Asian markets swing after Yellen spooks Wall St, eyes on US jobs
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Hong Kong (AFP) – Asian markets fluctuated Wednesday after Treasury Secretary Janet Yellen’s suggestion that US interest rates might need to be hiked, as government spending measures fan inflation and the economy surges. The comments appeared to be a deviation from the united front top officials have put up in trying to reassure investors that the Federal Reserve’s ultra-easy monetary policies will remain in place until the recovery is well on track. Investors are also awaiting the release of data on private jobs creation later in the day, which will give clues about Friday’s key non-farm payr…

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