Asian shares plunged on China trade-war fears, and market optimism is 'hanging by a thread'

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A fresh threat of US tariffs against Europe and disappointing manufacturing data tempered the market mood following the US-China trade war truce last weekend.

Asian shares slumped while gold and bitcoin surged on Wednesday. Market optimism is"hanging by a thread as US-China trade tensions remain the key antagonist to the global growth outlook," said Han Tan, market analyst at FXTM. View Markets Insider's homepage for more stories.

Asian shares slumped while gold and bitcoin surged on Wednesday. Market optimism is"hanging by a thread as US-China trade tensions remain the key antagonist to the global growth outlook," said Han Tan, market analyst at FXTM. View Markets Insider's homepage for more stories.

 

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