Dollar in Demand, Worries over Europe Lockdowns, U.S. Taxes

The safehaven U.S. dollar approached a fourmonth high on Wednesday as concerns over a third COVID19 wave in Europe, potential U.S. tax hikes and escalating tensions between the West and China sapped risk appetite. The yen also strengthened and U.S. Treasuries were bid while Wall Street stocks and crude oil tumbled as investors weighed the […]
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Indian Shares Fall as Financials Drag, Virus Cases Spike

Indian shares fell on Wednesday, dragged down by financial companies and weakness in global stocks, as worries over the economic impact from a continued surge in domestic coronavirus cases weighed on sentiment. The bluechip NSE Nifty 50 index fell 1.2 to 14,638 and the benchmark SP BSE Sensex dropped 1.1 to 49,7508, as of 0510 […]
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Japan Stocks Extend Fall as Lockdown Worries Return

TOKYO, March 24 Reuters Japans Nikkei share average fell on Wednesday for the fourth consecutive session as renewed concerns about the return of coronavirus lockdowns in Europe and declining oil prices dented hopes of an acceleration in the global economy. The Nikkei 225 Index ended down 2.04 at 28,405.52. The broader Topix fell 2.18 to […]
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JGBs Rise on SafeHarbour Flows, Strong Auction Demand

TOKYO, March 24 Reuters Japanese government bond futures and prices on cash bonds rose on Wednesday as concerns over restrictions on economic activity in France and Germany increased the appeal of holding safeharbour assets. Investors shifted money out of equities and into bonds as risk appetite was dampened. An auction of sixmonth bills earlier on […]
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NZD near 3Month Low, Aussie Weakens as Oil Underperforms

SYDNEY, March 23 Reuters The New Zealand dollar on Tuesday hovered near its lowest levels this year as investors bet measures to cool its redhot housing market will lessen the likelihood of rate hikes, while continued weakness in commodity markets hit the Aussie dollar. The kiwi dollar weakened 0.8 to 0.7105 against the greenback, a […]
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Japanese shares rise as chip sector tracks Nasdaq higher

TOKYO, March 23 Reuters Japanese equities advanced on Tuesday as investors bought chiprelated shares following a tech rebound on Wall Street overnight, while automakers rebounded from sharp losses in the previous session. The Nikkei share average added 0.61 to 29,350.93 by 0144 GMT, while the broader Topix gained 0.39 to 1,997.94. The Japanese market does […]
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