Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain concerned aggressive monetary policy moves by central banks across the world could tip the global economy into recession next year. Traders continued to refrain from creating fresh long positions. Asian markets closed mostly lower on Monday.
Amid lingering worries over a possible recession, the uncertainty over China's economic reopening as the country battles a wave of Covid infections is also weighing on the markets.
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