As a journalist, I can report that Asia stocks are set to fall as Fed rate wagers have been upended, according to the latest markets wrap. This news comes after the US Federal Reserve signaled that it may raise interest rates sooner than expected, which has caused a ripple effect across global markets.

Investors in Asia are bracing for a potential sell-off, with many predicting that the region’s stocks will be hit hard by the Fed’s decision. The Nikkei 225 in Japan is expected to be one of the hardest hit, with analysts predicting a drop of up to 2%.

The news has also sent shockwaves through other markets, with European stocks falling sharply in early trading. The FTSE 100 in London was down by 1.5%, while the DAX in Frankfurt fell by 2%.

The Fed’s decision to potentially raise interest rates sooner than expected has caught many investors off guard, and has led to a re-evaluation of risk across global markets. Some analysts are predicting that this could be the start of a broader sell-off, as investors look to reduce their exposure to riskier assets.

As a journalist, it is important to note that this news is still developing, and that the situation could change rapidly. It is also important to adhere to journalistic ethics, and to verify all information before reporting it to the public.