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Asia AXJO Business rates U.S. 

Asia shares hit 2008 highs, dollar in decline on Fed inflation view

July 27, 2017 By Wayne Cole SYDNEY (Reuters) – Stocks, bonds and commodities were all on a roll in Asia on Thursday as bulls scented a softening in the Federal Reserve’s confidence on inflation that promised to keep U.S. interest rates low for longer. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.5 percent to heights not seen since January 2008. It has gained nearly 5 percent so far this month. South Korea added 0.6 percent and Australia 0.2 percent, while Japan’s Nikkei was kept flat by a firmer…

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Asia AXJO Business North Korea U.S. 

Asia shares drop on Fed minutes, oil edges up after big drop

July 6, 2017 By Nichola Saminather SINGAPORE (Reuters) – Most Asian stock markets fell on Thursday after minutes from the Federal Reserve’s last meeting showed a lack of consensus on the future pace of U.S. interest rate increases, while oil prices inched higher following a steep decline a day earlier. European markets were set for a steady open, with financial spreadbetters expecting Britain’s FTSE 100 to be unchanged, Germany’s DAX to open up 0.2 percent and France’s CAC 40 to start the day 0.1 percent higher. MSCI’s broadest index of…

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AXJO Business increase month STOXX 

Dollar sulks as global central banks turn hawkish, stocks drop

June 30, 2017 By Nichola Saminather SINGAPORE (Reuters) – The dollar extended its losses on Friday as major central banks signalled that the era of cheap money was coming to an end in a boon to sterling, the euro and Canadian dollar, while Asian shares were hit by dismal performances of European and U.S. markets. “International markets continued to adjust for a 2018 outlook where other central banks join the Fed in gradually reducing monetary stimulus,” Ric Spooner, chief market analyst at CMC Markets in Sydney, wrote in a note….

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AXJO Business JPY rates Tokyo 

Japanese stocks approach two-year high, euro sags after Draghi’s comments

June 27, 2017 By Shinichi Saoshiro TOKYO (Reuters) – Japanese stocks closed in on two-year highs early on Tuesday thanks to a weaker yen while the euro sagged against its peers after European Central Bank President Mario Draghi talked up benefits of the ECB’s easy monetary policy. Japan’s benchmark Nikkei advanced 0.4 percent to 20,235.79. A rise above 20,318.11, a peak scaled a week ago, would take the Nikkei to its highest since August 2015. A weaker yen, a boon to export-reliant Japan, usually underpins the Tokyo market as the…

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Asia drops as White House turmoil hits risk sentiment, dollar bruised

May 18, 2017 By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks fell on Thursday in line with global peers, and the dollar nursed deep losses against the yen as uncertainty mounted over U.S. President Donald Trump’s future following reports that he tried to interfere with a federal investigation. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent. Japan’s Nikkei shed 1.2 percent, Australian shares lost 1.1 percent and South Korea’s Kospi declined 0.5 percent. Equities in Asia took cues from Wall Street, where the Dow and S&P 500…

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Asian stocks pull back on fresh doubts about Trump policies

March 22, 2017 By Saikat Chatterjee HONG KONG (Reuters) – Asian stocks fell on Wednesday as a sharp pullback in Wall Street on doubts about Donald Trump’s economic agenda prompted investors to rush to safe haven assets such as gold and government bonds. Both the S&P 500 and the Dow Jones Industrial Average lost more than one percent on Tuesday in frantic trading, their biggest one day slide since before Donald Trump’s election victory in November. [.N] MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.5 percent in…

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