Asia Extends Global Equity Rally as Yen Slides
EghtesadOnline: Rumors about the demise of reflation trades look to have been at least a little exaggerated. Asian stocks extended a global rally as investors looked ahead to data that will provide detail on the strength of U.S. consumer prices and speeches from a range of Federal Reserve officials. The yen weakened Monday after the S&P 500 Index climbed to a record high on Friday. Iron ore surged and copper climbed, buoying commodity producers across Asia.
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Publish Date:13/February/2017 | 05:34