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Asian stocks poised for cautious trade on the back of weak sentiment

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The Bank of International Settlements said on Sunday that recent market tensions are a sign of more turmoil to come, warning that a normalization of monetary policy is likely to trigger a flurry of sharp sell-offs in the near future.

 

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Asian stocks set to trade cautiously amid US-China trade jittersU.S. Commerce Secretary Wilbur Ross told CNBC on Thursday that the U.S. is 'miles and miles' from a trade deal with China, adding the two countries have 'lots and lots of issues.'
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