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10 things you need to know in markets today





China Chinese Trader Shanghai Stocks

Good Morning! Here’s what you need to know on Monday.

1. Asian stocks tumbled on Monday as China’s markets reopened after a week-long holiday. The People’s Bank of China said it would ease policy on Sunday, cutting the required reserve ratio for for most Chinese banks by 1%. But the move did little to diminish concerns about trade tensions and the broader Chinese economy, reflected in the large-scale declines seen so far during the session.

2. Britain’s Lloyds Banking Group is to merge its 13 billion pounds ($17.06 billion) wealth management arm into a read more >>>

Source:: BusinessInsider.Com

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