Asian Stocks Slide; U.S. Equity Futures Edge Up

Tuesday, 18 December 2018 15:45 WIB

MSCI Asia PacificSaham Asia Indeks MSCI Asia Pasifik


Asian stocks slid on Tuesday following a sell-off in their U.S. counterparts and as President Xi Jinping offered no fresh commitments to open or stimulate China's economy in a keynote speech, to the disappointment of some observers.

The MSCI Asia Pacific Index decreased 1 percent to the lowest in a week. South Korea’s Kospi index fell 0.4%.

U.S. equity futures showed signs of stabilizing on Tuesday, but it wasn’t enough to prevent declines across Europe and Asia as the rest of the world played catch-up to the rout in American stocks a day earlier. Treasuries, gold and the Japanese yen advanced amid the risk-off mood.

Futures for the S&P 500 Index showed a small rebound after the underlying gauge plunged to the lowest in 14 months on Monday. Oil extended recent declines and WTI hit $49 a barrel, heaping pressure on energy stocks.

Source: Bloomberg


  • Hong Kong stocks fell in the first few minutes of trade Monday following last week's healthy gains, while traders were also spooked by more protest violence in the city at the weekend. The Hang Seng ...
  • Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week...



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