Asian markets swing as traders weigh growth outlook

The Nikkei Stock Average is slightly higher today after rallying more than 3% over the last three trading days. – EPA pic, January 25, 2023.

ASIAN markets fluctuated today as traders in several countries returned from the Lunar New Year break to a soft lead out of Wall Street with recession fears still causing concern.

While equities have enjoyed a strong start to the year as a slowdown in inflation gives central banks room to temper their interest rate hikes, focus is now turning to the impact of last year’s increases on the economy.

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