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Cryptopolitan on MSNAsian stock rally fades fast along with US dollar after Trump’s trade dealsAsian markets broke down on Tuesday just as fast as they had rallied on Monday. Traders across the region walked away from early gains after fresh fears over president Donald Trump’s trade decisions began creeping in.
The Global X Southeast Asia ETF (ASEA) invests in large, liquid equities in Southeast Asia, with a 3.2% dividend yield and $60 million AUM.
Asian stocks joined the global rally and the U.S. dollar held on to most of its gains on Tuesday as investors heaved a sigh of relief after a temporary halt in the trade war between the U.S. and China eased worries of a global recession.
8hon MSN
Asian shares advanced Tuesday after China and the United States announced a 90-day truce in their trade war, but the gains were tempered by uncertainties over the longer term, as analysts warned President Donald Trump’s policies could still quickly change.
Elsewhere, markets in the region were mostly higher after reports that key U.S. trade officials are set to meet with their Chinese counterparts this week.
India's top paint maker, Asian Paints , has lost more market share than analysts expected to rival Grasim Industries in the year since billionaire Kumar Mangalam Birla's ambitious paints venture was launched,
Shares are mixed in Asia as investors pin their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains.
Shares of Asia drugmakers fell on Monday after President Trump said he would sign an executive order aimed at lowering the cost of prescription drugs.