Asian markets swing on recession fears as inflation data looms

Hong Kong (AFP) Oct 11, 2022

Most markets fluctuated in Asian trade Tuesday as traders grow increasingly fearful that more big interest rate hikes will tip economies into deep recessions, with the mood also darkened by the worsening Ukraine war and worries over China's outlook. With the focus on inflation, analysts said consumer price index data released later this week will be crucial to the direction of risk assets --