Tuesday, 19 May 2020

Asia stocks under pressure as vaccine rally falters

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By Chris Prentice WASHINGTON (Reuters) - Asia stocks are likely to come under pressure on Wednesday, tracking declines on Wall Street while gold prices were buoyed by safe-haven demand as economic indicators pointed to more signs of recession. Hong Kong futures fell 0.23% and Australian shares were set to open lower, tracking U.S. market losses and as diplomatic tensions between Canberra and Beijing rose.

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