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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RBA Gains Confidence Unemployment to Fall Further, CPI to Climb

Australia’s central bank is showing increased confidence the economy will strengthen further next year, potentially laying the ground for the first policy tightening since 2010, minutes of its December meeting show. Main Takeaways Forward-looking indicators of labor demand suggest employment growth “will be somewhat above average” over the next...

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