AsiaStocks sunk as Trump fires new trade salvo

Japan’s Nikkei fell 1.2% in early trade, to be down 7% for the month so far. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1% and was likewise off a hefty 7.7 for the month.

AsianShares extended a month-long slide and sovereign bonds surged on Friday after US President #DonaldTrump ramped up trade tensions globally by suddenly slapping tariffs on all goods from Mexico, sending the peso tumbling.

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Posted in: Indian Market Tips