Archive for the August 20, 2019
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Most Asian currencies held steady on Monday as global recession fears were soothed by stimulus hopes, while the Malaysian ringgit extended gains after ratings agency Fitch raised the country's growth forecast on the back of
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The Australian dollar found a sliver of support on Monday as the prospect of stimulus in China and Europe soothed risk sentiment, though the Sino-US trade dispute remained a nagging worry. The Aussie was idling
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Sterling edged lower on Monday, although sentiment towards the pound was better than in recent sessions as investors hoped Britain and the European Union could make some progress in Brexit talks. The pound last week
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Sri Lankan rupee ended weaker on Monday at 177.30/50 per dollar, compared to Friday's close of 177.15/25 after the main opposition party named a hard-line former defence chief as its presidential candidate, to capitalise on
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Saudi Arabian stocks were lifted on Monday as most of its banking shares rose amid rising oil prices, while other Middle Eastern bourses in the region were lacklustre. Crude oil prices rose following a weekend
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Indian shares came off their session peak to close a tick higher on Monday, as strength in pharmaceutical stocks was largely offset by declines across the banking and auto sectors. The broader NSE index ended
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China stocks jumped over 2% on Monday, their best since early July, as investors cheered Beijing's latest stimulus to prop up an economy hit hard by a never-ending trade war with the United States. The
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Tokyo stocks closed higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index gained
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US stocks surged on Monday, building on previous session's rally, fuelled by growing hopes that major economies would act to prop up slowing growth, while technology stocks got a lift from trade optimism. China's central
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Hong Kong stocks climbed more than 2% on Monday amid a broad upbeat investor mood, posting their best session in two months, bolstered by Beijing's reforms to help steer borrowing costs lower for companies and
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