Moving Markets

Global stock markets plunge deeper as trade war escalates


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As the emerging trade war takes its toll, causing global stock markets to sell off from Japan to Mexico, investor sentiment continues to deteriorate rapidly. After US stocks fell steeply on Friday, Asian equities have plummeted today, with tech and banking stocks leading the decline in response to the retaliatory tariffs announced by China. Mensur Pocinci, Head of Technical Analysis, shares his outlook for markets from a technical perspective and Richard Tang, Head of Research Hong Kong, shares his reaction to the escalating tariff war with a focus on China.

00:00 Introduction by Helen Freer (Investment Writing)

00:44 Markets wrap-up by Jonti Warris (Investment Writing)

06:17 Technical Analysis update: Mensur Pocinci (Head of Technical Analysis)

09:04 Reaction to tariff announcements in Asia: Richard Tang (Head of Research Hong Kong)

19:04 Closing remarks by Helen Freer (Investment Writing)

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Moving MarketsBy Julius Baer

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