Business
8@eight: ASX to open higher after vaccine hopes lift global markets – Sydney Morning Herald
What happened overnight and what is ahead for the Australian sharemarket.
3. US-China tensions met with a shrug: Once again, the rally in risk and growth-sensitive assets came despite further signs of deterioration in US-China relations. The situation worsened again overnight, after China pledged to retaliate against US President Trumps decision on Wednesday to remove Hong Kongs special trading status by slapping new sanctions on high-level US officials. Some nervousness about the impact of heightened geopolitical risks did manifest in Chinese and Hong Kong stocks tho…
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