American equities stand still as trade and economic fears weigh
On Monday, American futures were generally intact suppressed by trader fears over the world’s economic deceleration…
Asian markets slide as traders take a breather
On Tuesday, Asian markets took a breather, with traders taking profit across the region, following a recent ascend. Apparently, on Monday, the losses tracked the same moves in American markets at the close.
Hong Kong's Hang Seng Index decreased 0.11% trading at 26,441. In Singapore FTSE Straits Times Index dropped 0.06% hitting 3,296.10. In Korea, Kospi slid 0.06% being worth 2,128.21. Meanwhile, in Japan, the Nikkei lost 0.69%, trading at 19,979.50. Additionally, the Jakarta Stock Exchange Composite Index slumped 0.27% trading at 5,825.25.
On Tuesday, China's markets kept going down notwithstanding the upbeat data posted yesterday. The Shanghai Compasit Index decreased 0.62% hitting 3,156.76, and the technology heavy Shenzhen Composite Index tumbled 0.55% hitting 1790.55.
As for Thailand, it gained, with the SET Index standing still with profits of 0.05%. In the Philippines the PSEi Index managed to grow 0.19%.
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