Global stocks slump in early Asian trade following Dow slide

in opening trade and Australian stocks falling 1.9 per cent.

Hong Kong shares dropped at the open Thursday, tracking massive losses on Wall Street as poor Chinese and German data fuelled concern over the global economy. The MSCI ACWI, which incorporates readings of 49 equity markets across the world, shed 2.1 per cent to its lowest level since Jun 4, while E-Mini futures for the S&P 500 lost 0.1 per cent in early Asia.

Oil prices shed 3 per cent on Wednesday after fresh Chinese and European economic data revived global demand fears and US crude inventories rose unexpectedly for the second week in a row.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks bounce in relief as Trump delays China tariffs[TOKYO] Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Asian stocks bounce in relief as Trump delays China tariffsAsian shares joined a global equities rally and safe-haven government bonds pulled back on Wednesday, after Washington delayed tariffs on some ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asian stocks cheer Trump's delay of some China tariffsAsian shares joined a global equities rally and safe-haven government bonds pulled back on Wednesday, after Washington delayed tariffs on some ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »