Possible scenario
Selloff Extends
42%
−1.6%
The most likely path is another 1-2 trading days of pressure as investors continue reducing Asia equity exposure after the BOJ and Fed rate increases. Higher discount rates weigh most on technology, cyclicals, exporters and leveraged financial assets.
What it moves
- Technology−2.4%
- Consumer Cyclicals−1.8%
- Riskier companies' borrowing costs
- Market volatility
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