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Asian equities: coast is far from clear

Even though the beginning of a financial crisis is ruled out, analysts expect turbulence for some time.
Wednesday, August 26, 2015 - 05:50
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DBS Wealth pointed out that while major indices such as the S&P 500, Nikkei-225 and the Euro Stoxx 50 may stage a technical bounce, the selling isn't over. "Any bounce would be opportunities to take some money off the table."

PANIC selling on some Asian bourses appeared to have abated somewhat on Tuesday, but the coast is far from clear.

On Tuesday the Chinese central bank cut interest rates for the fifth time since November, sparking a bounce in European stock markets and an uplift in US stock index futures