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In the United States on Tuesday, the Dow Jones Industrial Average Index closed at 26,246.96 points, while the S & P 500 rose 0.5% to 2,904.31 and the Nasdaq Composite 0 8% to 7,956.11.
The positive steps taken on Wall Street have occurred despite a further escalation of the trade war between Washington and Beijing, with China announcing that it applied tariffs of about 60 billion US dollars on some products. , however, have been revised to 10%.
Beijing's retaliation came after the Trump administration announced it would impose 10% tariffs on about $ 200 billion of Chinese imports as of September 24th. These rates will increase to 25% on January 1, 2019.
In the currency news, the US dollar index, which follows the greenback against a basket of currencies, was at its highest level at 94.640 at 06:53 HK / SIN.
The Japanese yen remained broadly stable against the dollar at 112.35, while the Australian dollar continued to strengthen at $ 0.7226 from 7 am HK / SIN.
"The Australian dollar is the best-performing currency of the G10 in the last 24 hours," said David de Garis, director and chief economist of the National Australia Bank, in a morning note. He added that while the Australian dollar "plays on the risky mood in the markets, it's a bit surprising that markets have taken the news seriously."
Overnight in the oil markets, prices rose by more than 1%. Brent crude futures contracts rose 1.3% to $ 79.03 per barrel, while US crude futures advanced 1.4% for the first quarter. Set at $ 69.85 a barrel.
– Fred Imbert and Reuters from CNBC contributed to this report.
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