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Most Asian stock indices are advancing, refusing to follow Wall Street’s cues after the S&P 500 and the Dow Jones index declined after returning from an extended weekend. Most Asian currencies however are weaker against the US Dollar, laying bare a truer reflection of investors’ underlying concerns over the coronavirus outbreak.Covid-19 is set to frame the market action and policymakers’ reactions around the world over the near-term. The global economic outlook remains mired in uncertainty at this point in time, with coronavirus-related warnings emanating out of corporate America, the... Read More
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