Stock Market News

Asian shares ease as Trump rekindles Sino-US trade tensions.

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.05 percent in early deals, with Australian shares dipping 0.16 percent and Japan’s Nikkei stock index trimming 0.11 percent.

Asian shares pulled back on Friday as worries over renewed Sino-US trade tensions weighed on sentiment ahead of the release of June trade data from China, though expectations of a FederalReserve rate cut later this month kept losses in check.

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