Trump gets Asian stock markets lower

Trump gets Asian stock markets lower

World March 22, 2017 06:33

- Fairs in Asian countries Tuesday to Wednesday hard deteriorated. Concerns have risen that the US can sustain growth and the plans of President Trump may be true.

The broad MSCI Asia Pacific Index lost response in the most value from December 2016. Financials and commodity stocks were here most of the sub-sectors back.

Asian stock markets follow the fears of US investors. The S \u0026 amp; P 500 index slumped Tuesday the most since the election of Donald Trump to American president.

Many benchmark indexes in Asia were up 1.5% return. Yields on government bonds lost ground.

Especially the plan to carry out healthcare, ObamaCare, US encounters on Capitol Hill on issues with Republicans. An alternative plan gets no support yet.

The regional BDO Unibank sees prospects for the US plans are not yet redeemed for investors. ' The markets realize they have too much expected from Trump. '

The move made the Japanese yen well: the currency often acts as a \u0026 nbsp; haven for investors.

Leave a comment

The HOTRECENTNEWS.com is not responsible for the content of external sites.

SEARCH

Back to Top