Global Markets: Asian shares ease from record high
John E. Kaye
News & Features
- Published
- News
Asian shares retreated from a record peak after a Reuters report stated the United States was preparing to impose sanctions on some Chinese officials, while oil prices fell.
In currencies, investor focus is on a last-ditch attempt by Britain and the EU to strike a post-Brexit trade deal this week.
If there is no deal, a five-year Brexit divorce will end messily, just as global economies grapple with the severe economic cost of the COVID-19 pandemic.
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