Dollar Edges Down, China Stocks Gain; Gold Slips: Markets Wrap

(Bloomberg) — Stocks in Asia began the week mixed as investors assessed soured U.S.-China ties, with Chinese stocks outperforming after the central bank injected cash. The dollar slipped.China’s central bank injected liquidity into the financial system to support banks. Hong Kong also rose. Equities in Japan and Australia were lower. South Korea is closed for a holiday. S&P 500 futures rose and crude oil climbed. Gold declined, building on last week’s slide. Treasuries were steady, with the 10-year yield at 0.70%.The U.S. and China postponed talks planned for over the weekend that had been aimed at reviewing progress at the …read more

Source:: Yahoo Finance

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