A look at the day ahead in Asian markets from Jamie McGeever.
If the mood in Asian markets on Tuesday reflects the broader global mood on Monday, there's every reason to expect an increase in risk appetite and risk assets, despite a higher dollar and Treasury yields.
As U.S. Fed Chair Jerome Powell indicated last week, lending standards are getting tighter for firms of all sizes. And as analysts point out, conditions are consistent with previous recessions. The March report also raised red flags, but again, markets may need evidence of an obvious credit crunch if they are to wilt.on Monday, the Fed said the U.S. banking sector appears well-positioned to weather recent industry turmoil.
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