- Asian stock markets trade on a negative note as investors worry about the possible US debt ceiling crisis.
- After Fitch downgraded the US government’s credit rating, markets turn cautious from AAA to AA+.
- BoJ policymaker stated that Japan is in a position where it is critical to maintain an easy policy.
Asian stock markets trade in negative territory on Wednesday. The market turned to a risk-off mood amid the concern of the US credit rating cut, the renewed tension between the US-China and mixed US economic data ahead of the Nonfarm Payrolls report.
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