Asian stocks fell amid trade deal concerns
Publish Date : 2019/11/13 - 06:05

Asian stocks and US futures fell on Wednesday. Concerns over the possibility of a US-China trade deal as well as the escalating turmoil in Hong Kong led to lower stocks and hurt demand for risky assets.

The MSCI index fell 1.01% to its lowest level in recent weeks.

Hong Kong shares plummeted 1.8% to a two-week low as concerns over anti-government protesters intensified.

President Donald Trump during his last day speech hinted that the deal was near, but did not elaborate on the exact timing of the deal, so investors were wandering around as well as the dollar.

President Trump even pointed out that tariffs would rise again if China did not sign the deal.

US Futures fell 0.27% in Asia.

Source: Reuters

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