Asian markets fall after week’s rally, pound holds up

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AFP, Hong Kong :
Asian markets fell on Friday, putting the region on course to end a broadly positive week on a sour note with China showing more signs of weakness, while traders took their profits off the table.
There was also some unease after the head of the European Central Bank raised concerns about the growth outlook for the eurozone owing to issues within and outside the bloc.
The pound showed some resilience, even as European leaders refused pleas for help from Prime Minister Theresa May to push their Brexit deal through a fractured British parliament.
Signs of easing tensions in the China-US trade row helped propel equities this week, with both sides seeming to give key concessions, fuelling hopes they can eventually resolve their differences.
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