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Wednesday 26 December 2018

Markets braced for turmoil as Trump and Christmas sell-off feed uncertainty

Asian stocks down again ahead of a nervous resumption of trade on Wall Street amid concern over global slowdown

The world’s financial markets are headed into the year-end under a heavy cloud after a rout on Wall Street and political uncertainty added to heightened concerns over slowing global economic growth.

It follows a rout of shares on Wall Street on Monday and heavy selling in Asia on Christmas Day with Tokyo losing losing 5% as investors were unnerved by a US federal government shutdown and Donald Trump’s hostile stance towards the Federal Reserve chairman.

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from The Guardian http://bit.ly/2TcmptN

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