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Asian indexes retreat, Australia misses out on third quarter growth figures

  • Regular
  • Asian Market
  • 1 month ago
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Drops into U.S. long term Treasury yields and new worries on the trade war between Washington and Beijing have produced a ripple effect throughout the global markets.

Australia missed its third quarter growth benchmarks and their index dropped by 1.3% and along with that the AUD which is down 0.4%.

The MSCI's index of Asia-Pacific shares was down 1.4%.

The Shanghai composite fell 1.2% and the Hong Kong’ Hang Seng too dipped 1.5%.

On the retreat too Japanese stocks, down 0.9% and South Korea’s KOSPI at 0.85%.

 

 

 

 

Source: Smart Trend Team