asian stocks

Global stocks retreat on rising second wave fears

Global stocks retreat on rising second wave fears

  • S&P 500 mini futures fell 1.2% in early Asian trade while MSCI’s broadest index of Asia-Pacific shares outside Japan lost as much as 1%.
  • Japan's Nikkei lost 1.3% while in mainland China, bluechip CSI300 shares shed 0.1% in early trade.
Published 18 Jun, 2020 10:10am
Asia stocks set to fall on Fed's dour outlook
Markets

Asia stocks set to fall on Fed's dour outlook

  • Fed officials at their policy meeting on Wednesday said U.S. gross domestic product is expected to decline 6.5% this year. They also flagged the need to keep the key interest rate near zero through at least 2022.
Published 11 Jun, 2020 10:24am