Asian stocks led higher by Japan a dollar extends recovery

Asian stocks led higher by Japan a dollar extends recovery

TOKYO (Reuters) – Asian stocks gained on Wednesday, while the dollar advanced as traders near-term focus shifted to the minutes of the Federal Reserve’s last policy meeting for hints on the future pace of U.S. monetary tightening. But spreadbetters expected European stocks to follow Wall Street’s lead and open lower, with Britain’s FTSE slipping 0.3 […]

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SpaceX rocket launches Luxembourg satellite for NATO

GLOBAL MARKETS-Asian stocks led higher by Japan a dollar extends recovery

(Fixes typo in headline) * MSCI Asia-Pacific index up 0.5 pct, Nikkei rises 0.65 pct * Dollar recovery continues, currency hits 1-week high * Crude oil slips on stronger dollar By Shinichi Saoshiro TOKYO, Feb 21 (Reuters) – Japanese shares led Asian markets higher after a weak start on Wednesday, with Japanese export focused companies […]

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Asian stocks gain, dollar extends recovery

Asian stocks gain, dollar extends recovery

TOKYO (Reuters) – Asian stocks gained on Wednesday, while the dollar advanced as traders near-term focus shifted to the minutes of the Federal Reserve’s last policy meeting for hints on the future pace of U.S. monetary tightening. But spreadbetters expected European stocks to follow Wall Street’s lead and open lower, with Britain’s FTSE slipping 0.3 […]

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AP

Asian stocks dip, dollar gains momentum as yields rise

Japanese shares led Asian markets higher after a weak start on Wednesday, with Japanese export focused companies attracting investors as the dollar gained against the yen thanks to U.S. Treasury debt yields hovering near highs not seen in four years. MSCI’s broadest index of Asia-Pacific shares outside Japan took early cues from overnight losses on […]

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The Kiwi Dollar Stumbles with FED Talk to Drive the USD Today

Australian Dollar Gains As Still-Subdued Wages Edge Past Forecasts

DailyFX.com – Talking Points: Australian wage settlements edged past forecasts in 2017’s final three months However, they remain quite depressed Australian Dollar bulls liked the numbers nevertheless What makes some traders stand out from the crowd? Take a look at the DailyFX deep dive into the Traits of Successful Traders The Australian Dollar spiked up […]

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AUD/JPY rises to one-week high on Aussie data

AUD/JPY rises to one-week high on Aussie data

AUD/JPY clocks one-week high.  Upbeat Aussie wage growth data overshadowed to some extent by dismal construction sector data.  AUD/JPY rose to 84.86 – the highest level since Feb. 14 after the Australian Bureau of Statistics (ABS) reported a better-than-expected fourth quarter wage growth figure.  As of writing, the currency pair is trading at 84.78 levels. […]

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Asian stocks led higher by Japan as dollar extends recovery

Asian stocks led higher by Japan as dollar extends recovery

Tuesday, February 20, 2018 6:33 p.m. CST By Shinichi Saoshiro TOKYO (Reuters) – Japanese shares led Asian markets higher after a weak start on Wednesday, with Japanese export focused companies attracting investors as the dollar gained against the yen thanks to U.S. Treasury debt yields hovering near highs not seen in four years. MSCI’s broadest […]

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MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.15 percent. Japan's Nikkei shed 0.2 percent.Australian stocks were down 0.05 percent and South Korea's KOSPI fell 0.4 percent.

Asia stocks dip, US$ recovery continues as yields rise

TOKYO: Stock markets dipped after a long winning run on Wall Street ended overnight, while the dollar gained momentum on Wednesday as yields on U.S. Treasury debt headed for highs not seen in four years. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.15 percent. Japan’s Nikkei shed 0.2 percent.Australian stocks were down 0.05 […]

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The Australian economy appears to be staging a broad-based recovery

The Australian economy appears to be staging a broad-based recovery

Recent economic data suggests Australian economic growth is picking up In contrast to previous years, the improvement is evenly spread across the states and territories Stronger jobs and business data is helping to offset weakness in the housing market Australian economic growth has largely been powered by the performance of individual states and territories in […]

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Consumer stocks buoy Australian market

Consumer stocks buoy Australian market

Australian shares were marginally higher at noon after consumer stocks were buoyed by positive earnings results. The benchmark S&P/ASX200 stock index was up 0.1 per cent at midday on Wednesday, recovering from early weakness related to the materials sector. Mining stocks continued to weigh on the index, with shares in BHP Billiton down 4.9 per […]

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Asia markets tread water following on softer US lead; BHP falls 5%

Asia markets tread water following on softer US lead; BHP falls 5%

Meanwhile, the Kospi slipped 0.05 percent after trading in positive territory earlier in the morning. Steelmakers traded lower after the South Korean government submitted a World Trade Organization complaint over U.S. duties. Posco fell 1.51 percent and Hyundai Steel was down 1.33 percent on the day. Of note, the governor of the country’s central bank […]

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BHP defends $500m South Flank cost blowout

BHP defends $500m South Flank cost blowout

BHP has played down a $US400 million ($507 million) blowout in the estimated cost of its proposed South Flank project in the Pilbara, saying the development stacks up given the grade and quality it offers. Unveiling a 37 per cent fall in first-half profit to $US2 billion yesterday, BHP revealed the proposed cost of building […]

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Markets Live: A2 shines, WiseTech slumps

Markets Live: A2 shines, WiseTech slumps

SPONSORED POST Here’s IG Markets’ Chris Weston on traders could expect from the markets today: For the Aussie equity open our call currently sits at 5909, with SPI futures -34 points from 16:10 aedt (the official close of the ASX 200). Another weaker open eyed and one suspects BHP will be the heart of that […]

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Will GBP/USD Reject 1.40 on Labor Data?

Will GBP/USD Reject 1.40 on Labor Data?

Although U.S. stocks ended the day in negative territory, the U.S. dollar traded higher against all of the major currencies. There were no exceptions as the greenback powered higher on the back of a restrained decline in U.S. equities. The Dow Jones Industrial Average ended the day down 250 points but the decline in the S&P […]

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China Decides the Australian Dollar's Fate, Not US Treasuries

China Decides the Australian Dollar’s Fate, Not US Treasuries

The Australian dollar’s strength despite Treasury yields eclipsing those on local government debt for the first time since 2001 has perplexed some observers. It shouldn’t, says Macquarie Bank Ltd. “The key difference between now and 2000-01 is that the prices of Australia’s resources exports are around 180 percent higher and the terms of trade are […]

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The Australian dollar is sliding ahead of today's key wage report

The Australian dollar is sliding ahead of today’s key wage report

The Australian dollar put in a mixed performance on Tuesday, falling against the greenback but rallying against most of major the crosses. Here’s the scoreboard as at 7.30am AEDT. AUD/USD 0.7878 , -0.0033 , -0.42% AUD/JPY 84.49 , 0.17 , 0.20% AUD/CNH 4.9953 , 0.0071 , 0.14% AUD/EUR 0.6386 , 0.001 , 0.16% AUD/GBP 0.5631 […]

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Elsewhere

Aussie dollar tumbles below US 79 cents

The Australian dollar is firmly back below 79 US cents. At 0635 AEDT on Wednesday, the Australian dollar was worth 78.85 US cents, down from 79.18 US cents on Tuesday. Westpac’s Imre Speizer says the US dollar has extended its multi-day recovery. READ MORE: Anonymous investor buys $400 million worth of Bitcoin READ MORE: Peak […]

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