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European Stocks Steady Despite Italian Concern; Asia Hit By US-China Trade Spat
European stocks steadied Wednesday as investors scooped up cheap Italian assets following yesterday's sell-off even as uncertainty over the country's current political crisis keeps government bond yields elevated and the euro pinned near 10-month lows against the U.S. dollar. Asia stocks, however, nursed heavy losses throughout the session, with the MSCI ex-Japan benchmark shedding 1.35% into the close of trading while Japan's Nikkei 225 fell 1.52% to end the session at 22,018.52 points as investors reacted to news that the U.S. will publish a list of Chinese goods it will hit with tariffs next month as the brewing trade war between the world's two biggest economies threatens to escalate once again.
https://finance.yahoo.com/m/1505827...f0a39e0/european-stocks-steady.html?.tsrc=rss
European stocks steadied Wednesday as investors scooped up cheap Italian assets following yesterday's sell-off even as uncertainty over the country's current political crisis keeps government bond yields elevated and the euro pinned near 10-month lows against the U.S. dollar. Asia stocks, however, nursed heavy losses throughout the session, with the MSCI ex-Japan benchmark shedding 1.35% into the close of trading while Japan's Nikkei 225 fell 1.52% to end the session at 22,018.52 points as investors reacted to news that the U.S. will publish a list of Chinese goods it will hit with tariffs next month as the brewing trade war between the world's two biggest economies threatens to escalate once again.
https://finance.yahoo.com/m/1505827...f0a39e0/european-stocks-steady.html?.tsrc=rss
