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GLOBAL MARKETS-Asian shares regain ground as Trump faces pushback on tariffs [Reuters]

BANK of NEW YORK MELLON (BK)  More Company Research Source: Reuters
Last bank of new york mellon earnings: 7/19 06:30 am Check Earnings Report
PDF Asian shares regain ground as Trump faces pushback on tariffs | Reuters 6 Min Read TOKYO (Reuters) - Asian shares regained ground on Tuesday after U.S. President Donald Trump faced growing pressure from political allies to pull back from proposed steel and aluminum tariffs, easing investor worries about an imminent trade war. Sentiment was also supported by receding risk aversion in Europe with the euro gaining support from the creation of a coalition government in Germany and the impact of Italy’s inconclusive election results limited to a mild sell-off in domestic bonds and stocks. European shares are expected to gain, with financial spreadbetters tipping Britain’s FTSE and France’s Cac to rise 0.5 percent and Germany’s Dax 0.8 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.5 percent, snapping five straight days of losses, while Japan’s Nikkei jumped 1.8 percent from a five-month low. Korean shares have erased all the losses they had taken after Trump’s a [Read more]

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