The Chinese and European Challenges Facing Investors
Asian stocks reversed gains amid the highest volatility in two months as investors assessed the outlook for U.S. monetary policy and crude oil retreated. Asian shares had edged higher earlier amid signs China’s economy is rebounding and following dovish comments from Federal Reserve board member Lael Brainard. Hong Kong’s Hang Seng Index fell 0.3 percent, reversing earlier advances, amid speculation that better-than-expected Chinese economic data will deter policy makers from easing monetary policy. Reports on Tuesday showed China’s industrial production, investment and retail sales all exceeded economist estimates in August. JPMorgan Global Market Strategist Nandini Ramakrishnan gives an overview to Bloomberg's Mark Barton on "The Pulse."