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Shares regain some ground as trade war fears moderate [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 Shares regain some ground as trade war fears moderate | Reuters 5 Min Read TOKYO (Reuters) - Asian share regained some 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. The impact of Italy’s inconclusive election results was limited to a mild sell-off in Italian bonds and stocks, with the euro gaining support from the creation of a coalition government in Germany. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5 percent while Japan’s Nikkei jumped 2.0 percent, a day after it hit a five-month low. MSCI’s broadest gauge of the world’s stock markets snapped four-day losing streak on Monday by notching up 0.67 percent. It added 0.16 percent in Asia on Tuesday. Wall Street shares have now recouped all the losses incurred after Trump unveiled a plan to impose tariffs on steel and aluminum late on Thursday. Leading Repub [Read more]

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