wall Street reach another record, investors are growing increasingly nervous that the US central bank will hold off on cutting borrowing costs for an extended period as officials determine if prices have been brought under control.

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