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08-22-2019, 11:03 PM
GLOBAL MARKETS-Asian stocks struggle ahead of Powell's speech; yuan at fresh 11-1/2 yr low
Asian shares struggled to make headway on Friday as uncertainty over how much further the U.S. Federal Reserve would cut interest rates added to investors' worries over slowing global growth. With a trade war between the United States and China dragging on, and political tumult in Hong Kong, Italy and Britain adding to the tense backdrop, investors were keenly awaiting Fed Chair Jerome Powell's speech at a gathering of central bankers in Jackson Hole, Wyoming, later in the day (1400 GMT).
https://finance.yahoo.com/news/global-markets-asian-stocks-struggle-035608356.html?.tsrc=rss
Asian shares struggled to make headway on Friday as uncertainty over how much further the U.S. Federal Reserve would cut interest rates added to investors' worries over slowing global growth. With a trade war between the United States and China dragging on, and political tumult in Hong Kong, Italy and Britain adding to the tense backdrop, investors were keenly awaiting Fed Chair Jerome Powell's speech at a gathering of central bankers in Jackson Hole, Wyoming, later in the day (1400 GMT).
https://finance.yahoo.com/news/global-markets-asian-stocks-struggle-035608356.html?.tsrc=rss