Asian stocks slide amid geopolitical
tensions
- The possibility of an imminent U.S. military strike on Syria has global equities reeling on the heels of Wall Street's worst day since June.
Syrian tensions again weigh on markets
- The ever increasing likelihood of Western military action against Syria has again rattled global markets, although U.S. stock futures and other indices are in the green, while gold and oil have continued to climb.
- Japan -1.5% , Hong Kong -1.6%, China -0.1%, India -0.7%, Thailand -0.8%, Philippines -3%, although Indonesia is +0.8% after falling as low as 3.3%.
- Currencies: USD-INR (India) +2.7% to 68.106; USD-TRY (Turkey) +0.6% to 2.0484; USD-THB +0.3% (Thai) to 32.347; USD-JPY (Japan) +0.5% to 97.49.
- EU Stoxx 50 -0.3%, London -0.3%, Paris +0.1%, Frankfurt -0.4%, Milan +0.7%, Madrid -0.1%.
- U.S. stock futures: Dow +0.2%. S&P +0.3%. Nasdaq +0.2%
- Oil +0.8% to $109.88, gold +0.5% to $1,427.30
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