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Global Markets: Asia shares slump as trade truce doubts gather

Reuters  |  SHANGHAI 

By Andrew GalbraithSHANGHAI (Reuters) - Asian shares fell on Tuesday as relief over a pause in escalation of the trade war between the U.S. and China gave way to doubt over the two countries' ability to resolve differences.Adding to market worries, an inversion at the short end of the U.S. yield curve raised the spectre of a possible U.S. recession.The sell-off appeared likely to extend into European trading, with spreadbetters expecting London's FTSE 100 to fall 0.2 percent at the open, and both Frankfurt's DAX and Paris' CAC 40 to fall 0.4 percent.MSCI's broadest index of Asia-Pacific ...

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First Published: Tue, December 04 2018. 12:56 IST
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