Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Cambodia's Future Leaders Celebrated as Prime Minister Hun Manet Speaks at Asia-Europe University Graduation | The National Bank of Cambodia and Central Bank of Madagascar seal a partnership to enhance bilateral economic cooperation. | Minister of Health Delivers Lecture on Leadership and Innovation on "Methods of Critical Thinking – Part 2" | BREAKING: Takeo Provincial Court President Dismissed for Premature Release of Murder Convict | BREAKING: Samdech Hun Sen Announces Absence from Senate Plenary Session After Positive COVID-19 Test |
Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Cambodia's Future Leaders Celebrated as Prime Minister Hun Manet Speaks at Asia-Europe University Graduation | The National Bank of Cambodia and Central Bank of Madagascar seal a partnership to enhance bilateral economic cooperation. | Minister of Health Delivers Lecture on Leadership and Innovation on "Methods of Critical Thinking – Part 2" | BREAKING: Takeo Provincial Court President Dismissed for Premature Release of Murder Convict | BREAKING: Samdech Hun Sen Announces Absence from Senate Plenary Session After Positive COVID-19 Test |

FINANCE Wednesday 22nd June

  • Posted Jun 29, 2022 13:13 by Anthony Ellis
  • 2226
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The CSX Index is currently at 489.24 Points down 0.72 Points or 0.15%

Bank of Cambodia's Daily Exchange Rate is: 4,068 KHR to the USD$

TOKYO, June 29 - Asian stock markets fell on Wednesday, extending Wall Street's overnight losses amid concerns over inflation and the possibility of recession, which also boosted the safe-haven dollar.

Japan's Nikkei index fell 0.98%, while MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 1.37%, dragged lower by Australian shares (.AXJO), off 0.81%, and Korea's KOSPI (.KS11), down 1.54%.

Chinese blue chips (.CSI300), which hit a four-month high the day before, lost 1.16% while the Hong Kong benchmark (.HSI) fell 1.83%.

EURO STOXX 50 futures were down 0.57% and FTSE futures lost 0.68% before European markets opened.

The losses in Asia followed a turbulent day on U.S. markets, with the S&P 500 index down more than 2% after data showed U.S. consumer confidence dropped to a 16-month low in June due to fears high inflation could cause the economy to slow significantly in the second half of the year.

The euro dropped 0.6% on the greenback overnight and was little changed in Asia at $1.0506. The Japanese yen stood at 136.03 per dollar, not far off last week's 24-year low of 136.7.

Brent crude futures fell 0.86% on the day to $116.96 a barrel. U.S. crude was down 0.72% to $110.94.

Spot gold was flat, gaining 0.07% to trade at $1,820.7600 an ounce.

The Bitcoin price is $20,152.58, a drop of -2.80% over the past 24 hours

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