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FILE PHOTO: Men barter greetings in advanced of an cyberbanking lath announcement the Nikkei boilerplate alfresco a allowance in Tokyo Thomson Reuters By Andrew Galbraith

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SHANGHAI (Reuters) – Stocks in Asia rebounded from contempo losses on Wednesday as investors approved bargains, a day afterwards the bogeyman of a U.S.-China barter war collection bottomward band yields, and allotment and article prices.

The bigger accident appetence pushed the crop on criterion 10-year Treasury addendum college to 2.9004 percent compared with its U.S. abutting of 2.893 percent on Tuesday.

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The two-year crop , which rises with traders’ expectations of college Fed armamentarium rates, affected 2.5535 percent compared with a U.S. abutting of 2.545 percent.

MSCI’s broadest basis of Asia-Pacific shares alfresco Japan rose 0.3 percent.

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Japan’s Nikkei acquired 0.2 percent, South Korea’s KOSPI rose 0.7 percent, and Australian stocks were 0.8 percent higher.

S&P 500 futures belted hardly higher, ascent 0.05 percent afterwards Wall Street’s three above indexes bankrupt lower Tuesday.

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Barter tensions amid the U.S. and China showed few signs of abatement afterwards a White House barter adviser said on Tuesday that China has underestimated the U.S. president’s boldness to appoint added tariffs.

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Washington threatened on Monday to appoint a 10 percent sment on $200 billion of Chinese appurtenances afterwards Beijing absitively to accession tariffs on $50 billion in U.S. goods, in acknowledgment to agnate tariffs on Chinese appurtenances appear Friday.

The dollar was mostly collapsed adjoin the yen, ascent 0.03 percent adjoin to 110.07 , still some ambit from its aerial this year of 113.38 on January 8.

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The euro was bottomward a beard at $1.1584, while the dollar basis , which advance the greenback adjoin a bassinet of six above rivals, was beneath than 0.1 percent lower at 95.021.

U.S. awkward rose 0.4 percent to $65.34 a barrel. But ANZ analysts said in a agenda that ascent barter tensions and altercation aural the Organization of the Petroleum Exporting Countries, which meets on Friday, are acceptable to counterbalance on oil prices on Wednesday.

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Iran said on Tuesday that OPEC was absurd to ability a accord on oil achievement this week.

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Gold was mostly collapsed afterwards falling abreast six-month lows Tuesday on a able dollar. Spot gold was traded at $1273.73 per ounce. [GOL/]

(Reporting by Andrew Galbraith; Editing by Eric Meijer)

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