Asian markets are getting smoked as geopolitical risks flare again - Creak News

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Asian markets are getting smoked as geopolitical risks flare again

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traders worriedBobby Yip/Reuters

  • Risk sentiment in Asia has taken a turn for the worse following the arrest of a senior Chinese executive in Canada.
  • Stocks, currencies and crude prices are under pressure while safe havens are in demand.
  • US stock futures are down more than 1% having been halted earlier in the session due to disorderly price movements.

At the start of the week markets were rejoicing about the prospect of a lasting trade truce between the United States and China.

Fast-forward four days and that rejoice has turned to despair.

See the rest of the story at Business Insider

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