Asian Stock Under Recession Concerns
Publish Date : 2019/08/15 - 07:02

Asian stocks feel a pull towards stagnation concerns.

At the time of writing, Japan's Nikkei Index fell 1.3% or 266 points. Shares in Australia and New Zealand fell 2.14% and 1.22%, respectively.

Meanwhile, Hong Kong's Hang Seng recently fell 0.67% or 170 units and the Shanghai Composite Index fell 1%.

US stocks fell on Wednesday. The Dow Jones industrial average fell by 800 units amid concerns of recession.

The US Treasury yield curve was reversed. The 10-year Treasury yield fell below the two-year yield for the first time since 2007.

Source:Fxstreet

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