mo4ch:>Asia plunges, US futures collapse as panicked investors seek safe haven from perfect storm ravaging markets | Mo4ch News

9 Mar, 2020 01:48 Asian markets are trading deep in the red, while gold reached a fresh 7-year peak, as S&P, Dow and Nasdaq futures entered a free fall amid a dramatic oil market crash and concerns over the coronavirus-hit global economy slowdown.Japan's Nikkei 225 and Topix were down nearly 5 percent in morning trade, while a relatively 'safe-haven' currency Japanese yen soared more than 3 per cent against the US dollar. South Korea's Kopsi dropped nearly 3 percent, while Hong Kong's Hang Seng was down 3.6. Meanwhile in mainland China both Shanghai and Shenzhen composite fell more than 1.5 percent.Also on rt.comBrent, WTI futures CRASH 20% over Saudi Arabia-Russia oil price war fears & coronavirus concernsMeanwhile futures for all three major US stock market indices S&P, Dow and Nasdaq are trading nearly 5 per cent down, with S&P 500 E-mini even hitting a limit overnight, and threatening a chaotic Monday in the US.DETAILS TO FOLLOW
Source : RT Busi…