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Israel-Iran ceasefire holds, for now
The fragile ceasefire between Israel and Iran, announced by Trump on Monday, appears to be holding. A U.S. intelligence assessment found “core pieces” of Iran’s nuclear sites “still intact.”
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Chinese tech stocks advance
Asia-Pacific markets mostly rose Wednesday. China’s CSI 300 advanced 0.63% at 1:50 p.m. Singapore time. Tech stocks, such as NetEase and Tencent, were up on news that Beijing approved a large number of games in June.
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Don’t make trade political: Chinese premier
“Globalization will not be reversed,” Chinese Premier Li Qiang said on Wednesday through an official English translation at the World Economic Forum’s annual conference in China.
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Not ‘bullish enough’ on rally: HSBC
Max Kettner, chief multi-asset strategist at HSBC, said he worries he’s not “bullish enough” on the current rally in U.S. markets.
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