Asian markets are trading choppily after a sharp selloff, with investors struggling to find direction. Multiple outlets report that regional equities remain unsettled following a week that includes losses of more than US$2 trillion across global markets, heightening concerns about volatility and risk appetite. The reporting links the recent market turbulence to uncertainty around rates, noting that the U.S. Federal Reserve does not provide clear signals that would remove ambiguity for investors. That lack of clarity keeps traders focused on how interest-rate expectations may evolve, particularly for assets sensitive to changes in the discount rate. In addition, sources point to growing jitters tied to the “AI trade,” suggesting that investors are reassessing exposure to companies and sectors associated with artificial intelligence amid broader market swings. Overall, the articles describe a market environment where sentiment remains fragile and price action is mixed, reflecting both lingering concerns about the pace of economic policy tightening and ongoing recalibration of high-growth themes.