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Stock impact report

GLOBAL MARKETS-Asia stocks hit 6-mth lows, bonds boom amid market shakeout [Reuters]

NATL AUSTRALIA BK S/ADR (NABZY) 
NASDAQ:AMEX Investor Relations: nab.com.au/about-us/shareholder-centre
Company Research Source: Reuters
GLOBAL MARKETS-Asia stocks hit 6-mth lows, bonds boom amid market shakeout - Reuters 5 Min Read (Adds Chinese shares, updates prices throughout) * Asian stock markets : tmsnrt.rs/2zpUAr4 * MSCI ex-Japan skids for a seventh day in a row * Flight to safety boosts yen, bonds and gold * Currency wars feared as China’s yuan breaks past 7 per dlr * Markets wager on even sharper U.S. monetary easing By Swati Pandey and Wayne Cole SYDNEY, Aug 5 (Reuters) - Asian shares slid to 6-1/2-month lows on Monday and the yuan slumped to a more than decade trough as a rapid escalation in the Sino-U.S. trade war sent investors stampeding to traditional safe harbours including the yen, bonds and gold. Markets have been badly spooked since U.S. President Donald Trump abruptly declared he would slap 10% tariffs on $300 billion in Chinese imports, ending a month-long trade truce. China vowed on Friday to fight back. In response, China’s yuan burst beyond the psychological 7-per-dollar threshold in a move th Show less Read more
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