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Published 2 years ago

Asian Markets Mixed As Traders Weigh Li Remarks, Fed Minutes

Summary by IBTimes
Asian markets were mixed Thursday as minutes indicating a less hawkish Fed were offset by China's premier warning that the world's number two economy was in some ways worse off now than during the early days of the pandemic. The wind was immediately taken out of traders' sails as they digested Li Keqiang's warning, which comes as China sticks fast to a zero-Covid policy to eradicate the fast-spreading Omicron virus variant.

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