{"id":38972,"date":"2018-10-11T06:05:26","date_gmt":"2018-10-11T11:05:26","guid":{"rendered":"http:\/\/olduvai.ca\/?p=38972"},"modified":"2018-10-11T06:05:26","modified_gmt":"2018-10-11T11:05:26","slug":"its-just-beginning-us-futures-plunge-as-global-rout-hammers-asia-europe","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=38972","title":{"rendered":"&#8220;It&#8217;s Just Beginning&#8221;: US Futures Plunge As Global Rout Hammers Asia, Europe"},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-10-11\/its-just-beginning-us-futures-plunge-global-rout-hammers-asia-europe\"><span class=\"field field--name-title field--type-string field--label-hidden\">&#8220;It&#8217;s Just Beginning&#8221;: US Futures Plunge As Global Rout Hammers Asia, Europe<\/span><\/a><\/h3>\n<\/div>\n<div id=\"block-zerohedge-content\" class=\"block block-system block-system-main-block\">\n<article class=\"node node--type-article node--view-mode-full\" role=\"article\" data-gtm-vis-recent-on-screen-2077925_22=\"1391\" data-gtm-vis-first-on-screen-2077925_22=\"1391\" data-gtm-vis-total-visible-time-2077925_22=\"100\" data-gtm-vis-has-fired-2077925_22=\"1\">\n<footer class=\"node__meta\">\n<div class=\"submission-wrapper\"><\/div>\n<\/footer>\n<div class=\"node__content\">\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>It is a sea of blood red this October morning as the biggest market rout since February and the longest selloff of the Trump administration triggered a surge of global selling from the U.S. through Asia and spreading to Europe on Thursday, with markets from Tokyo to London slumping amid fresh fears the decade-old bull market may be coming to an end.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/markets%202018-10-11_5-57-19.jpg?itok=WDpdm4xi\" data-image-external-href=\"\" data-image-href=\"\/sites\/default\/files\/inline-images\/markets%202018-10-11_5-57-19.jpg?itok=WDpdm4xi\" data-link-option=\"0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/markets%202018-10-11_5-57-19.jpg\" srcset=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/styles\/inline_image_desktop\/public\/inline-images\/markets%202018-10-11_5-57-19.jpg?itok=WDpdm4xi 1x\" alt=\"\" width=\"500\" height=\"291\" data-entity-type=\"file\" data-entity-uuid=\"5353e668-19e6-411f-8740-504078a2f7d9\" data-responsive-image-style=\"inline_images\" \/><\/a><\/p>\n<p>\u201cEquity markets are locked in a sharp sell-off, with concern around how far yields will rise, warnings from the IMF about financial stability risks and continued trade tension all driving uncertainty,\u201d summed up analysts at ANZ.<\/p>\n<p>The sell-off that started in the U.S. ripped across Asian stock markets Thursday, with indexes in Japan, Hong Kong and China all tumbling.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/Asian%20markets.jpg?itok=P45dIwTL\" data-image-external-href=\"\" data-image-href=\"\/sites\/default\/files\/inline-images\/Asian%20markets.jpg?itok=P45dIwTL\" data-link-option=\"0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/Asian%20markets.jpg\" srcset=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/styles\/inline_image_desktop\/public\/inline-images\/Asian%20markets.jpg?itok=P45dIwTL 1x\" alt=\"\" width=\"500\" height=\"252\" data-entity-type=\"file\" data-entity-uuid=\"39256077-edf7-491a-b6ca-a0b9c283da59\" data-responsive-image-style=\"inline_images\" \/><\/a><\/p>\n<p>All but one stock listed on Japan\u2019s Nikkei 225 Stock Average retreated, while the country\u2019s Topix index posted its steepest decline since March losing around $207 billion in market value, falling 3.5%. China\u2019s Shanghai Composite sank 5.2%, its biggest drop since February 2016 to close at its lowest since November 2014, while the Hang Seng Index lost 3.5%. Taiwan\u2019s Taiex index led the rout with a 6.3% slump.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-10-10_19-15-56.jpg\" data-image-external-href=\"\" data-image-href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-10-10_19-15-56.jpg\" data-link-option=\"0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-10-10_19-15-56.jpg\" srcset=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/styles\/inline_image_desktop\/public\/inline-images\/2018-10-10_19-15-56.jpg?itok=oFA9fol9 1x\" alt=\"\" width=\"500\" height=\"262\" data-entity-type=\"file\" data-entity-uuid=\"2ac2bbb4-0fd8-4484-8c58-383f4c306f4d\" data-responsive-image-style=\"inline_images\" \/><\/a><\/p>\n<p>The MSCI Asia Pacific Index had its worst day since June 2016, when the U.K. voted to leave the EU, with the index plunging 3.5% and closing in on entering a bear market.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-10-10_18-56-59.jpg\" data-image-external-href=\"\" data-image-href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-10-10_18-56-59.jpg\" data-link-option=\"0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-10-10_18-56-59.jpg\" srcset=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/styles\/inline_image_desktop\/public\/inline-images\/2018-10-10_18-56-59.jpg?itok=TKUzikpx 1x\" alt=\"\" width=\"500\" height=\"254\" data-entity-type=\"file\" data-entity-uuid=\"ab71ba8e-ae85-4ee5-acaf-e6e347e6cead\" data-responsive-image-style=\"inline_images\" \/><\/a><\/p>\n<p>Turbulence spiked in Asian markets as the Nikkei Stock Average Volatility Index surged 44%. The MSCI Asia Pacific Index ex Japan closed down 3.6%, hitting its lowest level since March 2017. China\u2019s main indexes had slumped over 5 percent<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/asia%20vol.jpg?itok=DWI1Fztz\" data-image-external-href=\"\" data-image-href=\"\/sites\/default\/files\/inline-images\/asia%20vol.jpg?itok=DWI1Fztz\" data-link-option=\"0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/asia%20vol.jpg\" srcset=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/styles\/inline_image_desktop\/public\/inline-images\/asia%20vol.jpg?itok=DWI1Fztz 1x\" alt=\"\" width=\"500\" height=\"281\" data-entity-type=\"file\" data-entity-uuid=\"08e9db27-b289-4246-9a88-b722ad672171\" data-responsive-image-style=\"inline_images\" \/><\/a><\/p>\n<p>The Asian regional benchmark gauge has slumped 13 percent this year as uncertainties such as the U.S.-China trade war weigh on investor sentiment. The Shanghai Composite Index has lost 22 percent in 2018, while Japan\u2019s Topix is down 6.4 percent.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;It&#8217;s Just Beginning&#8221;: US Futures Plunge As Global Rout Hammers Asia, Europe It is a sea of blood red this October morning as the biggest market rout since February and the longest selloff of the Trump administration triggered a surge of global selling from the U.S. through Asia and spreading to Europe on Thursday, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[4148,2443,4318],"class_list":["post-38972","post","type-post","status-publish","format-standard","hentry","category-economics","tag-market-correction","tag-stock-markets","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38972"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38972\/revisions"}],"predecessor-version":[{"id":38973,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38972\/revisions\/38973"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}