markets appear set to open with a firmer tone on Friday, shrugging off an overnight fall in U.S. stocks as the United States prepares to debate fresh economic stimulus to see the country through its coronavirus outbreak.
"The sustainability of this rebound will be determined to a large degree by whether another fiscal deal is reached," said ANZ bank analysts in a note. In the United States, that tension and difficulties reducing the spread of coronavirus weighed on markets. New data from the U.S. Labor Department found 1.3 million people filed for jobless benefits, largely unchanged from the prior week. U.S. retail sales jumped 7.5%.
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