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Asia slips after Wall Street loses steam, dollar clings to gains
July 20, 2016 by creative · Leave a Comment
Global risk appetite, which has recovered rapidly from the Brexit shock late in June, received a sobering reminder after the International Monetary Fund (IMF) cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from the European Union. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1 percent, putting some distance between …
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Asia slips after Wall Street loses steam, dollar clings to gains