Asian market retreats pressured by rising US-China trade tensions

Asian market retreats pressured by rising US-China trade tensions

SHANGHAI (Reuters) - Asian stocks fell to a low of two and a half weeks on Monday after US President Donald Trump raised tensions ...

SHANGHAI (Reuters) - Asian equities fell to a low of two and a half weeks on Monday after US President Donald Trump raised trade tensions by pushing ahead with tariffs on Chinese imports, leading Beijing to answer immediately.The MSCI index, which groups Asia-Pacific stocks with the exception of Japan, was down 0.43 percent at 7:42 GMT.Fears of a global trade war added to the pressure on oil prices, which continued Friday's losses as the dollar retreated from its nearly three-week high against the yen.]"This seems to be the main theme investors will focus on ... with any further escalation of tension increasing the risk of falling," said Nick Twidale, an analyst at Rakuten Securities.However, many market watchers believe there is still room for concessions, suspecting that Trump's announcement was a negotiating tactic for faster Beijing concessions.China and Hong Kong markets were closed for a holiday..In TOKYO, the Nikkei index retreated 0.75 percent to 22,680 points.{mod...


>>> Veja o artigo completo (Fonte)