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On Friday, stocks in Asia sank, with sentiment linked to American nonfarm payrolls later in the day as well as elections in France at the weekend.
The S&P/ASX 200 edged down 0.40% compensated by Macquarie Bank's 3.58% leap after the bank's full-year revenue beat hopes. As for Australia's resources stocks, they managed to extend losses. For instance, Miner Rio Tinto tumbled 1.56% and crude companies Santos and Woodside declined respectively 2.47% and 2.13%.
The Hang Seng Index inched down 0.26% in Hong Kong, while on the mainland, the Shanghai Composite dived 0.33%.
By the way, Japanese along with South Korean markets were unavailable due to the Children's Day holiday.
Overnight, American stocks stood still, after the House of Representatives dared to pass a bill to repeal and replace Obamacare. Meanwhile, energy stocks declined, following crude, hitting a five-month minimum.
Additionally, energy shares turned to be the key laggards of the days, after oil reached a five-month minimum on the back of worries of a glut in supply.
On Wednesday, American stock equities were braced for a lower start, with market participants weighing the influence of the Turkish currency downtime and the worsening tariff clashes between America and its key trading partners…
On Tuesday, European equities rebounded after two days of extensive selling because market participants’ worries over the Turkish currency downtime relieved a bit due to reassurances from the Turkish government and major bank…
On Tuesday, equities of the Asia-Pacific region showed quite different directions because worries as for Turkey slightly receded after the country's major financial institution took measures to boost liquidity in the foreign exchange market…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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