News Update :: By Spider Signals

Shares in Hong Kong and Shanghai rose after Chinese President Xi Jinping vowed “unwavering” support for the country’s private sector.

However, stocks fell in Japan, Australia and South Korea. Equities in the Asia-Pacific region are coming off the back of four straight weeks of losses.

– The offshore yuan traded close to the weakest level since the start of last year
– The U.S. dollar and Treasuries were little changed
– Earnings from Amazon, Alphabet, Microsoft and Intel are due this week

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