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Most Asian markets bounce back from losses
Shares gain on easing concerns over the state of the global economy and possible US recession
Add BT as a preferred sourcePublished Tue, Mar 26, 2019 · 09:50 PM
MARKETS in Asia breathed a sigh of relief on Tuesday, recovering from Monday's sharp decline on easing concerns over the state of the global economy and a possible US recession.
IG market strategist Pan Jingyi said that the recovery suggested that markets were oversold on fears.
That said, FXTM Research Analyst Lukman Otunuga noted that geopolitical risk factors weighing on investor sentiment were still ever present.
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