6/14/2018, 6:29 AM (Source: TeleTrader)
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Asian markets in the red ahead of US decision on China tariffs

Markets across the Asia-Pacific region traded in the red on Thursday, as market watchers anticipate the United States President Donald Trump's decision on Chinese goods tariffs later today. Earlier, National Bureau of Statistics of China stated that the slowdown in May's retail sales growth was caused by delayed consumption, as well as seasonal factors.

Japanese Nikkei 225 traded 0.48% lower at 6:01 am CET, while the South Korean Kospi Composite tumbled 1.55% at the same time. China's Shanghai Composite was down 0.28% at 5:30 am CET while Shenzhen Composite lost 0.62% at 6:16 am CET. Hong Kong's Hang Seng dropped 0.62% at 6:05 am CET.

Australia's S&P/ASX 200 traded 0.16% in the red at 6:24 am CET. Meanwhile, the dollar was down 0.13% against the yen, to go for 110.202 at 6:25 am CET.

Breaking the News / BM