Overnight in U.S. markets, stocks were hit by a new wave of uncertainty on the U.S.-China trade front following a series of conflicting reports.
Shares in Asia were set to decline on Monday morning following a series of conflicting reports on U.S.-China trade that surfaced overnight.
Stocks stateside began to roll over after Bloomberg News reported, citing people familiar with the matter, that U.S. officials are worried China may be pushing back against U.S. demands in the countries' ongoing trade talks. The report also said Chinese negotiators are worried they have not received assurances that tariffs imposed on Chinese goods would be lifted once a deal is struck.
Meanwhile, the U.S. Federal Reserve is set to announce its decision on interest rates later on Wednesday following its two-day monetary policy meeting,
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