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Stock market: Asia ok, dollar down and gold up

The week closes with another gain in the MSCI Asia Pacific regional index, after yet another record on Wall Street last night – Stock markets in Tokyo, Hong Kong and Shanghai/Shenzhen are little changed from yesterday – Dollar weakens and gold goes up

Stock market: Asia ok, dollar down and gold up

Asia holds yesterday's gains, dollar weakens and gold rises

The week ends with another profit from theMSCI Asia Pacific regional index, after yet another record on Wall Street last night. The Exchanges in Tokyo, Hong Kong and Shanghai/Shenzhen are little changed compared to yesterday. Janet Yellen's tone in the post-Fed press conference continues to stoke market optimism. The US data was positive, both for new unemployment benefits, which decreased, and for the Conference Board leading indicator, which increased.

The prospect of low interest rates in America for a long time to come weakened the dollar, which lost both against the euro (1,363 in early afternoon Asia) and against the yen (101,85). The still expansionary monetary policy in America has also encouraged gold which, after a high of 1322 $/ounce, is now at 1314.

Il WTI oil it marks 106.6 $/b (115,0 for Brent). Stock futures on London and Wall Street are at yesterday's levels.


Attachments: bloomberg

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