Bloomberg News reports the Asian shares continued to be subdued on Tuesday following Apple Inc.'s plans to go slow on hiring. This move highlighted concerns that monetary tightening, which is aggressively carried out to combat inflation, signals an imminent economic slowdown. Asian equity gauge manifested very little change with China faltering amidst escalating Covid-related infections and deepening turbulence in the real estate segment of the economy. It was also found that Japan’s gains were modest after it reopened after a Holiday. Apple’s Plans to Erase Gains On Monday, US futures were inching up due to another S&P 500 reversal. The index nullified a 1% gain and was found to end on the lower side with Apple's plans to hire and spend moderately. With Treasuries remaining steady and a dollar gauge remaining at a record high, the 10-year yield continued to be lower than 3%. The bond market is reflecting a short and sharp interest rate hiking cycle by the Federal Reserve that paves the way for growth next year. Crude and Ether Although crude was found plunging, it managed to stay at $100 per barrel. According to the energy minister of Iraq, it is likely that it will remain the same for the remainder of the year. Ether proved to be the leader amongst the digital currencies taking Bitcoin, the largest cryptocurrency, past the $22,000 mark. Twin Peaks Corporate updates like the one Apple announced have helped calibrate the risks related to the recession. There are indications that monetary tightening and high inflation have led to the squeezing of consumers and unemployment could further fan worries that an equity revival that has taken place since mid-June is just a brief respite in a bruised bear market. According to Bloomberg News, the global market strategist, Anthony Saglimbene, associated with Ameriprise Financial Inc., revealed that the next few weeks would be when corporate announcements drive the market activity. The focus will be on how input costs and labor demand is about to shape the outlook. In China, homeowners will likely be allowed by the officials to stop mortgage payments temporarily on projects that fall within the purview of stalled property without charging a penalty. Authorities are striving hard to prevent a confidence crisis in the real estate sector, thereby upending the second largest economy in the world. Yet another pressure point is prevailing in the markets, which is a gas supply to Europe amidst the standoff with Russia due to the Ukraine invasion. The Nord Stream 1 pipeline on Thursday is scheduled to reopen after maintenance. Strategist Lale Akoner, associated with BNY Mellon Investment Management, revealed on Bloomberg television that the overall market volatility is due to measures to assess whether there will be peak inflation or interest rates. Also, she anticipates that the US dollar will remain high for the next few months. Further Reading \t Online Auto Sellers say US Car Prices Have Exceeded Their Peak \t Consider These 8 Important Factors while Evaluating Personal Loan Lenders \t How is Artificial Intelligence Changing the Recruiting Process?