Asian markets stumble as investors fret about growth and trade
Equities wobble and gold rises as weak global manufacturing activity reinforces the worry about a global slowdown
02 July 2019 - 08:06
Shanghai — Asian shares wobbled on Tuesday, US treasury yields fell and gold rose as weak global manufacturing activity reinforced the worry about slowing growth while uncertainty over the prospect of a China-US trade deal also hurt sentiment.
President Donald Trump said on Monday that any trade deal with China would need to be “somewhat tilted” in favour of the US. The US government also threatened tariffs on $4bn of additional EU goods in a long-running dispute over aircraft subsidies...
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