Global shares retreated to one-month lows on Wednesday after U.S. manufacturing activity tumbled to more than a decade-low, sparking worries that the fallout from the U.S.-China trade war is starting to spread to the U.S. economy. A slowdown in U.S. economic growth would remove one of the few remaining bright spots in the global economy and come just as Europe is seen as close to falling into recession. In Asia, MSCI’s ex-Japan Asia-Pacific shares index dropped 0.32%, with Australian shares falling more than 1%. …read more
Source:: Yahoo Finance
