Japan's Nikkei falls 3.11% amid oil surge, Fed hike bets
The Nikkei 225 fell 3.11% to 63,243.98 in early trading, while the Topix slipped 1.95% to 3,975.67.
Story updates
01:11:18 AM UTC
SquawkNews
Asian equities and bonds experienced a decline following a spike in oil prices that triggered a selloff in US markets, while the most recent inflation figures strengthened expectations for an imminent interest rate increase by the Federal Reserve.Japan's marquee index, the Nikkei 225, crumbled in e…
S. rate hikes and a jump in oil prices stoked inflation worries. 67. S.
equities r…