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On Tuesday, Asian equities managed to soar right after American senators struck a deal to have a three-day government shutdown resolved, thus sending Wall Street's key indexes to record maximums, while the evergreen buck slumped versus the Japanese yen after the BOJ kept policy intact.
On Monday, American lawmakers managed to approve a short-term measure to finance the federal government at least untill February 8.
MSCI's index of Asia-Pacific equities rallied 0.7% demonstrating a new record maximum.
Australian equities ascended 0.7%, South Korea's KOSPI gained 1%. As for Japan's Nikkei N225, it tacked on 1.1%.
The brief American government shutdown put only a slight dent to stocks, with Wall Street soaring to record maximums overnight following the deal to cope with the long-lasting impasse in the US capital.
Additionally, the evergreen buck dived 0.33% hitting 110.550 yen.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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