Asian stock markets are mostly higher on Wednesday, following the mixed cues overnight from Wall Street, as some traders looked to pick up stocks at reduced levels after the recent sell-off in global markets. Traders also are wary about persistent inflation, higher interest rates and the outlook for the global economy. Asian Markets closed mixed mostly lower on Tuesday.
Traders remain cautious ahead of the release of inflation data from the U.S. and China. The latest snapshot of inflation could impact expectations regarding how aggressively the Federal Reserve plans to raise interest rates.
Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.