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The potential U.S. interest rate hike is continuing to shake up Asian markets. Major indices and stocks felt the impact and ended trading in the red on Monday.
Four major U.S. banks are set to release their Q4 earnings reports this week. Ahead of an expected increase in interest rates, investors may be waiting to see how these financial firms have performed over the fourth quarter of 2021.
Following Jerome Powell’s comments indicating that the Fed would move to rein in inflation while avoiding much-feared drastic steps this year, tech stocks jumped, thus boosting several key Indices.
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