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Markets are taking stock of their exposure to risk while mulling the protracted and arduous recovery that awaits the global economy. Asian stocks and US equity futures erased earlier losses and are set to enter the last trading day of the week on a slightly positive note, although most Asian currencies are currently weaker against the US Dollar and the Japanese Yen.China, the first major economy to emerge from the Covid-19 induced lockdown, posted a better-than-expected 3.9 percent expansion in April’s industrial production data. But its retail sales disappointed market estimates, while... Read More
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