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US stock futures have hit the limit-down level just minutes into the start of the Asian trading week, while most major Asian indexes began the week in the red. This comes as the number of confirmed Covid-19 cases globally breached the 300,000 mark over the weekend, while the US government’s plans for a US$2 trillion fiscal support package was met with political resistance, dealing a blow to investors who are hoping for some much-needed relief for the world’s largest economy.The political wrangling in Congress could last anywhere between 12 hours to a few days before policymakers may... Read More
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