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Traders cancel happy hour, brace for Powell in late-night watch

From canceling Friday night trips to the pub to pushing back soccer practice, global investors are pulling out all the stops to ensure they're ready for the most important gathering of central banker.

Roundup: Tokyo stocks close higher on easing concerns over Fed s rate hikes-Xinhua

US shares flat on strong job growth, euro closes in on dollar parity

NEW YORK: Global stock markets finished mostly higher Friday, though Wall Street was flat following a surprisingly strong jobs report, while the euro was near parity with the dollar as traders bet.

Equities in Asia post gains as recession fears ease

Asian markets rose on Friday on easing recession fears, with optimism boosted by hopes that US President Joe Biden will remove some Trump-era tariffs from Chinese goods. Equities were also boosted by reports that Beijing was considering a huge stimulus push to the struggling economy by allowing local governments to raise billions of dollars through bond issuance for infrastructure projects. However, surging inflation, rising interest rates and a fresh flareup of COVID-19 infections in Shanghai continued to keep investor sentiment grounded. Traders were handed a strong lead from Wall Street, where all three main indices climbed for a fourth straight day, helped by

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