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Asia Stocks Rise as Trump Discusses a China Deal: Markets Wrap
Australia’s dollar, often considered a proxy for bets on China, also advanced after Trump told Fox News that he envisions a trade deal, though cautioned he didn’t think Beijing was ready for one yet. China’s stocks rose, reversing earlier losses, though Hong Kong’s benchmark underperformed. Selling in U.S. stocks had intensified after Bloomberg reported the U.S. was preparing to announce by early December tariffs on all remaining Chinese imports if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war.
https://finance.yahoo.com/news/asia-stocks-set-drop-fresh-214559559.html?.tsrc=rss
Australia’s dollar, often considered a proxy for bets on China, also advanced after Trump told Fox News that he envisions a trade deal, though cautioned he didn’t think Beijing was ready for one yet. China’s stocks rose, reversing earlier losses, though Hong Kong’s benchmark underperformed. Selling in U.S. stocks had intensified after Bloomberg reported the U.S. was preparing to announce by early December tariffs on all remaining Chinese imports if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war.
https://finance.yahoo.com/news/asia-stocks-set-drop-fresh-214559559.html?.tsrc=rss
