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  • Asian Stocks Cautiously Higher As Debt Ceiling Bill Moves Forward

    Asian Stocks Cautiously Higher As Debt Ceiling Bill Moves Forward0

    Most Asian stocks edged higher on Thursday, encouraged by progress towards averting a U.S. debt default, while signs of life in China’s manufacturing sector also helped fish local stocks from six-month lows. The U.S. House of Representatives voted in favor of a bill to suspend the debt ceiling late-Wednesday, pushing it forward to the Senate

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  • Asian stocks adrift as vaccine rally falters

    Asian stocks adrift as vaccine rally falters0

    By Administrator_India Capital Sands Asian stocks struggled to extend the week’s rally on Wednesday and gold and bonds firmed as a sceptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat. The risk-sensitive

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  • Asia stocks, oil struggle as Omicron worries weigh

    Asia stocks, oil struggle as Omicron worries weigh0

    Asian stock markets were generally weaker  in holiday-thinned trading on Monday, as uncertainty over the economic impact of the Omicron coronavirus variant weighed on investor sentiment. U.S. airlines have cancelled or delayed thousands of flights over the past three days due to COVID-19-related staff shortages, while several cruise ships had to cancel stops after outbreaks

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  • Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets

    Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets0

    Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The yen was the best-performing Asian currency for the day, rising 0.5% to

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  • Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips

    Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips0

    Most Asian currencies fell on Wednesday as the dollar steadied from a sharp tumble against the yen, while the Japanese currency retreated slightly from a four-month high as markets digested a surprise policy shift by the Bank of Japan. The yen fell 0.3% to 132.06 against the dollar, after rallying over 3% in the prior

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  • Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low

    Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low0

    Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although dovish signals from the Federal Reserve pushed the dollar to a three-month low. Regional currencies were also set for strong gains this week as the Federal Reserve flagged smaller interest rate

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