Asian markets slip amid renewed Fed rate hike fears

Most Asian stock market indices were trading lower on Tuesday (15 November), with the Shanghai Composite down 0.27% at 3,201.74 as of 4.52am GMT, following renewed Fed rate hike fears.
Investors reportedly fear that the US Federal Reserve would increase interest rates in its December policy meeting. “The implied probability of a December rate hike has surged to 92%, so this morning we saw some profit taking and unwinding of activities,” Margaret Yang, market analyst at CMC Markets,