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Take risk-off approach as worst is yet to come: analysts
Market volatility expected to persist in the lead-up to Sept 1 when the next round of US tariffs takes effect
Add BT as a preferred sourcePublished Tue, Aug 6, 2019 · 09:50 PM
Singapore
THE effects of Monday's yuan plunge bled into Tuesday, with investors fearing a trade war escalation after the US branded China a currency manipulator overnight.
Asian markets fell for a third straight session, although they recovered slightly halfway through the day, once China fixed its currency slightly stronger than the seven-yuan-per-dollar level it breached on Monday.
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