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Search resuls for: "Tony Sycamore"


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Asian shares slide as fears over hawkish Fed mount
  + stars: | 2022-12-23 | by ( Ankur Banerjee | ) www.reuters.com   time to read: +3 min
SINGAPORE, Dec 23 (Reuters) - Asian shares eased on Friday, tracking a dive on Wall Street, while the dollar firmed as strong U.S. data revived fears the Federal Reserve will have to retain its hawkish stance to tame inflation. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) slid 0.69%, snapping a two-day winning streak. Australia's S&P/ASX 200 index (.AXJO) lost 1.01%, while Japan's Nikkei (.N225) opened 1% lower. The data from the United States "flamed fears that further monetary policy tightening in 2023 will be necessary to cool inflation," said Tony Sycamore, a market analyst at IG. The dollar index , which measures the greenback against six other currencies, fell 0.057% to 104.32.
The sale is the second big chunk of stock he has cashed out since his $44 billion purchase of Twitter in October. I've spoken to a lot of investors who have Tesla shares and they're absolutely furious at Elon." There was no immediate response to a Reuters request for comment from Tesla and from Musk emailed outside business hours. The value of Musk's total selling over the past year comes to nearly $40 billion. Tesla investor Ross Gerber, a strong supporter of Musk, said on Twitter that Tesla should announce a buy back "to take advantage to (sic) the low share price Elon has created."
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