- Asian stocks outside of Japan (which is closed for holiday) fell again today, marking the second heavy sell-off this week after the RBA cut rates and reports that Chinese brokerages are tightening margin requirements.
- Data on Tuesday showed that the U.S. trade deficit widened in March to its highest level in more than six years, sending Wall Street down to its biggest one-day percentage decline since March.
- Australia: S&P ASX 200 -2.3%. Asia: Shanghai -1.6%; Hang Seng -0.4%; BSE Sensex -2.4%.
- ETFs: FXI, EWA, ASHR, EWH, CAF, YINN, KWEB, PGJ, GXC, FXP, HAO, YANG, TAO, CHIX, PEK, CHIQ, CQQQ, MCHI, QQQC, XPP, AUSE, YAO, ASHS, YXI, CN, CHXF, FCA, CNXT, CHNA, CHII, CHIE, ECNS, KROO, EWHS, CHIM, KBA, KFYP, FCHI, EWAS, FHK, FAUS, QAUS, AFTY
- Previously: Bull run in China takes a big breather (May. 05 2015)