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Stocks in Asia followed their U.S. counterparts lower after hawkish comments from Federal Reserve Chair Jerome Powell and weaker than expected economic data from China and Japan.
Stocks Sell-Off on Powell, Poor Data; Yen Climbs: Markets Wrap
published Feb 27, 2018, 8:04:02 PM, by Adam Haigh (Bloomberg) — Stocks in Asia followed their U.S. counterparts lower after hawkish comments from Federal Reserve Chair Jerome Powell and weaker than expected economic data from China and Japan. The yen strengthened after the Bank of Japan reduced longer dated bond