Asian equities tracked Wall Street's slide on Wednesday, while investors sw...
TOKYO - Asian equities tracked Wall Street’s slide on Wednesday, while investors switched to safe-haven government bonds, driven by fears that global growth will suffer as a potential trade deal between the United States and China appeared to be unraveling.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.75 percent, stooping to its lowest level since late March.Australian stocks declined 0.6 percent, South Korea’s KOSPI fell 0.5 percent and Japan’s Nikkei was down 1.6 percent. “From an equity market perspective, the immediate focus is on the two-day talks scheduled to take place between the U.S. and Chinese officials,” said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.
Benchmark 10-year yields on U.S. Treasuries, German bunds and Japanese government bonds sank to one-month lows.In currency markets, the dollar declined for the fourth day and touched a six-week low of 110.09 yen. The New Zealand dollar was down 0.5 percent at $0.6560 after the country’s central bank cut interest rates to 1.5 percent from 1.75 percent on Wednesday. The kiwi had earlier dropped to $0.6525, its lowest since November 2018.The Aussie was on the front foot after the Reserve Bank of Australia kept its policy interest rate unchanged at 1.5 percent on Tuesday, defying expectations for a cut.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Wall Street Put Way Too Much Stock In Peaceful China Trade SettlementUnless China comes out verbally in favor of removing state subsidies from favored industries, among other things, the trade war gets bigger fast.
Baca lebih lajut »
Asian shares off five-week low, remain fragile amid U.S.-China trade tensionsAsian shares staggered up from five-week lows on Tuesday but remained fragile af...
Baca lebih lajut »
Asian markets plunge as U.S.-China trade deal appears in jeopardyAsian stock markets plunged in early trading Monday as trade negotiations between the U.S. and China appeared to be on the verge of collapse.
Baca lebih lajut »
Asia Pacific stocks set to slip amid renewed US-China trade tensionsStocks in Asia were poised to slip at the open on Tuesday amid renewed trade tensions between the U.S. and China.
Baca lebih lajut »
Asia shares linger near five-week low amid renewed U.S.-China trade jittersAsian shares wallowed near five-week lows on early Tuesday after U.S. President ...
Baca lebih lajut »
Asian shares off five-week low, remain fragile on renewed U.S.-China trade worriesAsian shares staggered up from five-week lows on Tuesday but remained fragile af...
Baca lebih lajut »
Asia markets set to decline amid US-China trade jittersShares in Asia were poised to decline at the open on Wednesday as investors continued to digest U.S.-China trade developments that sent U.S. stocks tumbling overnight.
Baca lebih lajut »
Asian shares trade sideways as investors await fresh cuesAsian markets marked time on Thursday with two major centers - Japan and China -...
Baca lebih lajut »
Asian shares flatline after Fed's neutral messageAsian markets marked time on Thursday with two major centers - Japan and China -...
Baca lebih lajut »
Trump rises tariffs on Chinese goods as a last ditch before trade talksThe USPresident Donald Trump announced increasing of tariffs on $200 billion of Chinese goods ahead of scheduled talks with China, causing the Asian markets to tumble in early trade on Monday.
Baca lebih lajut »
Wall Street extends decline as China trade worries mountU.S. stocks tumbled more than 2 percent on Tuesday as escalating trade tensions ...
Baca lebih lajut »