Asia Pacific stock markets have been through turbulence in the past two weeks. Looking ahead, analysts and strategists from the world's biggest financial institutions believe the bad days are not over.
A rapidly escalating trade war between China and the US against a backdrop of global growth slowing amid US monetary tightening and a strengthening dollar is expected to continue to exert pressure on the stock markets in the region.
Goldman Sachs on Thursday cut the 12-month target for MSCI Asia Pacific excluding Japan index to 625 from 640, ending its long-time bullish call on Asian stocks . . .
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