Asian markets mixed as trade row rumbles, political crisis brews - News Summed Up

Asian markets mixed as trade row rumbles, political crisis brews


HONG KONG — Asian markets were mixed Tuesday following the latest tit-for-tat tariffs in the China-US trade row, while investors are now looking ahead to the Federal Reserve's next policy meeting. His removal could deal a major blow to the investigation and possibly a constitutional crisis in Washington, leading to further political instability. In Asia Shanghai returned from a public holiday to fall 0.3 percent in the morning, Sydney shed 0.3 percent and Wellington lost 0.2 percent. But Tokyo, also back after a public holiday, ended the morning 0.2 percent higher, Singapore added 0.4 percent and Taipei gained 0.2 percent. "I don't see them stopping unless we see a pickup in trade rhetoric which actually does impact the overall economy."


Source: Philippine Star September 25, 2018 02:48 UTC



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