Across the Pacific, US and European remained wobbling. European market was dragged down by Brexit worry and Italy’s likely confrontation with EU over its budget proposal. Whereas US 2 year bond yield flattening curve scared investors of likely rising loan cost.
On the other hand, Australian industrial sectors had fared better than mining, but latest data had yet to review the impact of US & China trade disputes, so the question is what investors can do to better position themselves should headwind is fast approaching.
Morgan’s Asian Desk Chief, Raymond Chan, would shed us some light on this issue.
