#USNoKingsProtests

📣 Foreign investors have sold approximately $52 billion worth of Asian stocks (excluding China) since the start of the trade war with Iran.

📊 This represents the largest outflow of funds in the history of Asian markets, surpassing even the periods of:⤵️

▪️The COVID-19 pandemic

▪️The war in Ukraine

📉 The massive sell-off is linked to concerns about:⤵️

▪️A shock to oil prices

▪️An economic slowdown

▪️Rising costs for energy-importing countries

⚠️ The market is experiencing a very strong risk-off sentiment and a shift towards safe-haven assets.