Asian shares fell on Friday in a weak start to the month and off three-month hig...
SHANGHAI - Asian shares fell on Friday in a weak start to the month and off three-month highs struck this week on fresh concerns over Sino-U.S. trade prospects and ahead of U.S. economic data, while the dollar eased against major rivals.
The latest blow to hopes that the world’s two largest economies will reach a deal to end their bruising nearly 16-month trade war comes despite comments from Trump on Thursday that the countries would soon announce a new site for the signing of a “Phase One” trade deal after Chile canceled a planned summit set for mid-November.
Retreats in the S&P 500 and the U.S. 10-year Treasury yield indicated some technical resistance in the market, he said.
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