Monday 5 August 2019

Asian Shares Extended Their Losses On Monday As A Sharp Escalation

Asian shares extended their losses on Monday as a sharp escalation in the Sino-US trade war kept finiancial markets on edge, while the Japanese yen and bonds held near recent peaks as nervous investors stuck with perceived safe havens.

Trends on SGX Nifty indicate a negative opening for the broader indices in India, a fall of 62.50 points or 0.57 percent. Nifty futures were trading around 10,952.50-level on the Singaporean Exchange.

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