Greenback at 2-year highs

On Wednesday Asia stocks fell while escalating pressures between the U.S. and China drove negatively investor's sentiment. Australian ASX 200 dropped more than 0.80% while nearly every sector went lower.

The Japanese Nikkei 225 moved 0.60% lower while the Topix index too fell nearly 0.5%.

South Korea’s Kospi opposed the prevailing trend and increased by more than 0.30%.

Mainland Chinese shares decreased by the afternoon, with the Shanghai composite moving down more than 0.80%. The Shenzhen component fell almost 1.0%. The Hang Seng index in Hong Kong, discarded its initial profits to decline by 0.40%.

On Wednesday stocks declined while bond yields decreased once more, raising fears regarding the economic sentiment. Rising trade pressures between the U.S and China also added more to the already negative financial environment. The Dow Jones Industrial Average fell more than 221 points to 25,126.40 while Nasdaq Composite decreased by 0.8% 7,547.30. The S&P 500 fell 0.7% to 2,783.01. The Dow quickly dropped more than 400 points as the 10-year Treasury note yield touched its low of the day.