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Asian Shares Rise Despite Weak Chinese Data

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Asian stocks ended mostly higher on Monday, although overall gains remained limited after China reiterated its commitment to maintaining strict COVID-related curbs and data showed further deterioration in China's trade balance in October.

Underlying sentiment remained supported somewhat after several Fed officials signaled last week that they supported a smaller rate hike in December.

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