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Asian stocks are mixed with slumping Tokyo and Shanghai
On Friday, Asian markets offered quite mixed performance, pointing mostly higher, although Shanghai and Tokyo went down because commodity-dependent stocks declined on a stronger greenback that makes imports priced in the US currency less affordable.
Japan's Nikkei 225 sagged 0.19%.
South Korea's Kospi managed to earn 0.77%. Australia’s S&P/ASX 200 lost 0.70%. As for the Hang Seng Index in Hong Kong, it was intact, while the Shanghai Composite headed south 0.2%.
Overnight, American shares demonstrated records peaks because market participants appreciated the publication of better than expected initial jobless claims reports, while the Fed minutes kept driving market sentiment amid a dent in hopes that the major US bank would lift rates for a total of three times this year.
The American economy kept showing signs of a rebound in the second quarter, right after initial jobless claims inched up less than expected.
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