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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.

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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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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