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Asia markets extend rally as eyes turn to Fed meeting

WT24 Desk HONG KONG – Asian markets rose Monday as investors tracked a positive lead from Wall Street on optimism over the China-US trade talks, while attention turns to the Federal Reserve’s next policy meeting this week, AFP reports. The pound held gains as Prime Minister Theresa May tries to push her EUdivorce deal through parliament for a third time, ...

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Stock markets climb on trade talks optimism

WT24 Desk NEW YORK – Stock markets rose across the globe on Friday, lifted by the latest encouraging reports from the US-China trade talks while the pound ended a volatile Brexit-fueled week on a strong note, AFP reports. China’s official Xinhua news agency reported “substantial progress” hadoccurred in a call that Beijing’s trade enjoy Liu He held with US TradeRepresentative ...

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Asian markets rally as Trump signals trade talks optimism

WT24 Desk HONG KONG – Asian markets rose Friday as Donald Trump struck an upbeat note on trade talks with China, while the pound held steady after British MPs voted to delay Brexit, AFP reports. While there remain some concerns about the global outlook, investorconfidence has been supported by ongoing optimism that the world’s twobiggest economies will eventually hammer out ...

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Asian markets retreat from rally, pound stable after Brexit drop

WT24 Desk HONG KONG – Asian markets retreated Wednesday after two days of gains but the pound enjoyed some stability after the previous day’s sharp losses sparked by Theresa May’s Brexit deal being tossed out by MPs, AFP reports. Sterling saw wild fluctuations Tuesday as it hit a near two-year high onnews the prime minister had won a last-minute revision ...

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Stocks mixed on higher transactions

WT24 Desk Stocks on Tuesday witnessed flat with falling trend of most of the major price indices at Dhaka and Chittagong Stock Exchanges despite higher transactions, Agencies report. The daily trade value increased to Taka 521.99 crore from Monday’s Taka 506.84 crore and the volume rose to 11.31 crore shares from 11.30 crore shares of the week’s closing session. The ...

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How worried should we be about the stock market wobble?

The key concerns for the week ahead WT24 Desk How worried should we be about the stock market wobble? Major stock markets last week suffered their worst spell since the December carnage, as investors grew nervous about the health of the global economy. Was this just a slight wobble in the recovery or a sign of renewed trouble? The FTSE ...

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Asian markets dive as ECB fans global growth worries

WT24 Desk HONG KONG – Asian markets tanked and the euro struggled to recover Friday as the European Central Bank’s decision to slash its growth and inflation forecasts added to increasing pessimism about the global outlook, AFP reports. The announcement — and an extension of stimulus — is the latest warningof a lean road ahead after China unveiled a target ...

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Asian markets mixed as global growth concerns return

WT24 Desk HONG KONG – Asian markets stuttered Thursday with no fresh news on the China-US trade front and as investors turn their attention to further signs of weakness in the global economy., AFP reports. A worldwide growth forecast downgrade from the Organisation for Economic Cooperation and Development (OECD) and weaker-than-expected private US jobs data helped send Wall Street lower ...

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Asian markets mixed, traders await movement on China-US talks

WT24 Desk HONG KONG – Asian markets fluctuated Wednesday as investors await the latest news on the China-US trade talks, though Australian stocks rose and the local dollar fell as weak economic growth data fuelled speculation about a rate cut, AFP reports With expectations that Washington and Beijing will eventually strike atariffs deal already baked into equity prices, analysts say ...

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