Red's the colour of the week as trade tariffs remain top risk
SECURITIES on Asian bourses ended Friday's session mixed as markets hit a 14-month trough as investors continued to hum the same tune all week.
Pan Jingyi, market strategist at IG, said: "The drivers for regional markets are little changed from Thursday, with investors awaiting further tariffs announcement from the Trump administration with bated breaths.
"Ultimately, any escalation in US and China trade tariffs looks to be the biggest risk at present. The perceived vulnerabilities will likely keep the downtrend going until we find a reversal in risk."
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