Asian Stocks Set to Slide as Slowdown Fears Grow: Markets Wrap

Asian stocks looked set for declines after U.S. equities fell and Treasuries rose following disappointing American data that increased concerns about a global slowdown. Futures pointed lower in Japan, Australia and Hong Kong, with markets in China and South Korea closed. Earlier, the S&P 500 suffered its first back-to-back drops of more than 1% this year as private payrolls fell short of estimates a day after a manufacturing gauge slumped to the lowest in a decade. The hiring numbers pushed the 10-year Treasury yield lower for a fifth straight day to 1.6%. The yen rose versus the dollar and gold climbed above $1,500. FEAR CONTINUES



  1. As global debt have increased the bubble have started.
  2. As traders we should be fearful and cautious now
  3. We have asked all our FINWAZE Traders to be cautious and be conservative trading the market now
  4. Buy only if you see THE VALUE OF THE COMPANY IS CHEAP based on “Value Investing” Concept

Article by: Strategic Coach & Mentor – Stock Market Philippines



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