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. Many are now predicting that we could see a period of increased volatility in the coming weeks and months.

As a journalist, it is important to note that this news is still developing, and that we will continue to monitor the situation closely. We will also be speaking to experts and analysts to get their take on what this means for investors and the wider economy.