Asian shares near record high, dollar weak as job, wage data awaited

Asian shares inched closer to a record high on Friday as U.S. jobs data pointed to firm economic growth although the greenback was soft as the specter of benign inflation capped domestic bond yields. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose nearly 0.3 percent in morning...

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Fed policymakers see future rate rises guided by inflation, fiscal stimulus

U.S. Federal Reserve policymakers showed worry over the fate of currently low inflation and saw recent tax changes as providing a boost to consumer spending, according to the minutes of the U.S. central bank’s last policy meeting on Dec. 12-13 released on Wednesday. The details of the meeting, at...

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Forex100 December 2017 Trade Ideas Review

In the Month of December 2017, Our Trade Ideas have generated potentially more than 1,000 pips! As trader, you would definitely like to earn profitable trades every month, right? That would have gave you a profit of 10,000 USD with a standard lot size!   December 2017 Trade Ideas...

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Boom year for stocks and commodities, downer for the dollar

Asian markets were ending 2017 in a party mood on Friday after a year in which a concerted pick-up in global growth boosted corporate profits and commodity prices, while benign inflation kept central banks from snatching away the monetary punch bowl. MSCI’s broadest index of Asia-Pacific shares outside Japan...

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Dollar slips to 3-1/2 week lows; commodity currencies stand tall

The dollar was on the defensive on Thursday, hampered by a recent dip in U.S. 10-year bond yields, while commodity-linked currencies were bolstered by this week’s rally in metals and oil prices. The dollar’s index against a basket of six major currencies slipped to 92.842 .DXY at one point,...

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BOJ Kuroda: Must watch for excessive risk-taking in markets

Bank of Japan Governor Haruhiko Kuroda said on Tuesday it was important to scrutinize whether economic expansion was leading to excessive risk-taking in financial markets.  Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, December 21, 2017. REUTERS/Issei Kato “In...

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