Asian markets falter on bleak US data, weak dollar
Markets struggle for direction despite upbeat China and Japan manufacturing data
31 July 2020 - 07:50
Shanghai/New York — Asian shares wobbled in a choppy session on Friday as abysmal economic data from the US and rising global Covid-19 cases weighed on sentiment, despite strong US tech earnings and signs of manufacturing recovery in China and Japan.
The US dollar was also set for its worst month in a decade amid expectations the Fed will maintain its ultra-loose monetary policy for years...
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