GLOBAL MARKETS-Asian stocks follow Wall St futures lower ...Middle East

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GLOBAL MARKETS-Asian stocks follow Wall St futures lower
source : Devdiscourse ( Middle East ) () 44
Asian markets got off to a shaky start on Monday as U.S. stock futures took an early skid on rate worries, while a tightening lockdown in Shanghai stoked concerns about global economic growth and possible recession. "A series of rate hikes and hawkish communication came against a backdrop of plummeting Chinese and European activity, new plans for Russian energy bans and continued supply-side pressures," warned analysts at Barclays.

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