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RE: LeoThread 2024-12-10 20:01

in LeoFinancelast month

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Futures showed significant upward movement following the announcement. Notably, tech giants in China, such as Alibaba and Tencent, experienced increases of over 7 to 8%, demonstrating the market's responsive nature to these policy changes. This optimistic sentiment was mirrored in commodity markets, where iron ore and other materials gained while the Chinese yuan saw a rally against the U.S. dollar.

The Broader Context: U.S.-China Trade Friction