Asian stocks hit a two-year low on Friday, heading for a weekly loss
Fri, Jul 15, 2022 9:10 AM

Asian stocks hit a two-year low on Friday, heading for a weekly loss

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Asian stocks reach a two-year low on July 15 and were heading for a weekly loss. At the same time, the dollar is about to hit its third week of gains as a fresh slew of rate hikes around the world caused concerns regarding the global economic growth outlook. MSCI's index of Asia-Pacific shares outside Japan plunged by 0.5% in morning deals to a two-year low. Japan's Nikkei edged 0.1% lower.

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