Asian stocks fall on oil output cut uncertainty
President Donald Trump says he has sealed deal for Russia and Saudi Arabia to slash production, but US will retain levels
03 April 2020 - 08:25
Tokyo/New York — Oil prices retreated on Friday after huge gains, while stocks in Asia edged down, as doubts grew over an oil price deal between Saudi Arabia and Russia that US President Donald Trump said he had brokered.
With the coronavirus pandemic raising the risk of a prolonged global downturn, investors continued to seek the safety of the US dollar and government bonds, pushing US Treasuries yield near their lowest in three weeks...
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