The “Tech sell-off” in NASDAQ last Fri seemed to have spilled over into other markets and sectors, not helped by

GBL: Tech Sell-off Triggers Risk-Off?

Global Markets Daily by Saktiandi Supaat

FX Research

The “Tech sell-off” in NASDAQ last Fri seemed to have spilled over into other markets and sectors, not helped by the political uncertainty in the UK at this point. Notably, the retreat in the NASDAQ on Mon is much milder than what was seen last Friday but one can hardly ignore its ripple effects. European stock indices ended Monday in a sea of red after most Asian equities also underperformed on Mon. USDJPY is now weighed by jittery risk-sentiments with market players unsure...