News Formal

Asian stocks stumble amid concern about looming downturn

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Investors ditch shares and flee to the safety of bonds while the Japanese yen hovers near a six-week high as risk assets fall out of favour on growing fears about a US recession

A man stands in front of an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Japan. REUTERS/KIM KYUNG-HOON

Japan’s Nikkei tumbled 3.2% to the lowest in two weeks, South Korea’s Kospi index declined 1.6% while Australian shares faltered 1.3%.On Friday, all three major US stock indexes clocked their biggest one-day percentage losses since January 3. The Dow slid 1.8%, the S&P 500 was off 1.9% and the Nasdaq dropped 2.5%.

“The bond market price action is an enormous blaring siren to anyone trying to be optimistic on stocks,” JPMorgan analysts said in a note to clients. National Australia Bank’s yield curve recession modelling is pointing to a 30%-35% probability of a US recession occurring over the next 10-18 months. Some analysts, such as ING’s Rob Carnell, advised against rushing to place bets on the yield inversion.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business DayBusiness Day, Johannesburg. 104.741 beğenme · 6.646 kişi bunun hakkında konuşuyor. BDlive is the digital identity of Business Day, South Africa's premier daily business newspaper.
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

JSE could follow Asian stocks lower on WednesdayGlobal markets have shifted their attention to a rate decision by the Federal Reserve and tense US-China trade talks
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Huawei leads Asian domination of UN patent applications in 2018 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.WIPO oversees international treaties governing patents, trademarks and industrial designs. Its annual report on the applications it receives and gives an early snapshot of the trends. La Biodiversidad también incluye microorganismos 🦠que trasforman alimentos (leche a queso), alimentos silvestres🍄 (hongos, frutos, proteína animal), polinizadores🐝 suelos ricos que no requieren fertilizantes🌾 control de natural de pestes y enfermedades 😷 HambreCero
La source: SABC News Online - 🏆 32. / 51 Lire la suite »