Morning Bid: US recession worries weigh in Asia

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Morning Bid: US recession worries weigh in Asia
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A look at the day ahead in European and global markets from Kevin Buckland

Europe wakes up to more weakness in equities after stock markets across Asia took cues from Wednesday's slump on Wall Street.

Technology shares in the region didn't benefit much from Microsoft's earnings boost though, which had buoyed the Nasdaq. The Hang Seng's tech sector, in particular, slumped more than 1%, with the mood soured by the U.S. Commerce Secretary'sMeanwhile, the United States continued to cozy up to long-time regional allies South Korea and Japan.

Overnight, a meeting in Washington between President Joe Biden and South Korean leader Yoon Suk Yeol produced a The meatier indicator comes later, in the form of U.S. advance GDP for the first quarter, with 2% annualised growth expected.

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