The yen strengthened on Monday, thanks to bigger appetites for safe-haven assets...
TOKYO - The yen strengthened on Monday, thanks to bigger appetites for safe-haven assets as Washington and Beijing put additional tariffs on each other’s exports, adding to the gloom hanging over the global economic outlook.
U.S. President Donald Trump said the two sides would still meet for talks later this month, but hopes for a resolution to the trade war have diminished. Risk sentiment could also take a hit due to ongoing protests in Hong Kong over China’s rule of the city.
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