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Asian stocks fluctuate at closing and await new data

2019-07-16 07:17 am | Resource: News | No Views : 69

Asian stocks fluctuate at closing and await new data 

The stock trimmed some of the losses on the Asian bourses as the minutes of the latest RBA meeting on Tuesday showed a widely expected bias towards pushing borrowing costs further into the record low. US President Donald Trump said he and Chinese President Xi Jinping were "not quite close now" as they had previously been, hinting that the trade deal between the two countries might not come soon.

China stopped developing high-resolution indoor maps

Chinese authorities have prevented Inc and its partner Meituan Dianping from developing high-resolution indoor maps, hampering their plans to create a fleet of delivery robots, Caixin said.

The e-commerce giants are legally registered abroad, in New York and Hong Kong, respectively, which is why they prevent the use of map servers in China. According to informed sources, state regulators believe Chinese companies residing abroad can share this sensitive information with other foreign companies.

China has licensed more than a dozen companies to develop high-resolution maps, but only five have successfully launched digital mapping services.

After rising at all on Wall Street, the calendar is filled with speeches coming from central bankers along with US bank profits and statistical data.

Asian stocks close The dollar rose 0.1% to hit 108.0265 yen on Friday. The dollar was unchanged at 6.7842 yuan.

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We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

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