The move followed accusations by U. President Donald Trump that Beijing had reneged on earlier commitments. Trump on Monday warned China not to retaliate against an increase in tariffs he imposed last week.
The price action appears to be a reflection of the mixed trade in Asia. The trade in Japan is also light. Prices could be underpinned throughout the session by a surge in oil prices which could boost energy sector stocks.
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Makeblock benefits as China looks to increase its technological might. Philippine leader vents frustration over 'flashpoint' during speech in Tokyo. Chen says trade war harms both sides but for Beijing it is 'manageable'.
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Bloomberg -- U. President Donald Trump said in a tweet "Powell let us down" with the size of the rate cut. The year yield fell to below 2.
In the decade since the last recession, airlines, auto and other industries have enjoyed a near uninterrupted streak of profits. Americans barely had time to process the scale of the tragedy on the nation's southwestern border when violence struck another community, more than a thousand miles away from Snap's Jeremi Gorman is simplifying, giving the sales team an "Amazon-esque" structure and building out her team to ramp up the company's ads organization. With new risks from trade wars, stocks head into the final weeks of summer vulnerable to a pull back or even a correction.
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