Asian Market Updates

Asian Markets Mostly Higher

Asian stock markets are mostly higher on Friday with investor sentiment boosted by positive developments on the U.S.-China trade front and following the European Central Bank's announcement that it will resume its quantitative easing program.

U.S. President Donald Trump said he would consider an interim trade deal with China, though it would not be preferred. Meanwhile, the ECB lowered its main deposit rate by 10 basis points and announced plans to restart its quantitative easing program by purchasing assets at a pace of 20 billion euros per month beginning November 1.

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by RTTNews Staff Writer

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