Facebook crashed
Zuckerberg has lost 7 billion dollars as companies pull adds from Facebook. Catch the moment!
Asian shares tumble as traders seek safe havens
On Tuesday, Asian shares slid, as caution reigned ahead of a potentially tense gathering between American President Donald Trump and his Chinese counterpart Xi Jinping this week.
The greenback lost ground after traders sold stocks overnight and looked to safe havens because political uncertainty overshadowed upbeat American economic news and solid surge in global manufacturing.
Outside japan MSCI's broadest index of Asia-Pacific stocks went down.
Japan's Nikkei decreased 0.4%, as market participants sought out the safe-haven yen and as carmakers slid on weaker-than-expected American sales.
The worst performer on the index, Toshiba Corporation tumbled nearly 9% after sources told that on Tuesday it will meet creditor banks just to ask them to accept as collateral stocks in some of its businesses in exchange for not calling in their loans.
Australian stocks lost 0.2% notwithstanding an expansion in the country's February trade surplus to more than double last month's because exports of minerals and gold rebounded, while imports went down.
Similar
Nike stock: a gap down is in focus
Lower-than-expected earnings may pull the stock down
One stock to buy right now
The last chance to catch good prices. Here’s 3 reasons why.
Latest news
What drives the market on August 10?
The market has started the week with a mixed sentiment…
Big day for USD
The US NFP will be published on August 7 at 15:30 MT time.
Main market movements on August 6
The market sentiment is indeed risk-on today. Stocks, riskier currencies and gold are rising amid the waning US dollar.
Deposit with your local payment systems
