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Asia stocks firm as trade war fears ease, euro buoyant [Reuters (UK)]

SUMITOMO MITSUI FINANCIAL (SMFG)  More Company Research Source: Reuters
US:NYSE Investor Relations: smfg.co.jp/english/investor
PDF Asia stocks firm as trade war fears ease, euro buoyant | Reuters 3 Min Read TOKYO (Reuters) - Asian stocks were firm on Wednesday as investors lapped up the positive mood in markets after China’s President Xi Jinping helped ease fears over a U.S.-China trade row, while the euro hovered near two-week highs. In overnight trade, Wall Street rallied strongly, taking the baton from a solid Asian session that was driven by Xi’s speech seen as striking a more conciliatory stance following a week of tit-for-tat tariff threats between Beijing and Washington. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.1 percent. Australian stocks added 0.1 percent and Japan's Nikkei .N225 edged up 0.15 percent. The Dow .DJI advanced 1.8 percent, the S&P 500 rose 1.7 percent and Nasdaq .IXIC added 2.1 percent overnight after Xi on Tuesday pledged to further open up the economy and promised to cut import tariffs on products including cars. “The United States and China are [Read more]

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