Asian stocks stumble amid concern about looming downturn

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

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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.
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

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
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

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
Fonte: SABC News Online - 🏆 32. / 51 Consulte Mais informação »