scorecardresearchAsian stocks at lowest in two years, euro near par with dollar on growth fears

Asian stocks at lowest in two years, euro near par with dollar on growth fears

Updated: 12 Jul 2022, 08:10 AM IST
TL;DR.
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8% to its lowest level in two years, while Japan's Nikkei lost 1.75%.
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 7, 2022.  Asian stock markets gained Thursday after the Federal Reserve said higher U.S. interest rates might be needed to cool inflation. (AP Photo/Ahn Young-joon)

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 7, 2022. Asian stock markets gained Thursday after the Federal Reserve said higher U.S. interest rates might be needed to cool inflation. (AP Photo/Ahn Young-joon)