The positive momentum seen in European and U.S. stocks on Monday was unable to translate into broader gains in Asian equities. While Japan’s Nikkei was up more than 1% in afternoon trading, the South Korean Kospi index traded slightly lower, with Hong Kong’s Hang Seng flirting with bear market territory.
Despite a slight return in appetite for equities, the risks have not changed. Emerging markets are still vulnerable to further shocks, and the U.S.-China trade dispute is likely to escalate further in the coming days. This makes it difficult for investors to make up their minds on… Read More