Asian stocks tumbled to a one-month low on Thursday
Asian stocks tumbled to a one-month low on Thursday as already-growing market fears about global growth were fanned by the United State announcement of new import tariffs on products from the European Union.
- MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dropped 0.60%.
- Japan’s Nikkei stock index closed down 2.00%, the biggest one-day decline since Aug. 26.
- Australian shares slumped 2.07% to a five-week low.
- The pan-region Euro Stoxx 50 futures were down 0.38%.
- FTSE futures were off 0.34%.
- U.S. stock futures were up 0.22%.
- The yield on 10-year Treasuries decreased four basis points to 1.59%.
- Britain’s 10-year yield climbed three basis points to 0.500%.
- Japan’s 10-year yield dipped two basis points to -0.164%.
- The euro advanced 0.2% to $1.0959.
- The Japanese yen gained 0.5% to 107.19 per dollar.
- Brent crude fell 0.21% to $57.60 per barrel.