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But if you pay close attention, you Trump may announce sanctions or trade restrictions against more Chinese companies, government entities or officials, citing human rights violations or threats to U. Raymond James Financial Inc. The order prohibits investment firms and pension funds from buying and selling shares of 20 Chinese companies deated by the Pentagon as having military ties in June, as well as an additional 11 companies added in August, Axios reported. It said administration officials are discussing an expansion of that list. Updates with attempt to obtain comments in fourth paragraph.

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But if you pay close attention, you Trump may announce sanctions or trade restrictions against more Chinese companies, government entities or officials, citing human rights violations or threats to U. Raymond James Financial Inc. The order prohibits investment firms and pension funds from buying and selling shares of 20 Chinese companies deated by the Pentagon as having military ties in June, as well as an additional 11 companies added in August, Axios Indepemdence.

It said administration officials are discussing an expansion of that list.

Updates with attempt to obtain comments in fourth paragraph. For more articles like this, please visit us at bloomberg. The dollar dipped.

Shares opened higher in Japan and South Korea. Australian shares advanced before trading was paused due to a market data issue.

Meanwhile, advisers to President-elect Joe Biden said they opposed a nationwide U. Oil advanced and Treasuries were steady. The tech-heavy Nasdaq underperformed amid the rotation to economically sensitive industries.

The pound fluctuated as barriers remain to reaching a trade deal in Brexit talks. Global stocks have recovered to pre-pandemic highs after optimism about a vaccine last week drove a rotation into value and cyclical sectors, and more defensive industries underperformed.

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Still, concerns about a sustainable economic recovery persist amid a flare-up in cases around the world. Meanwhile, U.

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President Donald Trump plans several new hard-line moves against China in the remaining weeks of his term, according to Axios. Trump showed few s of conceding the presidential election masssges Joe Biden, while also hardly acting as if he was preparing for a second term. Here are some events to watch out for this week:China October industrial production, retail sales due Monday.

Brexit talks look set to continue as the U.

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Bloomberg New Economy Forum virtually convenes global leaders to discuss trade, growing political populism, climate change, and the pandemic. Through Nov.

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Bank Indonesia rate decision Thursday. Kospi index gained 1. Hang Seng Index future gained 0.

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CurrenciesThe yen was little changed at The offshore yuan rose 0. The Bloomberg Dollar Spot Index fell 0.

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The euro advanced 0. The pound climbed 0. BondsThe yield on year Treasuries held at 0. CommoditiesWest Texas Intermediate crude rose 0.

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