msn.com 18 Sep, 2020 03:15 am

GLOBAL MARKETS-Asia defies Wall St weakness but economy, election worries cap gains

GLOBAL-MARKETS/ (WRAPUP 2):GLOBAL MARKETS-Asia defies Wall St weakness but economy, election worries cap gains

rs/2zpUAr4 By Tom Westbrook and John McCrank SINGAPORE/NEW YORK, Sept 18 (Reuters) - Asian stocks inched up on Friday, despite Wall Street declines, but struggled to make deeper gains as worries about a faltering economic recovery kept investors to the sidelines or seeking safer harbour in assets such as the Japanese yen.(Reporting by Tom Westbrook in Singapore and John McCrank in New York; Editing by Sam Holmes)labour market stalling and Wall Street indexes fell for a second straight session amid disappointment that the Fed made no new monetary easing commitments at its meeting this week.Brent crude futures were last 0.

crude futures rose by the same margin to $41.The Japanese yen also rose overnight, shrugging off a dovish-sounding Bank of Japan to ride a softer greenback and a safety bid to a seven-week peak of 104.

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