Asian markets steady with focus on inflation, Biden-Xi summit


HONG KONG (AFP): Asian investors trod a cautious path Tuesday (Nov 16), with surging inflation the key point of concern on trading floors, while eyes were also on a virtual summit between Joe Biden and Xi Jinping as they plot their way through a period of tension between the superpowers.

Global markets have enjoyed about 18 months of healthy gains -- with many hitting record or multi-year highs -- thanks to ultra-loose central bank monetary policies put in place at the start of the pandemic.

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Asian , equities , Nov 16 , opening

   

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