Asianshares Subdued As Trade Enthusiasm Ebbs

Asianshares Subdued As Trade Enthusiasm Ebbs

Wednesday, July 03, 2019
Asian shares were subdued on Wednesday as initial enthusiasm over the latest U.S.-China trade truce was overtaken by fresh concerns over Washington’s threat of tariffs on additional European goods.

Global growth concerns also weighed on investor confidence, with South Korea the latest trade-reliant economy to cut its economic growth and export targets, a day after weaker factory readings worldwide.

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