Asian markets are broadly lower on concerns of full-blown trade war between US and China. At the time of writing:
- Nikkei down -0.7%
- HK HSI down -1.3%
- China SSE down -0.5%
- AU all ordinaries down -0.57%
- KOSPI down -0.51%
Another globalist Rex Tillerson is now gone, just short after Gary Cohn. There are reports that Trump is considering a USD 60b taiff package for China.
Dollar is trading under broad based selling today.
