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Investor sentiment was also shaped by the latest U.S. inflation data
The U.S. dollar edged lower on Friday, as investors weighed renewed Iran-U.S. peace agreement hopes, while persistent inflation concerns complicated the outlook for central bank policy.
The US Dollar Index ticked 0.1% lower in Asian trading, stabilizing after slipping to a one-...
The Nikkei was up almost 3.5 percent around midday while Seoul’s chip-heavy Kospi soared close to eight percent
Asian stocks gained and oil dropped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days.
Iran’s position remained unclear however, with foreign minist...
The US dollar index eased to 99.903
The US dollar wobbled on Thursday as new strikes in West Asia undermined sentiment, while a surge in May US consumer inflation to a three-year high kept investors uneasy about the central bank’s monetary policy outlook.
The currency markets have been subdued this week, as investors weighed the fragile ceasefir...
MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 1%
Asian stocks turned lower on Thursday after a tentative early rise on latest Middle East escalation that drove oil higher.
MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 1%, with Taiwanese shares slipping 1.5% and the Nikkei 225 down by the same magnitude...