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Top News In Asahi Newspaper Today - Breaking & Trending Today

Reflation Panic Sparks Global Stock Rout


by Tyler Durden
Tuesday, May 11, 2021 - 07:48 AM
Yesterday was bad, but not too bad, and we titled our morning market wrap Futures Flat As Soaring Commodities Depress Tech Stocks. 24 hours later it s much worse, as the rout that hammered US tech stocks on surging inflation fears (see This Is Not Transitory : Hyperinflation Fears Are Soaring Across America ) has now gone global, with markets in Asia and Europe hammered and S&P futures sliding 0.8%, while Nasdaq futures tumbled by another 1.3% after Monday s 2.6% rout. Treasuries were steady ahead of today s 3Y auction while the dollar erased its gains and dropped to session lows. ....

United Kingdom , Israel General , United States , Hong Kong , France General , Perifereia Stereas Elladas , United Kingdom General , Gaza Strip , Kwazulu Natal , South Africa , Noord Holland , New Zealand , City Of , Saudi Arabia , South African , Marios Hadjikyriacos , Isabel Schnabel , Oanda Asia Pacific Pte , Ima Sammani , Jeffrey Halley , Karsten Wildberger , Francis Yared , Su Tseng Chang , Cathie Wood Ark , Francesc Balcells , Jean Boivin ,

World's oldest person, 118, pulls out of Tokyo 2020 Olympics torch relay


Kane Tanaka, 118, has decided not to take part in the Tokyo Olympics torch relay
The world s oldest person was to be a relay runner in Fukuoka, southern Japan
She withdrew due to fear of spreading Covid at her nursing home, an official said
It is the latest blow for Olympics, which saw a Covid outbreak in the torch relay
Six people who helped with relay were diagnosed with Covid, organisers said ....

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