Asian markets accelerate global rally as US default fears recede


HONG KONG (AFP): Asian markets built on a global rally Friday (Oct 8) after US lawmakers voted to avert a catastrophic debt default, while attention now turns to the release of key jobs data later in the day that could determine the Federal Reserve's plans for tapering monetary policy.

An advance in mainland Chinese stocks also provided some solace as the country reopened after a week-long break, with investors keenly following developments in the crisis at troubled developer Evergrande.

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Asian , equities , Oct 8 , opening

   

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