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Asian stocks are edging higher, with the MSCI Asia Pacific index set to register its first weekly gain this month. However, the selloff in US stocks is set to stretch on, with futures contracts for the S&P 500 and the Dow Jones indices falling into the red at the time of writing. Nasdaq 100 futures are fluctuating between gains and losses, suggesting that the index could yet deepen its ongoing technical correction. The sense of trepidation in the markets is also evident with the slight gains in safe haven assets, with Gold prices set to register a second consecutive week of gains.... Read More
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