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1.Market Observations

6 Aug 2019 (AFR) – Trade war wipes $38b off ASX, hits tech

(6 August, 2019, AFR, p27,William McInnes, Reporter)

Markets roundup Monday (Bloomberg, Capital Economics, AFR)

Markets roundup Monday (Bloomberg, Capital Economics, AFR)

‘Tech stocks led a sharemarket plummet on Monday, as the Chinese yuan dropped below a key level, sparking panic across Asian markets and pushing local shares to their worst session since December. Selling in growth stocks was heavy as investors looked to exit riskier stocks. Tech darlings, in particular, were hit hard as investors took profits following firm gains in the sector since January.’

Read more at (might need AFR log in access, or try:

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