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Asian markets are conquering the Wall Street Rally



Tokyo Nikkei ( N225 ) led the indictment and rose by 1.9% in the morning trade. Hong Kong Hang Seng ( HSI ) and the Shanghai Composite ( SHCOMP ) increased by approximately 0.5% to. 19659005] Federal Reserve Chairman Jerome Powell said the central bank is following closely the developments on the trade front.

"As always, we will act appropriately to sustain the expansion," he said Tuesday at a monetary policy conference in Chicago.

The Dow ( INDU ) The Nasdaq ( IXIC ) and the S & P 500 ( SPX ) recorded their best days since January 4, according to Powell's comments.
Worries about multi-front wars of commerce and worries about a slowing Chinese economy have shaken investors lately.

President Xi Jinping attempted to address macroeconomic concerns during a state visit to Russia on Tuesday and told reporters that China's economy is stable, healthy and can support sustainable development, according to state news agency Xinhua.

However, uncertainty remains about how the United States will resolve escalating trade wars with China and Mexico, two of the country's largest trading partners.

Punitive measures from the US and China have put the markets on a roller coaster for months.


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