Asian stocks fall as the risk of risks falls

The standard wave in the global stocks has lost its momentum after shaking an intensive sale in the shares of major technology companies. Most indicators in Asia have decreased with the weakening of the appetite for risk, as huge technology companies in Wall Street are exposed to the process of replace investment centers. The Nasdac 100 index in Asian trade fell 0.5%, after the index fell 1.4% on Tuesday, in the second worst decline since the shock of customs duties in April. The MSCI index of regional shares also fell 0.8%, led by Taiwan Simicondord and Soft Bank. Oil prices rose 0.2%, with some of the previous session losses. The dollar index continued its gains for the third day, while the weakness of the New Zealand dollar and the country’s bonds rose after the central bank lowered the interest rate by 25 basis points, indicating that there was a field for more discounts. The pressure of the high assessments and the anticipation of the Jackson Hall meeting, the investors have reduced their centers in the technology shares, which have long been the market leader, amid increasing concern that the increase has been rapid and exaggerated since April. This momentum will be tested more this week with a focus on Jackson Hall, Wyoming, where Federal Reserve President Jerome Powell will speak on Friday, while clients strengthen their bets to lower interest rates in September. “With the judgments reaching high historical levels, traders and hedge funds tend to decline. Today’s fall is a warning before Jackson Hall and a profit for profits,” says Anna Wu, a multiple asset strategy of Van Eik in Sidni. Strategists at Bank of America, led by Michael Hartnet, recently said that the height that spurred the shares of the ‘Seven Greats’ (Apple, Invidia, Amazon, Alphabet, Meta, Microsoft, Tesla) as it is exaggerated. Hartnet has repeatedly warned this year against the dangers of a bubble in US stocks. “It’s always easy when the markets rise, but it’s hard to take advantage of the upcoming expectations. The less resistant road is likely to remain clumsy, but we are increasingly concerned that traditional assets (shares and tires) are fully priced,” Nicholas Ponsak of “strategies” said. Costumes in technology shares and anticipation of Powell’s speech The shares of technology also dropped in the conclusion of transactions. And the shares of “Invidia” fell by 0.3% and “Intel” by 1.2%. In terms of “Palinter Technologies”, which is still the best performance on the “S&B500” index this year, an increase of more than 108%, an additional 2.7% fell, after falling for the fifth consecutive day, which has been the longest loss range since March. Traders are preparing for Powell’s speech, amid almost certain belief in the Treasury market, that lowering interest rates have been completed by a quarter point next month, with another reduction at least by the end of the year. Investors are waiting to find out if Powell will confirm the market prices, or oppose it by reminding that the new data has changed the scene before the next meeting. They are also looking for indicators on the longest path to reduce interest next year. Two weeks ago, when the latest job report revealed a decrease in employment, the issue of reduction of interest seemed almost resolved. But then three years ago, the biggest jump came the biggest jump in US wholesale prizes, which waged anxiety in an enlarged way led by customs duties, which have held federal officials in a cautious position since the beginning of the year. “If we get a sign that they are more likely to lower interest rates, it will be more supportive for the markets,” Herald van der Lindy, head of the Pacific Pacific Strategy at HSBC, said in an interview with Bloomberg TV. Trump’s pressure and attempts to end the war in Ukraine, renewed President Donald Trump his criticism of Powell, saying that federal president is harmful to the housing sector not to lower interest rates. “There is no expansion, and all indicators indicate a significant reduction in the interest,” Trump wrote on “truth socially”. At geopolitical level, Trump called on Russian President Vladimir Putin and Ukrainian President Voludimir Zellinski