Asian markets experienced a tumultuous week as the announcement of a new Bank of Japan governor and concerns over inflation and earnings growth weighed on investors.

The Japanese yen strengthened on the news of the new governor, while stocks in the region slipped. The Nikkei 225 index fell 0.7%, the Hang Seng index in Hong Kong dropped 1.9%, and the Shanghai Composite in China fell 2.1%.

The U.S. economy also gave conflicting signals this week, with the Dow Jones Industrial Average and the S&P 500 index both closing higher on Wednesday despite a rise in bond yields.

The conflicting signals from the U.S. economy have raised concerns over the potential for a rate hike by the Federal Reserve, which could further pressure Asian markets.

Inflation fears also weighed on markets, with the Bank of Japan’s announcement of a new governor sparking speculation of a possible increase in inflation.

The week ended with most Asian markets in the red, with the Nikkei 225 index down 0.4%, the Hang Seng index down 0.7%, and the Shanghai Composite down 0.2%.

The outlook for next week is uncertain, with investors keeping a close eye on inflation and earnings growth, as well as the potential for a rate hike by the Federal Reserve.