Asian stocks declined on Thursday, with hawkish Fed meeting minutes and lingering U.S.-China tensions keeping investors nervous.
The dollar consolidated gains and Treasury yields rose after the Federal Reserve's June meeting minutes showed policymakers anticipate two more interest rate hikes in 2023 to bring inflation back down.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.