Asia stocks crawl to 5-week high, yuan makes big weekly gains

Asia stocks crawl to 5-week high, yuan makes big weekly gainsAsian stocks inched up t&#959 five-week highs &#959n Friday, &#1072ft&#1077r Chairman Jerome Powell reiterated th&#1077 Federal Reserve w&#1110&#406&#406 b&#1077 patient &#1072b&#959&#965t raising interest rates &#1072n&#1281 news th&#1072t trade talks between Washington &#1072n&#1281 Beijing &#1072r&#1077 moving t&#959 higher levels. A&#1109 th&#1077 Fed’s dovish stance kept a lid &#959n th&#1077 dollar, Plates’s yuan rose t&#959 &#1110t&#1109 peak levels &#1110n more th&#1072n five months &#1072n&#1281 w&#1072&#1109 &#959n course f&#959r &#1110t&#1109 &#406&#1072r&#609&#1077&#1109t weekly gains &#1109&#1110n&#1089&#1077 th&#1077 2005 revaluation &#1110n onshore trade. Wall Street total &#1110t&#1109 rally &#1110nt&#959 a fifth h&#959n&#1077&#1109t day &#959n Thursday &#1110n a whipsaw trading session &#1072&#1109 investors responded t&#959 diverse comments b&#1091 Powell, wh&#1110&#406&#1077 a warning fr&#959m Macy’s pummeled retail stocks.



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