Risk sentiment edges higher, as US reportedly mulls rolling back some tariffs on China

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Risk-on sentiment is coursing through Asian markets, amid news reports that the US is considering lifting some of the tariffs currently imposed on $112 billion worth of Chinese goods. Asian stocks are mostly higher, while the Japanese Yen weakened by some 0.1 percent towards the 109 psychological level versus the US Dollar and Gold eased around 0.2 percent to trade closer towards the $1506 mark. The Chinese Yuan is edging higher against the US Dollar, while most Asian currencies are paring Monday’s gains.

Global equities have enjoyed a double-boost of late, with the ongoing US earnings… Read More:

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