Those comments and worries sapped risk sentiment, sending stocks sliding and weighing on the US dollar and Treasury yields. The blue-chip index .CSI300 fell about 1%, while Hong Kong's Hang Seng Index .HSI was 1.5% lower. Prashant Newnaha, a senior Asia-Pacific rates strategist at TD Securities, said the consensus believed Trump would blink if stocks tanked. The dollar index =USD, which measures the US currency against six other units, was huddled near a four-month low. O/RBrent LCOc1 futures fell 0.65% to $68.83 a barrel, while US West Texas Intermediate crude futures CLc1 lost 0.82% to $65.49 a barrel.
Source: bd News24 March 11, 2025 10:33 UTC