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Monday, January 6, 2020

Monday mayhem: Markets take a nosedive as US-Iran tensions flare-up

Monday mayhem: Markets take a nosedive as US-Iran tensions flare-up
Escalating tensions in the West Asia — with the US also threatening very big sanctions against Iraq if it called for a vote in Parliament to expel US troops based in the country — left investors jittery across most markets. Markets across Asia — Shanghai, Hong Kong, Tokyo and Seoul — lost value of anywhere between 0.8% and 1.3% while European markets saw weak openings.

Source: TFE