Rising tensions in Hong Kong drive equities lower

0
18
views
Asian stocks tumble on rising tensions in Hong Kong
Investors continue to monitor trade talks
Gold falls the most in two years

 

The closing of US equities at record highs on Friday did not seem to influence the market’s direction in Asia this morning. Hong Kong’s Hang Seng Index tumbled 2% in early trade while China’s Shanghai and Shenzhen Composites both fell more than 1%.

Escalating violence in Hong Kong is once again putting global investors on the defensive. The 12% rally in HSI since bottoming out in August was mainly driven by global risk-on sentiment. If the… Read More:

For all Articles related to FXTM please click here

OPEN AN ACCOUNT WITH FXTM