HONG KONG – Asian markets were mixed Thursday as investors took a breather following a recent run-up, while optimism about the global recovery remains shackled by concerns that a surge in inflation will force central banks to rein in monetary policy earlier than flagged.
The rollout of vaccines, reopening of economies, trillions of dollars in stimulus and central bank largesse have combined to fuel a rally in world equities since their pandemic-induced collapse at the start of last year.
And while that enormous splurge appears to have paid off, with lives slowly returning to a semblance of normal and businesses back up and running, traders have in recent months grown …
Keep on reading: Asian markets mixed as rally stalls, inflation casts shadow