Friday, 15 March 2013

ASIAN STOCK

Asian shares shrugged off three days of losses on Friday as global risk sentiment was buoyed by new U.S. data overnight suggesting a steady recovery in the world’s largest economy.




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U.S. STOCK

U.S. stocks edged up on Wednesday, with the Dow rising for the ninth straight session to another record, buoyed by surprisingly strong retail sales that suggested the economy is gaining momentum.




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DOLLAR

The dollar index stood at 82.899, having climbed as far as 83.055 after U.S. retail sales rose at their fastest clip in five months in February.




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EURO

The euro was at 124.92 yen, also off a one-month high of 126.03 reached on Tuesday. The euro was partly underpinned on Thursday by solid demand for Spanish long-term debt auction.




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FTSE

The FTSE 100 ended up 47.91 points, or 0.7 percent, at 6,529.41, its highest close since late 2007.




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U.S. TREASURY

Long-dated U.S. Treasuries prices slipped slightly on Thursday  after improved labor market data and stock market gains  undermined the appeal of lower-risk government debt.




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