Morning Bid: Europe, US reverse bank jitter sell-offs: will Asia follow?


Source: reuters.com reuters.com

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March 20 (Reuters) - A look at the day ahead in Asian markets from Stephen Culp. Global market skittishness over whether contagion is afoot within the banking sector appears to be waning. In fact, if European and U.S. markets on Monday are a prologue to Asian markets on Tuesday, investors can look forward to a rebound. On Monday, the Hang Seng (.HSI) tumbled 2.7% to a three-month low and the Nikkei 225 (.N225) dropped 1.4%, but the risk-off fog began to lift as the earth rotated around to Europe. European shares (.STOXX) reversed an early sell-off to close up 1%...