Asian Stocks Retreat Amidst Renewed Fed Fears

Asian Stocks Retreat Amidst Renewed Fed Fears

RTTNews

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Asian stocks finished mostly lower, tracking Wall Street's losses on Thursday amidst fresh concerns over a hawkish interest rate decision by the Fed in its review next week. Retail Sales in the U.S. grew 0.3 percent in August versus a 0.4 percent decline in July and expectations of a flat reading. The losses are despite an unexpected jump in China's industrial output.

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