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The Independent UK
The Independent UK
National
Zimo Zhong

Stock market today: Asian stocks log modest gains as economic data are mixed for Japan and China

Asia Japan China Inflation Nasdaq US Federal Reserve
Copyright 2024 The Associated Press. All rights reserved

Asian stocks were mostly higher on Monday after Japan and China reported data reflecting relatively sluggish growth for Asia’s two largest economies.

The euro rose after the far-right National Rally gained a strong lead in first-round legislative elections, while the Japanese yen fell, trading at about 161 yen to the dollar. U.S. futures and oil prices rose.

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