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        Trump impeachment investigation brings new risks


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Asian stock markets fell Wednesday after U.S. lawmakers called for an impeachment investigation of President Trump, raising the prospect of long-term political uncertainty in the United States.
Investor confidence has been hit by new concerns about trade negotiations between China and the United States, and this action by the House Democrats has worsened the situation.
MSCI Mingsheng Asia-Pacific (except Japan) index fell 0.82%, Nikkei index. N225 fell 0.63%, and Australian stock market fell 0.60%.
China's stock market fell and oil futures continued to fall after President Trump severely condemned China's trade practices at the United Nations General Assembly on Tuesday, damaging hopes of resolving the trade war between the two countries.
The dollar consolidation fell against most of the major currencies as the survey was expected to spark a fierce battle between Democrats and Trump's Republicans.
"The impeachment investigation has hit Asian stock markets," said Shi Jinchun, a strategist at Mitsubishi UFJ's Enterprise Department.
"China's stock market has been exposed to downside risks. Trump's comments may increase these risks. There are concerns about American consumer confidence. Concerns about China's economic slowdown have not stopped.
The U.S. stock index rose 0.06% in Asia on Wednesday, but such a moderate rise may not improve the sentiment of Asian stocks.
Trump's impeachment survey and U.S. economic data were disappointing. On Tuesday, the S& P 500 index. SPX fell 0.84%, its biggest one-day decline in a month.
The U.S. House of Representatives will launch a formal impeachment investigation in response to reports that President Trump is seeking foreign help to discredit his political opponents. This has plunged Congress into a fierce conflict with the White House, possibly affecting the presidential election in 2020.


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