Comment: Asian Markets Correct/EM Rout Continues; Developed Markets Feel The Heat
Big correction for Asian markets overnight; Hang Seng, Nikkei 225 all in correction mode. Japan’s Topix fell 4.8% and down by 12.5% year-to-date after registering stellar gains for 2013. Asian markets followed the declines on Wall Street Monday after the US ISM manufacturing report slapped investor confidence by dropping to 51.2 from 64.4, the biggest […]