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Global Stocks Unstable Amid U.S.China Trade War Tensions

The US-China trade war has escalated in recent weeks, affecting the Stock prices.

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US-China Trade war is affecting Global Stock Market adversely. Last Friday, stocks had tumbled as China said to levy a 5 to 10% tariff on US goods. The recent update is that Asian Stock prices had a mixed outcome on Wednesday, August 28. 

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Hong Kong’s Hang Seng Index (HSI) swayed back and forth between small gains and losses. China’s Shanghai Composite Index (SHCOMP) fell by 0.3%. South Korea’s Kospi (KOSPI) and Japan’s Nikkei (N225) moved up 0.8% and 0.2%, respectively. Analysts say uncertainties are bound to remain on global markets as long as the US-Trade war continues.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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