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Asian shares high, dollar soft on less hawkish Fed

Tuesday, March 21, 2017 0:36
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Asian shares recorded 21-month highs today, 21 March 2017, whereas the dollar and U.S. bond yields were on the back foot on the prospect of a less hawkish Federal Reserve policy route.

Nikkei dropped 0.3%, weighed by financial stocks, which were hurt by lower U.S. yields and exporter stocks, which fell on the yen’s gains against the dollar.

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