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8@eight: ASX set to slide lower – Sydney Morning Herald
What happened overnight and what is ahead for the Australian sharemarket.
US-China tensions have apparently rattled the nerves of investors, with US President Donald Trump stating the US-China trade deal means “much less” because of the virus. And the impacts of the COVID-19 pandemic on the US economy have returned to the fore, as the crisis continues to escalate in the US.
3. Safety sought in Yen, Euro and gold: A slight risk-off skew could be seen in FX and commodity markets on Friday night. The Japanese Yen led the gains across the G10 currency space, and high-bet…
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