Asian stocks struggled for traction on Thursday after cautious comments from U.S...
TOKYO - Asian stocks struggled for traction on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer deflated some optimism that China and the United States were closing in on a trade deal.
Lighthizer said on Wednesday it was too early to predict an outcome in talks between Washington and Beijing. “As for tensions between India and Pakistan, it is a concern. But it remains a regional topic for the moment and the overall market impact has been limited thus far.” In currency markets, the dollar index against a basket of six major currencies stood little changed at 96.097.
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