Asia stocks set to slip as fresh trade concerns ramp up over EU tariffs

Worries over global trade tensions continue to weigh on investor sentiment. The U.S. is set to impose tariffs on European Union goods on October 18.

Markets across the globe have also been rattled in the last few sessions as worries grow over the prospect of an economic slowdown in the U.S.Stocks in Asia were set to trade lower Thursday on fresh trade concerns, with the U.S. announcing it's set to slap tariffs on European Union goods. Futures pointed to a lower open for Japanese shares, with the Nikkei futures contract in Chicago at 21,440 and its counterpart in Osaka at 21,370. TheStocks in Australia were also set to slip at the open. The SPI futures contract was at 6,493.0, as compared to the

last close at 6,639.90. Investors will watch out for Australian trade data in August, set to be released at around 9:30 a.m. HK/SIN.Meanwhile, a new battle on the trade front could rattle markets again, as the Office of the U.S. Trade Representative said it will impose. That comes on top of the ongoing trade war between Beijing and Washington, with Chinese and U.S. officials scheduled to meet in Washington next week.

Worries have also grown over the prospect of an economic slowdown in the U.S. Manufacturing activity in the U.S. contracted to its

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Asia stocks set to trade lower amid renewed slowdown fearsU.S. manufacturing activity contracted to its worst level since June 2009, according to a report from the Institute for Supply Management. Go Trump Make sure to invest in bitcoin. If you are wondering how to do that in a retirement account, look up $GBTC
Källa: CNBC - 🏆 12. / 72 Läs mer »

EU leaders risk trade tension with carbon border tax to protect industryThe new European Union executive risks stoking international tensions over trade... That’s why first world countries can’t compete with China its third word labor, and oversight with first world size, and technology! The standard of living has become based on China, and its exploitation of local less fortunate.
Källa: Reuters - 🏆 2. / 97 Läs mer »