The Asian stocks slumped in the market. Meanwhile, the bond yields rose slightly and the dollar surged to a two-decade high against the yen on Thursday afternoon.

The investor concern is now about the European Central Bank or known as ECB meeting. Asia's cautious action. They look set to hold on in European markets.

The stock future point seems in a low level . Pan-region Euro Stoxx 50 futures, German DAX and FTSE U.K also slumped by 0.4% to 0.5% based on the data. 

Movements were relatively muted ahead of the ECB meeting, which would end the bank's Asset Purchase Program. That also showed a signal of increase in interest rates to combat rising inflation. 

EUROZONE Economic Grows Rapidly 

Before the meeting of central bank it is always happened like this. To speculate now other than hourly timeframes, or intraday timeframes, doesn't make sense at the moment. It was said by Matt Simpson.

It's the most exciting meeting since Christine Lagarde took the lead, since Draghi was here. Adding to concerns over European inflation, data showed the eurozone economy grew much faster.

That is especially in the first quarter than in the previous three months, despite the war in Ukraine. Many investors make their prediction about ECB's tightening, and they also wait for the CPI data so far. 

The White House says that it maye I'lli l"increase". Economist also thought about annual inflation which could be 0.83% according to a Reuters poll. The stock market of Asia also increased about 9.0%

Monetary Tightening can make an Economy Slowdown

The level is nearly two-year lows touched last month. Investors in the market quite believed that the tightening made by central bank has a possibility to trigger the economic slow down. 

In afternoon trading, it could be seen that some shares felt and it becomes a concern which h needs to handle The ASX 200 index was also lower by 1.42%. Meanwhile, KOSPI closing 0.03% lower. 

Hong Kong's Hang Seng Index reversed from small gains to end down 0.66%. China's leading stock or CSI300 closed down 1.05% as parts of Shanghai began imposing new COVID-19 restrictions.

Hopes for an easing of restrictions contributed to China's stock recovery in recent weeks, and the relaxation provided a boost to the country's exports in May. It is a good news. 

Dow Jones also fell

In Japan, the Nikkei stock index closed up 0.04 percent. Overnight, the Dow Jones Industrial Average fell by 0.8% the S&P 500 lost 1.08 %. The Nasdaq Composite index lost 0.73 percent.

Over the past two weeks, trading has been in a very narrow range and also on a very low volume basis. That was said by an analysts at ING said in a note.

Asian stock market increased by 9.0 % from nearly two-year lows touched last month, investors remain concerned that tightening policies by central banks can bring an effect. 

It is especially it’s ability to control inflation could trigger an economic slowdown. MSCI's index repost also shared a slowdown which is less than one percent so far. 

Some Stocks Changed and Had a lower trend

Australia's ASX 200 index ending down by 1.42%. It is followed by some other index in this continent which also showed a lower trend. The trigger must be found because it is essential for market participants.

The leading stock in China is also closed loser. The cause is Shanghai began to loosen some COVID-19 restrictions. Overnight, the Dow Jones Industrial Average is also lower. 

The example, the S&P 500 lost 1.08% and the Nasdaq Composite Has the same trend too. Over some weeks, trading has been in the market is quite low and also.

Several situations and data ahead becomes so important. However, a positive news about loosened restrictions is good to boost the forex market.