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Message: <blockquote data-quote="ibnanv" data-source="post: 24061430" data-attributes="member: 218596">$5.6 Trillion Asia Stock Loss Has Traders on Edge of Their Seats                                                                                                         With about four days of Asia equity trading left for the year and  low volumes across the board, traders don’t seem to be taking any  chances.About  $5.6 trillion of equity value has been obliterated in the region this  year as the global carnage shows no let-up. And investors are bracing  for volatile days ahead.                                    Today is a classic example of that:<ul> <li data-xf-list-type="ul">The  MSCI Asia Pacific Index, which climbed as much as 0.6 percent earlier  Wednesday, swung between gains and losses and sat 0.2 percent higher as  of 2:10 p.m. in Hong Kong.</li> <li data-xf-list-type="ul">Japan’s Nikkei 225 Stock Average also  had a choppy day but ultimately closed up 0.9 percent after entering a  bear market on Christmas Day.</li> <li data-xf-list-type="ul">And U.S. stock-index futures swung between gains and losses, with the S&P 500 Index on the brink of entering a bear market. </li> <li data-xf-list-type="ul">Hong Kong and Australia remain closed for a holiday.</li> </ul><img src="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ikXMKqmd4Onw/v2/490x-1.png" alt="" class="fr-fic fr-dii fr-draggable " style="" />                  There’s a chance that 10-year U.S. bull market comes to an end when markets reopen Wednesday even after U.S. President Donald Trump gave his first expression of public support  for Treasury Secretary Steven Mnuchin and Fed Chairman Jerome Powell  since people familiar with the matter told Bloomberg News last week that  the president had discussed dismissing the Fed chief, who was  recommended by Mnuchin.“The  direly weak sentiment continues to be the engine behind the declines  for markets that have yet to find the panacea in the form of any  positive impetus,” said Jingyi Pan, market strategist for IG Asia Pte.  “The weight that is given to President Trump’s assurances is simply much  lighter than the threats he is throwing.”                                                     And news from elsewhere did little to excite investors:<ul> <li data-xf-list-type="ul">On Tuesday, China released new rules  promising to treat all firms equally from a regulatory standpoint,  whether they are foreign, private Chinese companies or state-owned  enterprises.</li> <li data-xf-list-type="ul">Chinese authorities also said they are studying plans to help banks replenish capital, as President Xi Jinping vows to step up support for the nation’s struggling private sector.</li> <li data-xf-list-type="ul">North and South Korean staged a symbolic ground-breaking ceremony  to upgrade severed rail links, although UN Security Council approval  would be needed to advance the project. Long-stalled plans to restore  rail links severed by the Korean War were revived in historic summits by  North Korea leader Kim Jong Un and South Korean President Moon Jae-in  earlier this year.</li> <li data-xf-list-type="ul">Islamic State claimed  a suicide attack on the Libyan Foreign Ministry’s headquarters in  Tripoli that officials said killed three people, in the latest blow to  efforts to stabilize the war-ravaged North African nation.</li> </ul>What’s  next? “As far as the futures are suggesting, the market is indecisive  right now,” Pan said. “One should not be surprised if most are still  waiting out the storm this week.”With less than a week left in  2018, here’s a look at how major stock markets have done this year  across the region, as of Dec. 25:CountryChange in market value ($ billions) Australia -257.61China-2,328.94Hong Kong-574.86India -351.21Japan-1,248.4South Korea-351.28Taiwan-173.39Stock-Market Summary<ul> <li data-xf-list-type="ul">Japan’s Topix index up 1.1%; Nikkei 225 up 0.9%</li> <li data-xf-list-type="ul">Shanghai Composite little changed</li> <li data-xf-list-type="ul">Taiwan’s Taiex index down 0.5%</li> <li data-xf-list-type="ul">South Korea’s Kospi index down 1.2%; Kospi 200 down 1.1%</li> <li data-xf-list-type="ul">India’s S&P BSE Sensex Index down 1%; NSE Nifty 50 down 0.9%</li> <li data-xf-list-type="ul">Singapore’s  Straits Times Index down 1.3%; Malaysia’s KLCI down 1.2%; Philippine  Stock Exchange down 0.9%; Jakarta Composite down 0.5%; Thailand’s SET  down 0.4%; Vietnam’s VN Index down 0.6%</li> </ul></blockquote>

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