In the stock markets of Asia and Oceania on the 21st, sell orders are expanding and stock prices are falling in many markets from the view that the policy interest rate will be raised in the United States earlier than expected.
Representative stock indexes in each region as of 11:30 am Japan time
have fallen by
about 1.8% in Sydney, Australia and
about 1.2% in Taiwan,
respectively
, compared to the closing price last weekend, and
▼ Singapore. The
price has dropped by
about 0.9%, and in
Hong Kong by about 0.7%
.
Behind the fall in stock prices was the timing of the rate hike last week when one of the Fed's central bank executives said that the first rate hike would come next year. There are times when there is a view on the market that the Fed may be faster than expected.
Market officials said, "Sell orders are spreading all over Asia, partly due to the sharp drop in stock prices in the Tokyo market. This week, executives such as Fed Chair Powell are planning to make a series of remarks, and the content is drawing attention. ".